SANTO DOMINGO.-At the close of March of this year, the assets of the Dominican financial system experienced a year-on-year growth of 10.5%, reaching a total of RD 3.92 trillion, according to the Quarterly Performance Report published by the Superintendency of Banks (SB).
The gross loan portfolio reached RD$2.24 trillion, an increase of RD$225,831 million (11.2%) compared to the same period of the previous year. As of March 2025, the real growth of the private loan portfolio in local currency was +3.7%, mainly driven by consumer credit through personal credit cards (+18.6%), followed by the mortgage loan portfolio (+7.9%) and consumer loans (+5.8%).
The weighted average interest rates (TIPP) for active and passive banking in March were 14.77% and 8.91%, for a year-on-year reduction of 0.16 and 0.14 percentage points.
The SB reported that the non-performing loan portfolio reached RD 39,282 million, for a year-on-year increase of RD 12,964 million (49.3%).
The delinquency rate stood at 1.75%, increasing by 0.45 percentage points compared to March 2024. Meanwhile, the stressed delinquency rate of the system stood at 7.34%, 0.48 percentage points above the same quarter of the previous year and 0.22 more than the previous quarter.
The bad debt portfolio for the 12 months prior to the cut-off amounted to RD 32,390 million, representing 1.4% of the total private portfolio.
The provisions established reached RD 72.8 billion, increasing by 24.1% compared to the previous year, equivalent to 3.3% coverage of the total loan portfolio.
Likewise, return on assets (ROA) remained at 2.7%. Similarly, ROE stood at 22.1%.
The system's operational efficiency closed the quarter at 59.4% , an improvement over the previous quarter, when it stood at 61% . Compared to March 2024, efficiency worsened by 0.7 percentage points (from 58.7% to 59.4%). This means that for every RD$100 received by the financial system, RD$59.40 was spent on its operations as of March of this year.
