the rLatinFinance international magazine granted two important recognitions to Banco de Reservas, one as “Bank of the Year of the Dominican Republic”, and another as “Best Bank for SMEs in Latin America and the Caribbean”.
“These acknowledgments constitute evidence that the efforts made by Banco de Reservas, in its mission to promote the prosperity of the nation, are aimed at contributing to the economic development of all Dominicans; contributing significantly to the well-being of the population, ”he toldBanreservas general administrator, Samuel Pereyra.
Both awards were received by José Obregón Alburquerque, Senior General Director of International Business and Corporate Governance and Víctor Morillo Martínez, General Director of Institutional Business and Remittances at Banreservas.
to grant the Bank of the Year award in the Dominican Republic, the magazine analyzed financial data from Banreservaswith respect to other banking entities, such as total assets, capital ratio, return on capital and market opinion.
The publication weighed the rasset performancefeedback from analysts and rating agencies, verifiable actions taken by the bank to meet the challenges of the pandemic.