In 2025, the average savings of men in banks reaches RD$157,929, surpassing the RD$111,214 of women, according to data from the national financial system. This difference stems from deposits in savings, checking and term accounts, where men represent 57.57% of total deposits amounting to RD$1,026 million, versus 42.43% for women with RD$756,810 million.
Sustained growth of deposits
Total deposits total RD$1,783 million, an increase of RD$140 million in the first eleven months from RD$1,643 million at the start of the year. Year‑over‑year, November 2024 recorded RD$1,570 million, implying a rise of RD$213 million. The Central Bank highlights the sector’s solidity, with total assets at RD$4.19 trillion, equivalent to 52.6% of GDP.
Strength of the financial system supports men’s savings in banks
Asset growth is backed by public deposits: RD$2.27 trillion in local currency, 9% higher or RD$189,000 million, representing 28.5% of GDP. In foreign currency, they exceed US$14,500 million, 11.9% of GDP and 31.5% of foreign‑exchange generation flow, projected at US$46,000 million for 2025.
Gender gap in historical context
Historically, in the Dominican Republic, men’s savings in banks have outpaced women’s due to factors such as higher male formal labor participation and lower credit access for women, according to previous Central Bank reports. Experts note that financial inclusion programs aim to reduce this disparity, though it persists in 2025.
- Male deposits: 57.57% of total.
- Local‑currency deposits: +9% annually.
- Total assets: RD$4.19 trillion.
The Central Bank defends financial strength with increases in deposits and assets, sustained by public deposits.
This trend in men’s savings in banks invites reflection on gender equity in Dominican finance, with calls for inclusive policies to balance the scale in coming years.
