Economist Juan Ariel Jiménez states the national financial system is healthy

Economist Juan Ariel Jiménez clarified that the indicators of the Dominican financial system are at healthy levels, a reality reflected in the Banco de Reservas as the main banking entity in the country.

"I have reviewed Banreservas' financial statements and there is nothing that leads me to think that the Bank has problems or that it has difficulties in honoring its commitment. Not at all," he emphasized.

Jiménez described the Banco de Reservas as a solid banking entity over the years, whose assets far exceed liabilities, and with a credit rating that reflects its health. "I would have no worries with the Banco de Reservas," he reiterated.

From Juan Ariel's perspective, the financial system indicators show solvency and liquidity levels that reflect its health, as established by the Superintendency of Banks and international rating institutions, in addition to being a conservative banking system.

The former minister valued that the media has exaggerated, as his initial statements corresponded to an analysis of the 2024 states of small entities that show lower yields, which do not represent financial risks for the Dominican Republic.

"The right thing to do is to point it out. The good thing about democracy is that it allows for these types of discussions that help correct what is being done," said Juan Ariel when contacted by the hosts of the program Despierta con la X, from the radio station La X 102.1 FM.

Faced with videos that question the solvency of the Banco de Reservas and the country, he recalled that the Dominican monetary and financial law establishes sanctions for those who issue false information about the national financial health and that of entities in the sector.

Jiménez urged those who report irregular charges in their bank accounts to go to the Superintendency of Banks in the user protection section and to dissociate the idea that these reports indicate the deterioration of a banking entity.

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