Home Business BR portfolio for tourism exceeds RD$35,868 MM

BR portfolio for tourism exceeds RD$35,868 MM

BR portfolio for tourism exceeds RD$35,868 MM

The general administrator of the Banco de Reservas, Samuel Pereyra, highlighted that during 2022 the active portfolio for tourism exceeded RD$35,868 million, with financing approvals of US$172 million for projects in the sector.

He said that RD$8,954 million were also disbursed for the hotel sector and financing of more than US$400 million was approved for working capital and development of tourism projects.

“All these investments have been necessary and are part of the Banco de Reservas’ commitment to the development of the Dominican Republic,” Pereyra reiterated when speaking at the inauguration of the photographic exhibition organized by the bank “La Riqueza en la República Dominicana”, of the prominent lens artist, Eladio Fernández.

Pereyra revealed that Banreservas is evaluating new investments for an amount greater than USD$1.5 billion to guarantee the continued growth of tourism in the Dominican Republic. These resources will be used for the construction of new hotel projects.

Accompanied by a delegation of business executives from the entity, Pereyra will hold more than 30 business meetings with tourism investors who attend ITB Berlin, in order to attract and capture foreign investment for the sector for the benefit of the country.

He explained that the objective of these meetings is to ensure that businessmen and hotel chain owners feel attracted by the investment climate and natural beauties, so that they consider investing in the different tourist poles of the Dominican Republic.

Culture

At the inauguration of the exhibition “Wealth in the Dominican Republic”, the Minister of Tourism, David Collado; the Secretary General of the World Tourism Organization (UNWTO), Zurab Pololiskashvili; Noelia García de Pereyra, president of the Banreservas Volunteers; David Llibre, Marte Piantini, Frank Rainieri and Andrés Marranzini, among other personalities linked to tourism.

The pieces that make up the exhibition by prominent Dominican photographer Eladio Fernández will be donated today by Banreservas to the Dominican embassy in Berlin.

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