NewsWhore
07-07-2006, 04:36 PM
The president of the Board of Directors of the Banco Popular of Puerto Rico, Richard Carrion, said that the Dominican Republic's current financial situation is much better than that two years ago, as reported by El Caribe. He believes that the approval of DR-CAFTA will open up many opportunities and assured that there are always changes and opportunities, which will adversely affect some sectors while benefitting others. In general however, he sees a positive atmosphere for the beginning of the treaty. Carrion says that the Dominican banking system is stronger and discounted the possibility of another situation like the one three years ago when the country's commercial banking sector was affected by the Baninter collapse.
Link To Original Article (http://www.dr1.com/index.html#10)
Link To Original Article (http://www.dr1.com/index.html#10)