RD$11,993 million has been allocated for construction , RD$3,678 million for the acquisition of low-cost housing, and RD$2,632 million for mortgage loans.
SANTO DOMINGO. -The Central Bank of the Dominican Republic (BCRD) reported that 84% of the amount authorized under the special liquidity program has been placed, equivalent to RD$68 billion by the end of October, out of the RD$81 billion approved by the Monetary Board in June of this year.
The agency explains that of the total disbursed, RD$54 billion corresponds to releases of legal reserves directed to the productive sectors at rates of up to 9% per year, and to micro, small and medium-sized enterprises (MSMEs) under competitive conditions.
The regulatory body details that the funds were distributed as follows: commerce (RD$21,528 million), construction (RD$11,993 million), MSMEs (RD$8,864 million), manufacturing (RD$3,655 million), agriculture (RD$1,212 million) and export (RD$806 million).
RD$3,678 million was included for the acquisition of low-cost housing and RD$2,632 million for mortgage loans.
The Central Bank specified that the resources released from the legal reserve have benefited 8,726 debtors , with an average credit amount of RD$6.25 million, which demonstrates the broad scope and effectiveness of this measure.
Likewise, the Página Abierta article prepared by experts from the Central Bank indicates that RD$14 billion of the RD$17 billion planned to be relocated through the rapid liquidity facilities (FLR) have been granted, giving the productive sectors greater flexibility in the use of financial resources and interest rates of up to 9% per year.
The agency highlighted that these actions, along with the reduction of the monetary policy rate (MPR) from 5.75% to 5.50% in September 2025, have boosted credit in national currency and led to a general decrease in interest rates.
Since May of this year, the entity explains that net private credit in national currency has expanded by around RD$71 billion, raising its year-on-year growth from 8.2% in May to 8.9% in September.
During the same period, the average lending rate at commercial banks fell from 14.99% in May to 13.95% in October, a reduction of 104 basis points. In the productive sectors receiving government assistance, the lending rate dropped from 14.35% to 13.13%, representing a decrease of 122 basis points.
Similarly, interbank rates fell from 11.54% in May to 7.19% in October (a reduction of 435 basis points), while deposit rates decreased from 9.63% to 6.38%, equivalent to 325 basis points less.
The Central Bank indicated that these reductions facilitate better financing conditions for productive sectors and households.
Furthermore, the recent decrease in the Monetary Policy Rate (MPR) to 5.25% last October will reinforce the trend towards lower rates in the coming months.
Finally, the institution indicated that there are still RD$13 billion to be allocated within the liquidity program, which will allow it to continue boosting credit in national currency, support economic activity, and consolidate a more favorable financial environment for the country's growth.
