Economist Raúl Ovalle addressed the challenges and opportunities of the global and national economy in a changing environment during the traditional meeting with clients of the Cibao Association.
SANTO DOMINGO - The Cibao Association offered its clients a comprehensive perspective on the global economic situation, the local market and projections for the coming years, highlighting the factors that will affect monetary policy, investment and credit.
To address the issue, the financial institution held its annual meeting with clients, with two activities held in Santo Domingo and Santiago, focused on the analysis of the national and international macroeconomic outlook 2025-2027, presented by economist Raúl Ovalle, director of the firm Analytica and director of the School of Economics of PUCMM.
During his presentation, Ovalle highlighted that experts have identified ten emerging global risks in 2025 that will have an impact in the coming years, led by climate change, geopolitical instability, and cybersecurity, reflecting an increasingly strained and digitalized world. These are compounded by macroeconomic, energy, financial, and demographic risks that create a challenging environment.
He also noted that there are international factors that will continue to affect the Dominican economy, including the monetary policy of the United States, its inflation expectations—which exceed the 2% target—and the unemployment rate, which directly impacts the flow of remittances to the country.
"However, despite these challenges, global investors and risk rating agencies maintain a positive view of the Dominican Republic and highlight its capacity for economic resilience," Ovalle stated.
In his opening remarks, the CEO of the Cibao Association, José Luis Ventura, valued the meeting as an opportunity to renew the alliance with clients and reaffirmed the institution's commitment to prudence, innovation and close support.
Ventura noted that, at the close of the third quarter of 2025, the assets of the Cibao Association reached RD$105,159 million, an 8.19% increase compared to December 2024, while the gross loan portfolio increased by 7.8%, reaching RD$63,398 million.
Likewise, the Executive Vice President of Business, Rebeca Meléndez, emphasized that the entity's success is based on its ability to adapt to market changes, with a multi-channel, multi-segment and multi-product structure that allows it to serve individuals, SMEs and companies with agility and closeness.
"We are committed to offering financial solutions tailored to the current economic environment, combining in-person and digital channels that facilitate our clients' management and strengthen their growth," Meléndez said.
This annual meeting with clients is part of the Cibao Association's institutional initiatives to strengthen its relationship with the productive sectors and offer spaces for analysis and training that contribute to the country's financial development.
With more than six decades of operation in the Dominican financial system, the Cibao Savings and Loan Association maintains a prominent position in the market, consolidating itself as one of the main entities in the savings and loan association subsector.
