Q: Banreservas is the largest bank in the Dominican Republic. What sets the bank apart from others?
A: Banreservas has 77 years of history and a proven business strategy; it reaffirmed its leadership in the Dominican banking system in 2018 too. We are the leader in volumes of assets and liabilities, with the largest volume of deposits and loans, and we are the bank with the highest earnings. We have nearly 2.5 million clients, 285 offices and 1200 banking agents, giving us the largest full-service banking network in the country. We also have correspondent bank agreements with 50 international banks, another area in which we are the leader. We have improved our management strategies to make the bank more efficient, and our efficiency ratio has improved by twice that of the rest of the system. A new treasury management strategy has led to the largest drop in financial costs in the system.
