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Home Marry your home Finance Banco Popular designs solutions for the growth of its SME clients

Banco Popular designs growth solutions with its SME clients

He celebrated the first co-creation meeting “Boosting SME Success” together with business owners and entrepreneurs.

SANTO DOMINGO.- Banco Popular Dominicano held the first edition of “Impulso al Éxito Pyme” (Boost to SME Success), a co-creation event with its SME clients, aimed at identifying and developing together with them the best solutions to boost the growth of small and medium-sized businesses.

The event brought together representatives from SMEs across various sectors who are clients of Banco Popular. Together with executives and specialists from the financial institution, they participated in working groups that addressed their operational needs, growth challenges, and digitalization opportunities, with the goal of co-creating financial products and support services tailored to the realities of this segment.

At the opening, Francisco Ramírez, Executive Vice President of Personal Banking and Branches at Banco Popular, explained that this value proposition for SMEs seeks to go beyond traditional financing, integrating guidance, training, and technical support from the branches.

“We are excited to listen to you, support you, learn from your experiences, and actively collaborate in strengthening this vibrant network of small and medium-sized enterprises that push our country forward every day,” Ramírez stated.

According to data shared during this co-creation session, in 2024 Banco Popular's loan portfolio to the SME sector exceeded RD$110 billion, representing approximately 30% of the market. Meanwhile, more than 75,000 companies maintain commercial relationships with the bank.

In addition, through the Impulsa Popular platform, the bank has impacted thousands of entrepreneurs with products, services, educational content and programs designed to promote the digital transformation of their businesses, their business development and the connection with their end consumers.

From theory to practice: a space for co-creation

This first edition of “Boosting SME Success” featured a dynamic and participatory agenda, with presentations on market trends, creativity, and business leadership. It fostered the exchange of experiences, collective feedback, and the generation of ideas applicable to the sector, with an emphasis on digitalization, operational efficiency, and customer engagement.

The activity concluded with a plenary session where the main contributions were shared and the bank's commitment as a catalyst for the development of the SME sector in the country was reaffirmed.

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