The Dominican Republics largest private bank is on track
to return to its pre-crisis performance levels, having
weathered the global downturn buoyed by a reputation as a safe
haven in the local market.
The Dominican Republic - Best Bank – Banco Popular
In spite of the fact that the world economy has gone through
one of its weakest moments, Banco Popular has been able to
maintain its growth in market participation and
Banco Popular posted a ROAA of 2.3% in June 2011, up from
2.25% a year earlier. The figure placed Popular well ahead of
the markets 2.07% ROAA for the period and near its
four-year average of 2.32%, Fitch notes....
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