Santo Domingo, D.R.– At the close of March of this year, the assets of the Dominican financial system experienced a year-on-year growth of 10.5%, reaching a total of RD$3.92 trillion, according to the quarterly performance report published by the Superintendence of Banks (SB).
The gross loan portfolio rose to RD$2.24 trillion, an increase of RD$225.831 million (11.2%) compared to the same period of the previous year. As of March 2025, the real growth of the private portfolio in local currency was +3.7%, largely led by consumer credit through personal credit cards (+18.6%), followed by the mortgage loan portfolio (+7.9%) and consumer loans (+5.8%).
The weighted average active and passive interest rates (TIPP) of multiple banks stood at 14.77% and 8.91% in March, representing a year-on-year reduction of 0.16 and 0.14 percentage points, respectively.
The SB reported that the non-performing loan portfolio reached RD$39.282 million, a year-on-year increase of RD$12.964 million (49.3%). The delinquency rate stood at 1.75%, increasing by 0.45 percentage points compared to March 2024. Meanwhile, the system’s stressed delinquency rate was 7.34%, 0.48 percentage points above the same quarter of the previous year and 0.22 higher than the last quarter.
The written-off portfolio for the 12 months prior to the cutoff amounted to RD$32.390 million, representing 1.4% of the total private portfolio. Established provisions reached RD$72.8 billion, increasing by 24.1% compared to the previous year, equivalent to 3.3% coverage of the total loan portfolio.
Likewise, return on assets (ROA) remained at 2.7%. Similarly, ROE, or return on equity, stood at 22.1%. The system’s operational efficiency closed the quarter at 59.4%, showing an improvement compared to the previous quarter when it stood at 61%. Compared to March 2024, efficiency worsened by 0.7 percentage points (going from 58.7% to 59.4%). This means that for every RD$100 earned by the financial system, RD$59.4 were spent on its operations as of March of this year.
photo credits for this post: Deultimominuto.net
