NewsWhore
07-20-2010, 02:20 PM
According to data from the Superintendence of Banks, the public sector borrowed more than business from the local banks in the first half of the year. Banks lent 23.1% of their portfolio to the government, 19.5% to stores, 12.8% to the manufacturing sector, 9% to construction, 8.4% to real estate, 4.8% tourism, 3.6% to the electricity sector, 3.5% to transport and 3.5% to agriculture, as reported in Listin Diario. The banking sector reports a 9.1% growth rate for the first half of the year.
According to the report, those borrowing more than RD$15 million in one go make up 64% of the portfolio of banks, for a total of RD$170.2 billion. The capital city (Santo Domingo) and the northern region (Santiago) are where most loans were taken out. Santo Domingo received 75.5% of all loans, and Santiago 17.3%. The east received 4.3% and the south 2.9%.
More... (http://www.dr1.com/index.html#1)
According to the report, those borrowing more than RD$15 million in one go make up 64% of the portfolio of banks, for a total of RD$170.2 billion. The capital city (Santo Domingo) and the northern region (Santiago) are where most loans were taken out. Santo Domingo received 75.5% of all loans, and Santiago 17.3%. The east received 4.3% and the south 2.9%.
More... (http://www.dr1.com/index.html#1)