The award for best bank in the Dominican Republic is both very easy and very difficult to make. There’s no doubt which is the best bank. Banco Popular Dominicano dominates the sector, with more than 26% of total loans and by far the largest assets, loans, deposits and equity. Its return on equity in 2002 was 24.9%, and it is well placed to consolidate its top position.
But the banking sector is in something of a shambles in the wake of the collapse of the second-largest private commercial bank, Baninter [see Republic brought to the brink, this issue].
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