Magín Díaz, Finance Minister, expressed his positive assessment of Leonardo Aguilera’s management at the helm of Banreservas. The financial institution shows solid performance and profitability indicators, with projections of record earnings by year‑end.\r\n\r\nOn the program Hoy Mismo on Color Visión, Magín Díaz described Leonardo Aguilera as an experienced economist for whom he has great professional respect. Under his leadership, Banreservas balances the integration of new staff with the experience of veterans, ensuring an efficient transition in a large‑scale institution.\r\n
Structural change in the business model
\r\nMagín Díaz highlighted the transformation of Banreservas: today, most of its operations focus on the private sector, with a massive loan portfolio and minimal exposure to the public sector. This positions the bank as a direct competitor to the leading Dominican financial institutions.\r\n
Institutional strengthening and supervision
\r\nThe minister emphasized the strength of the treasury and risk‑management team at Banreservas. The Superintendency of Banks conducts continuous supervision, backed by a board of directors with high technical expertise. Magín Díaz expressed satisfaction with these clear indicators and the professional direction of Leonardo Aguilera.\r\n
Historical context and relevant data of Banreservas
\r\nBanreservas, founded in 1941, is the largest state bank in the Dominican Republic, with assets exceeding 1.2 trillion Dominican pesos according to recent reports from the Superintendency of Banks. In 2024, it recorded net earnings of more than 40 billion pesos, a 25% increase over the previous year, driven by growth in private loans.\r\n
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- Private loan portfolio: represents 85% of the total, compared with 60% two decades ago.
- Delinquency indicators: below 2%, among the lowest in the financial system.
- Digital expansion: over 5 million users on mobile apps, modernizing services.
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\r\nExperts such as economists from the Autonomous University of Santo Domingo agree that Leonardo Aguilera’s management has raised operational efficiency.\r\n
“Banreservas competes on equal footing with private banks thanks to its solidity,” said a financial analyst in recent sector reports.
\r\nThis evolution reflects a more agile, market‑oriented state bank. Magín Díaz reiterates that Banreservas is very well led, with Leonardo Aguilera at the helm consolidating his key role in the Dominican economy.
