The Dominican Republic will play host to the 52nd annual meeting of the Latin American Banking Federation (Felaban) from November 11-14. The conference will cover economic challenges in the region, including the situation in Brazil and Argentina; regulatory challenges for the region, particularly Basel III reforms; and de-risking in Latin America. It will also be looking at the economy and the banking system of the host nation.
The state of the banks in the Dominican Republic is relatively positive. The top five banks by total assets have been steadily boosting their balance sheets over the past five years, increasing their total assets by around 40%, to $25.8bn at the end of 2017. The country’s largest lender, Banco de Reservas de la Republica Dominicana, has increased its total assets by 33%.