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NewsWhore
08-15-2006, 06:40 PM
The liquidity of the Dominican banking system is higher than RD$102 billion from a total portfolio of RD$280 billion and which includes RD$178 billion placed on loans, according to information provided by the president of the Commercial Banking Association (ABA), Jose Manuel Lopez Valdez, who spoke at the end of a press conference to announce the International Audit and Finance Convention from the 21st to the 24th of September at the Coral Hamaca Hilton Hotel in Boca Chica. Lopez Valdez said the financing of the construction sector had doubled, growing by 96% as a result of an 11.7% growth in the economy during the first semester of the year.

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