Dominican Credit Growth Accelerates as Private-Sector Financing Surges

  • Local economic activity in the Dominican Republic (DOMREP) continues to drive demand for financing, particularly in the private sector. Of note, private credit registered a year-on-year increase of 9.1% at the close of June 2026, according to the Association of Multiple Banks of the Dominican Republic (ABA).The country’s loan portfolio accelerated relative to the accumulated growth of 7.4% recorded in December 2025, with an additional injection of more than RD$80Bn during the first half of 2026, equivalent to 1.0% of the gross domestic product (GDP).
  • According to the ABA, the greatest dynamism in financing has been concentrated mainly in the commercial and mortgage segments, supporting strategic sectors for economic growth, including tourism, construction, transportation, and private investment. The association highlighted that channelling resources toward productive activities strengthens the Dominican economy’s capacity to sustain its growth, particularly in an international environment marked by heightened uncertainty.
  • The Central Bank of the Dominican Republic (BCRD) projects that credit to the private sector in national currency will continue to accelerate gradually during 2026, reaching 10.5% growth by the end of the year. This expansion would represent an increase in financing of RD$149,818 million, equivalent to 1.9% of GDP. The ABA noted that credit behaviour demonstrates the role of the financial system in supporting activities that are driving the economy, with a particular impact on sectors such as tourism and construction.
  • Alongside the increase in credit, public deposits accelerated, rising from 9.2% in December 2025 to 14.9% in June 2026. During the first six months of the year, the deposit base available to financial intermediation entities increased by RD$257,124 million, equivalent to 3.3% of GDP. The ABA added that statistics from the Superintendency of Banks show that the financial system maintains a liquid asset ratio above 40% and a stable delinquency rate below 2.0%.

(Source: Dominican Today)