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Dominican Republic

Citi facilitates social trade loans to support SME growth...

Citi, a financial institution with a 62-year presence in the Dominican Republic, has structured two loans to facilitate local trade and working capital activities under Citi's Social Finance strategy. The loans, provided to Banco Popular Dominicano and Banco Santa Cruz,...

#SME lending#working capital

Banreservas launches ‘Government factoring’

Along a new promotion of "Cover your credit invoices first", Banreservas launches Government factoring ("Factoring Gubernamental Reservas"), an instrument to support…

#bank#international#invoice


Dominican Republic’s government launches SCF program for state suppliers

The Dominican Republic Banreservas informed that the program ‘Factoring Gubernamental Reservas’ is... (more…)

#bank#digital#e-factoring


Man sentenced for defrauding investors over factoring companies

More than 30 filed claims after investing over 65 million pesos (more…)

#interest#investment#investments


Newly-reorganised bank to introduce export factoring

The National Development Bank of Housing will be reorganised to support Dominican exporters. (more…)


FAI urges monetary authorities to finance factoring operations

The Federation of Industrial Associations (FAI) has urged monetary authorities to speed up the approval process for banks to finance…


IFC agrees deal with La Nacional to increase access...

The International Finance Corporation (IFC) has announced a cooperation agreement with Asociación La Nacional to strengthen its risk management and…


Dominican greenhouse producers demand factoring

President Greenhouse Cluster says agricultura industry requires factoring to attract buyers. (more…)

#bank#interest#interest rates


School breakfast bakeries to receive 100m pesos through factoring

The Dominican Republic s government funds school breakfast suppliers. (more…)


‘Factoring…to become a reality’

Danilo Medina s brother-in-arms assures the presidential candidate will channel more then USD300 million to MSMEs. (more…)

#channel#funding#guarantee


Presidential candidate makes factoring a part of his agenda

Pelegrin Castillo, candidate to presidency of Dominican Republic sees factoring as an important tool for agricultural sector. (more…)


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