SANTO DOMINGO – Banco Caribe celebrated its 20th anniversary with a thanksgiving mass at the Cathedral of Santo Domingo, where executives highlighted the bank's strong financial position and its commitment to the country's economic development. At the close of last month, Banco Caribe reported total assets of RD$43.396 billion, reaffirming its strength within the Dominican financial system.
During the ceremony, other key indicators were also highlighted, such as a loan portfolio of RD$23,450 million, investments of RD$10,680 million and a solvency ratio of 14%, reflecting the institution's sustained growth over these two decades.
Edmundo Aja, Chairman of the Board of Directors of Banco Caribe. (EXTERNAL SOURCE).
The Mass, officiated by Monsignor Faustino Burgos, Bishop of the Diocese of Baní, was attended by Edmundo Aja Fleites, Chairman of the Board of Directors of Banco Caribe, along with other members of the governing body. In his remarks, Aja Fleites expressed his gratitude to employees, leaders, and clients, highlighting their role as pillars of the institution's success.
"Today we not only celebrate Banco Caribe's achievements in its first 20 years, but we also renew our commitment to building an even more promising future," said Aja Fleites.
He added that the institution's vision remains focused on being an engine of positive change for the economic and social development of the community, betting on innovation and sustained growth.
inclusion and innovation
Banco Caribe has been a pioneer in creating financing programs for used vehicles and trucks, as well as in implementing basic banking services through banking sub-agents, expanding access to financial services for low-income sectors. This commitment to inclusion has shaped its history and is an integral part of its development strategy.
The institution has also distinguished itself in the area of sustainability, receiving national and international certifications for its social and environmental efforts. Currently, 97% of its branches and administrative offices hold occupational health and safety certifications, and it is the second bank in the Dominican financial system to receive the Platinum Seal for its workplace equity policies. Furthermore, it measures and manages its carbon footprint with clear short- and medium-term goals.
Towards the future
With a solid track record and innovative approach, Banco Caribe reaffirmed its commitment to excellence, integrity, and customer focus, establishing itself as a leader in the Dominican financial system. Founded on November 24, 2004, the bank looks to the future with the certainty that it will continue to generate value for its clients and the community in the years to come.
