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View Full Version : No reason for higher interest



NewsWhore
01-18-2011, 03:30 PM
Dominican banks earned more than RD$19 billion in 2010, which is why Superintendent of Banks Haivanjoe Ng Cortinas sees no reason for the banks to increase their interest rates.

As reported in Hoy, Diario Libre and other media, the Superintendent delivered a report on the performance of the banking sector that showed the availability of RD$140 billion in resources in the commercial banks, an 8.4% increase over 2009. Assets increased by 15% to RD$777 billion. The credit portfolio also increased, by 13.9%, and reached RD$450 billion.

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