The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Dominican Republic

BEST BANK
Banco Popular Dominicano

In Argentina, the government collapsed and, in doing so, devastated the banking system: the new government got some excellent results very quickly, but the banking system remains hobbled to this day.

In the Dominican Republic, the banking system collapsed and, in doing so, devastated the government: the new banking system has got some excellent results very quickly, but the government has only recently managed to restructure its debt.

The lesson seems to be that given the choice, it's worse to be sinned against than to be the original sinner.

In any case, the best bank in the Dominican Republic is Banco Popular Dominicano, which made $50 million in 2004 on assets of $2.6 billion. With a return on equity of more than 20% and a return on assets of more than 2%, the bank is not only well respected in the country but is also quite clearly profitable.

No-one thought the banking system in the Dominican Republic could rebound as quickly as it did – but then no-one thought the Argentine economy would rebound as quickly as it did, either.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree