{"id":2622,"date":"2014-01-31T08:29:12","date_gmt":"2014-01-31T08:29:12","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/?p=2622"},"modified":"2017-05-17T07:37:03","modified_gmt":"2017-05-17T07:37:03","slug":"banco-adopem-otorga-mas-del-60-de-los-microcreditos-del-sistema-financiero-nacional-2","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/banco-adopem-otorga-mas-del-60-de-los-microcreditos-del-sistema-financiero-nacional-2\/","title":{"rendered":"Banco ADOPEM grants over 60% of the microcredits in the national financial system"},"content":{"rendered":"

Banco ADOPEM’s client portfolio saw growth of over 20%, and over 300,000 low income people in the Dominican Republic made use of its products and services.<\/strong><\/p>\n

Banco ADOPEM granted 63.7% of the loans made to microbusinesses in the whole of the national financial system, and currently has a total of 178,354 loans on its books.<\/p>\n

Mercedes Canalda de Beras-Goico reported that the gross credit portfolio rose to over DR $3.5 billion, exceeding the levels reached in the same period in 2012 by over DR $600 billion. This growth in the portfolio was achieved with quality indicators, as 97.6% of the portfolio is in category A and 2.39% in pending and defaulted loans, with coverage for these loans in the pending portfolio of 165%.<\/p>\n

\"Fotograf\u00eda

Mercedes Canalda, Banco Adopem<\/p><\/div>\n

The bank’s executive said that total assets rose to DR $4.4 billion in December 2013, with productive assets representing 91.16% of this total.<\/p>\n

She explained that the total amount of capital raised was DR $1.937 billion, with financial certificates representing 77% and savings deposits 23%. Compared to 2012, the total capital raised showed an increase of 32%, placing Banco ADOPEM at the head of the national financial system with regard to growth in this category.<\/p>\n","protected":false},"excerpt":{"rendered":"

Banco ADOPEM’s client portfolio saw growth of over 20%, and over 300,000 low income people in the Dominican Republic made use of its products and… Read more »<\/a><\/p>\n","protected":false},"author":13,"featured_media":8192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[804],"tags":[879,880,153,769],"class_list":["post-2622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-activity-results","tag-crecimiento-en","tag-cartera-de-prestamos-en","tag-mercedes-canalda-de-beras-goico","tag-mercedes-canalda-de-beras-goico-en"],"acf":[],"yoast_head":"\nBanco ADOPEM grants over 60% of the microcredits in the national financial system - Fundaci\u00f3n Microfinanzas BBVA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/banco-adopem-otorga-mas-del-60-de-los-microcreditos-del-sistema-financiero-nacional-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banco ADOPEM grants over 60% of the microcredits in the national financial system - Fundaci\u00f3n Microfinanzas BBVA\" \/>\n<meta property=\"og:description\" content=\"Banco ADOPEM’s client portfolio saw growth of over 20%, and over 300,000 low income people in the Dominican Republic made use of its products and... 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