The Central Bank of the Dominican Republic’s governor, Héctor Valdez Albizu, met with executives of the Dominican Chamber of Capital Markets (CADOMCA) to assess the role of the local capital market as a source of financing and economic development and to discuss closer coordination with the public sector. CADOMCA reported that assets under management in the Dominican capital market totalled RD$2.91 trillion (about USD 48.0 billion) at end-2024 and reiterated its readiness to structure long-term solutions, including participating from the outset in the structuring of government projects. Valdez Albizu pointed to public-private partnership models used in other countries, such as Chile, and offered cooperation within the central bank’s constitutional and statutory remit, while also sharing an economic snapshot showing 5.0% growth in 2024, 5.4% year-on-year expansion in March 2025 and 2.7% cumulative year-on-year growth in January–March 2025, with growth projected at around 4.0% to 4.5% once uncertainty factors dissipate.
Central Bank of the Dominican Republic 2025-05-20
Central Bank of the Dominican Republic meets CADOMCA to deepen capital market financing as assets under management reach RD$2.91 trillion
The Central Bank of the Dominican Republic's governor, Héctor Valdez Albizu, met with the Dominican Chamber of Capital Markets (CADOMCA) to discuss the capital market's role in financing and economic development. CADOMCA reported RD$2.91 trillion (USD 48.0 billion) in assets under management at end-2024 and expressed readiness to structure long-term solutions. Valdez Albizu highlighted public-private partnership models and shared economic growth data, noting 5.0% growth in 2024 and projected growth of 4.0% to 4.5% as uncertainties decrease.