Banks have increased their assets in RD$ 84,182 MM

posted on: Dec 17 2011 15:5 by RDugey. Viewed 19 times.

Between January and November this year the gross assets of the different sub-sectors of the financial system grew by $84,182.83 million, a 10.66%, highlighting a greater weighting of credit portfolio and investments in securities. Liabilities increased by RD$ 67,714.65 million, equivalent to the 10.04%, with a significant share of deposits.

so yesterday informed the Governor of the Central Bank, Héctor Valdez Albizu, before representatives of the full service bank in a meeting in which magazine to the behavior of the Dominican economy and where also discussed the prospects for 2012.

At the meeting, held in the Central Bank, Valdez Albizu explained the macroeconomic framework that underpins the monetary program of the next year and stressed that the country's financial system has had a satisfactory behavior in 2011, showing a significant increase in its operations active, passive and u000aheritage as a result of the framework of economic stability and sustained growth that has been developing.

Count
Bank executives became the performance of the credit and its impact on consumption and production, the behavior of interest rates and stimuli to the banking sector-driven balance.

During this period, according to the Governor of the Central Bank, the financial system recorded higher levels of capitalization and solvency, as well as adequate levels of liquidity, indicators that ensures reflect the strength of the entities of financial intermediation that operate in the country.

Injection of optimism in the economy in 2012
the Governor of the Central Bank, Héctor Valdez Albizu, appealed to maintain optimism and to strengthen the positive expectations with sending signals and conducting operations to reinforce the certainty for economic operators, both u000alocal and foreign.

Were present, by banks, Manuel Jimenez, of the people's Bank; Carlos Guillermo León, the lion Bank; Maximum Vidal of the Citibank; Mark Silverman, the Banco del Progreso; José Moya of the BDI; and José Manuel López Valdez, President of the Association of Bank business.

By the Central Bank accompanied the Governor, the Vice-Governor Clarissa Torres Rocha; Manager Pedro Silverio, sub-Manager general Ervin Novas, the Deputy Manager of operations Frank Montaño; and the director of regulation and financial stability, Ramón Rosario.

Dealers
week Valdez Albizu also received a Commission from the Dominican Association of traders, which exchanged views on the behaviour of the economy in 2011 and the prospects for 2012. Valdez Albizu traders explained the development of the economy based on the results until September, indicating that growth u000aof GDP could be considered satisfactory for the most dynamic sectors.