The Superintendency of Banks of the Dominican Republic published preliminary end-2024 supervisory figures showing the financial system remained stable and solvent while total assets grew 10.6% year on year to RD$3.87 trillion. Credit expanded 12.2% year on year, up RD$237.2 billion to RD$2.18 trillion, while public deposits rose 11.4% over 2024 to RD$2.9 trillion. Net worth increased RD$65,543 million (16.1%) to RD$473,262 million. The non-performing loan ratio stood at 1.6% at end-2024, with stressed delinquency at 7.0% (up 0.3 percentage points year on year), and provisions coverage at 175% versus a 100% minimum. System liquid assets (cash and deposits with the central bank and other banks) fell 4.3% year on year to RD$616.5 billion. Pre-tax profit rose 11.2% to RD$106,907 million, while ROA declined to 2.8% from 3.0% and ROE fell to 22.6% from 25.5%.
Superintencencia de Bancos de la Republica Dominicana 2025-01-14
Dominican Republic's Superintendency of Banks reports double-digit growth in financial system assets and continued low delinquency at end-2024
The Superintendency of Banks of the Dominican Republic reported that the financial system remained stable and solvent at the end of 2024, with total assets increasing by 10.6% to RD$3.87 trillion. Credit expanded by 12.2% to RD$2.18 trillion, while public deposits rose 11.4% to RD$2.9 trillion. Despite a decline in liquid assets and profitability ratios, the non-performing loan ratio was 1.6%, with provisions coverage at 175%.