This is a list of banks in Dominican Republic as of November 2010, published by the Bank Superintendency, including credit unions and other financial services companies that offer banking services and may be popularly referred to as "banks".
Central bank
Central Bank of the Dominican Republic
Local banks
The main local banks: Central Bank of the Dominican Republic, Banco Popular Dominicano, Banreservas and Banco BHD Leon contribute more than 60% market share.
Government-owned banks
BanReservas
Commercial banks
Banco Popular Dominicano
Banco BHD (Merged from Banco BHD and Banco Leon) Banco Santa Cruz Banco Caribe Banco BDI Banco Vimenca Banco Lopez de Haro Bancamérica
Foreign banks
Banesco
Scotiabank
Banco Promerica
Savings and credit banks
Banco Atlántico
Banco Bancotuí
Banco BDA
Banco Adopem
Banco Agrícola De La Republica Dominicana
Banco Pyme Bhd
Banco Ademi
Banco Capital
Banco Confisa
Banco De Desarrollo Idecosa
Banco Empire
Banco Motor Credito
Banco Río
Banco Providencial
Banco Del Caribe
Banco Inmobiliario (Banaci) Banco Gruficorp Banco Cofaci Banco Atlas Banco Bonanza Banco Bellbank Banco Fihogar Banco Federal Banco Micro Banco Unión Kneutt F.Bank
Savings and loan associations
Asociación Popular de Ahorros y Préstamos
Asociación Cibao
Asociación Nortena
Asociación Romana
Asociación Higuamo
Asociación La Vega Real
Asociación Duarte
Asociación Barahona
Asociación Maguana
Asociación Mocana
Asociación Bonao
Asociación La Nacional
Asociación Noroestana
Defunct or merged banks
Banco Intercontinental (BANINTER; fell in 2003) Bancrédito (fell in 2003) Banco Mercantil (fell in 2003) Republic Bank (local operations bought by Banco BHD in 2007) Banco Altas Cumbres (local operations bought by Scotiabank in 2008) Banco Peravia; Asociación Peravia (disestablished in 2014)
Automated teller machines
There are 2462 automated teller machine
Bank penetration in Dominican Republic
The bank penetration is approximately 33.7% and the main banks in DR are Banco Popular Dominicano, Banco de Reservas de la Republica Dominicana, Banco BHD.
External links
Bank Superintendency of the Dominican Republic (Superintendencia de Bancos de la República Dominicana) Central Bank of the Dominican Republic (Banco Central de la República Dominicana) Detailed List of all banks in the Dominican Republic (Lista detallada de todos los bancos de la República Dominicana)