BCRD disburses RD$33 billion from the liquidity program
The Central Bank of the Dominican Republic (BCRD) reported that, as of July 17, 2025, RD$33 billion have been disbursed from the RD$81 billion liquidity program approved in June 2025 by the Monetary Board, which consisted of reserve release measures for RD$64 billion (RD$50 billion new and RD$14 billion from previous measures) and RD$17 billion of 6-month deferrals of rapid liquidity facilities (FLR) maturities.
The disbursed amount of RD$33 billion is composed of RD$19,508 million of legal reserve releases and RD$13,441 million of deferrals of maturities of rapid liquidity facilities of the aforementioned amount of RD$17 billion, which has allowed final debtors to maintain their credits for an additional period of six months and an interest rate of up to 9% per year, avoiding higher financial costs for their productive activities, especially commerce, construction, manufacturing and micro, small and medium-sized enterprises (MSMEs), according to a press release from the entity.
Similarly, the resources disbursed from the legal reserve have been channeled to the following sectors: commerce (RD$9.289 billion), construction (RD$4.893 billion), manufacturing (RD$1.622 billion), exports (RD$644 million), agriculture (RD$437 million), and MSMEs (RD$603 million). Additionally, approximately RD$2.02 billion has been allocated to mortgage loans for home purchases .
"This legal reserve measure has allowed for the granting of loans at a fixed interest rate of up to 9% and terms of up to two years, facilitating access to financing for 682 companies under more favorable terms, in line with the objectives of providing liquidity and boosting the economy's strategic productive sectors. In addition, it has benefited 199 MSMEs with an amount of RD$603 million, for an average loan of approximately RD$3.0 million, at competitive interest rates for this market segment," it states.
Similarly, the legal reserve measures have benefited 770 families in the purchase of homes , at a fixed interest rate of 10.0% and for a term of up to seven years. It is worth noting that more than 80% of these beneficiaries are low-cost homeowners, which contributes to reducing the housing shortage, which particularly affects lower-income populations.
"It is important to note that the liquidity provision measures implemented by the BCRD through rapid liquidity facilities and reserve requirement releases, in addition to helping to stimulate economic activity in a context of price stability, promote greater financial and social inclusion ," he added.
World BankIndeed, in its most recent publication of the Global Findex 2025, the World Bank reports that the Dominican Republic has increased the percentage of adults with financial accounts , from 51% in 2021 to 65% in 2024, representing an increase of 14 percentage points. This progress merited special mention among the countries that achieved a double-digit increase in this indicator. This means that 65 out of every 100 Dominicans over the age of 15 have financial accounts.
Similarly, the World Bank report highlights significant progress in account ownership among lower-income groups, which increased from 39% in 2021 to 53% in 2024, highlighting the positive impact that measures promoting banking access and access to low-cost housing have had on these populations.
"As a result of the BCRD's resource release measures, interest rates in the financial system are expected to continue to fall, fostering greater credit dynamism for the private sector, thereby boosting economic activity and sustained progress toward greater financial inclusion , in an environment where inflation is within the 4.0% ± 1.0% range contemplated in the inflation targeting framework," he stated.
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