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Central bank. Central Bank of the Dominican Republic; Local banks. The main local banks: Central Bank of the Dominican Republic, Banco Popular Dominicano, Banreservas and Banco BHD Leon contribute more than 60% market share.
BanReservas 18.46 42 Grupo Security 17.43 43 Banco Provincia: 16.91 44 Republic Financial: 16.74 45 BanBajío: 15.92 46 Santander Argentina: 15.25 47 National Bank of Panama: 14.60 48 Banco Azteca: 14.42 49 NCB Financial Group: 13.89 50 Daycoval: 13.37
The Ministry of Finance ( Spanish: Ministerio de Hacienda ), also Ministry of Internal Revenue, of the Dominican Republic is the government institution in charge of preparing, executing and evaluating the coutry's fiscal policies, including national income, expenses and finance and securing its sustainability in relation to the economical ...
Santo Domingo ( Spanish pronunciation: [ˈsanto ðoˈmiŋɡo] meaning "Saint Dominic" but verbatim "Holy Sunday"), once known as Santo Domingo de Guzmán, known as Ciudad Trujillo between 1936 and 1961, is the capital and largest city of the Dominican Republic and the largest metropolitan area in the Caribbean by population. [7]
Portal. v. t. e. Full-reserve banking (also known as 100% reserve banking, or sovereign money system) is a system of banking where banks do not lend demand deposits and instead only lend from time deposits. It differs from fractional-reserve banking, in which banks may lend funds on deposit, while fully reserved banks would be required to keep ...
The BHD Bank (also known as Banco Múltiple BHD, S.A [2]) is a private financial and mortgage bank in the Dominican Republic, founded by Samuel Conde and a group of entrepreneurs on July 24, 1972. Since then, it has formed numerous partnerships and acquisitions with other financial organizations in the country. [3]
The Central Bank of the Dominican Republic ( Spanish: Banco Central de la República Dominicana, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system. The Bank's headquarters is in Santo Domingo, and its current governor ...
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