Tourism delinquency is only 0.3%, and non-bank financing reached US$1,231 million, showing tourism as an economic engine with bank backing, reported Enmanuel Cede\u00f1o.<\/p>\n\n\n\n
The sustained growth of the tourism sector, reflected in the increase in visitors, the creation of jobs and its contribution in added value to the gross domestic product, shows ongoing confidence and an increasingly robust offer, which finds a key ally in Dominican banks for the expansion and diversification of the Dominican Republic as a destination.<\/p>\n\n\n\n
Representatives of both sectors concluded this during the “Capital, Trust and Growth: Banking and Tourism” forum, held on Tuesday by the National Association of Hotels and Tourism (Asonahores) and the Association of Multiple Banks of the Dominican Republic (ABA), at the Hotel El Embajador.<\/p>\n\n\n\n
In his opening speech, the president of Asonahores, Juan Bancalari, reported that the Dominican multiple banks increased the credit portfolio for tourism by 67% between 2020 and 2025, reaching more than RD$112,000 million, which shows the confidence of the financial system in the sector.<\/p>\n\n\n\n
“This financing has been key to building new projects, updating hotel facilities and expanding the complementary offer,” added Bancalari, during the event that was attended by the Minister of Tourism, David Collado; the Superintendent of Banks, Alejandro Fern\u00e1ndez W.; presidents and other senior executives of guilds, financial institutions and the Dominican business sector.<\/p>\n\n\n\n
For her part, ABA chair, Rosanna Ruiz, highlighted the aggregate value of the country’s tourism industry, which grew at an annual average of 6.6% during the last 35 years, almost 30% above the Dominican economy which, during the same period, grew at 5.1%<\/p>\n\n\n\n
Ruiz also reported that during the last three decades, credit for the tourism industry grew at an average annual rate of 24%, which represents an increase 60% faster than that of the commercial sector’s portfolio, which was 15%.<\/p>\n\n\n\n
As a result of this strong and sustained expansion, she explained that tourism’s share of the commercial portfolio went from 1.2% in 1996 to 9.2% in 2025. “This percentage is even higher if we just consider credits in foreign currency, where the weight of tourism rises to 21%,” she added.<\/p>\n\n\n\n
The ABA president also stated that banking has not been a spectator in this exponential evolution of tourism but an active partner and a strategic ally that has accompanied the development of the sector with a long-term vision.<\/p>\n\n\n\n
“Financing tourism is not just granting credit. It\u2019s supporting the country. It\u2019s believing that stability is sustained, projects are consolidated, and the capital that is placed today has the potential to multiply in employment, foreign exchange and well-being,” he said.<\/p>\n\n\n\n
During the event, the Association of Multiple Banks of the Dominican Republic (ABA) recognized Tourism Minister, David Collado, for his contribution to strengthening and revitalizing the country, highlighting his management in the sustained recovery of this sector, the promotion of the country in key markets and creating conditions that have prompted investment and the growth of tourism as a strategic engine of the Dominican economy.<\/p>\n\n\n\n
Authorities showcase tourism development<\/strong><\/p>\n\n\n\n During the “Capital, Confidence and Growth: Banking and Tourism” forum, the participating authorities agreed that tourism has evolved into a transversal axis of the Dominican economy, with a proven capacity to boost various productive activities and generate development opportunities nationwide.<\/p>\n\n\n\n On that note, the Minister of Tourism, David Collado, stressed the importance of trust as a central element in positioning the country as a regional leader.<\/p>\n\n\n\n “The Dominican Republic is experiencing one of its best tourist moments thanks to trust. Confidence from investors, banks, airlines and, above all, from the millions of visitors who choose us. This record growth in arrivals, connectivity and occupancy is the result of a shared vision between the public and private sectors, which has made tourism the main engine of our economy,” Collado said.<\/p>\n\n\n\n Collado also highlighted the transcendental role played by the Dominican multiple banks during the pandemic, highlighting their ability to support the tourism sector in one of the most complex times, contributing to its recovery and stability.<\/p>\n\n\n\n Meanwhile, the general advisor of the Superintendency of Banks, Enmanuel Cede\u00f1o, reported that tourism delinquencies were only 0.3% at the end of March 2026, one of the lowest in the entire banking portfolio.<\/p>\n\n\n\n He indicated that at the end of 2025, non-bank financing to the tourism sector, channeled through closed investment funds, reached US$1,231 million, equivalent to about 66% of the bank loan portfolio to the sector. “Tourism is one of the great engines of the economy, and bank financing is one of its fuels,” he said.<\/p>\n\n\n\n The event was also attended by the Technical Deputy Minister of Tourism, Jacqueline Mora, who spoke about the dimension of the Dominican tourism market, with significant increases in its impact on GDP (18%), the number of visitors to the country, the tourist offer, hotel rooms and investment in the financial sector.<\/p>\n","protected":false},"excerpt":{"rendered":" Tourism delinquency is only 0.3%, and non-bank financing reached US$1,231 million, showing tourism as an economic engine with bank backing, reported Enmanuel Cede\u00f1o. The sustained growth of the tourism sector, reflected in the increase in visitors, the creation of jobs…<\/p>\n","protected":false},"author":9,"featured_media":12293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-12295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"\n