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ReidCo presents positive results this year

posted on: Nov 18 2011 8:30 by RDugey. Viewed 16 times.

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The Executive Vice President of the ReidCo Credit Corporation noted that indicators had a sustained growth in 2011 to 2010, to pass its total assets of RD$ 248,339,074 to RD$ 316,956,457, reflecting an increase of 28%, positioning itself among the top three nationwide credit corporations.

Jennifer Perez spoke Wednesday in the Act of celebration of the 25th anniversary of ReiCo, carried out at headquarters of Reid & company.

Perez indicated that the total credits reflected an increase of 30%, going from RD$ 195,317,073 in 2010 to RD$ 253,922,637 to October 31, 2011. He explained that the deposits from the public increased Rd $185,939,948 to RD$ 243,761,642 (31%), and the heritage rose 12 percent, going from RD$ 49,463,861 to RD$ 54,511, 877.

Indicated in the portfolio of loans and heritage, is in second place and for the third consecutive year in the first place in u000aregards utilities sector corporations of credit ranking

"We are proud that Reid - Co is a dynamic and sustained growth, which is reflected in our strategic plan," said.



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