The Superintendency of Banks of the Dominican Republic has issued a circular that makes quarterly reporting of sex-disaggregated data on financing to micro, small and medium-sized enterprises (MSMEs) mandatory for all financial institutions in the country. Institutions must report the ownership composition of their MSME clients, including the percentage held by women, and the outcomes of credit applications, including approvals, rejections and reasons for rejection. The first submission will cover data as of 30 September 2026, and the measure supports implementation of the WE Finance Code, a global initiative aimed at increasing financing for women-led MSMEs. The mandate follows a voluntary process that began in 2023, when IDB Invest and the Association of Multiple Banks of the Dominican Republic (ABA) promoted the WE Finance Code, with ABA leading technical coordination, reporting infrastructure and a national dashboard. According to the release, 26 financial institutions representing about 97% of assets in the Dominican financial system have signed the code, and the pilot established standards aligned with the Organisation for Economic Co-operation and Development (OECD), held 16 technical workshops and adopted a common definition of women-led MSMEs consistent with existing enterprise classification rules. The Superintendency, ABA and the IDB Group have also set a roadmap for the rest of the year that includes the first report of disaggregated indicators to the OECD.
Superintencencia de Bancos de la Republica Dominicana2026-05-26
Superintendency of Banks of the Dominican Republic mandates quarterly sex-disaggregated reporting on micro, small and medium-sized enterprise financing
The Superintendency of Banks of the Dominican Republic has mandated all financial institutions to submit quarterly sex-disaggregated data on financing to micro, small and medium-sized enterprises, including ownership composition and credit application outcomes. The measure, which builds on a voluntary WE Finance Code pilot involving 26 institutions representing about 97% of system assets, aligns with Organisation for Economic Co-operation and Development standards and will support reporting of disaggregated indicators to the organisation.