Bandex
Last updated on 16 Feb 2024

Key facts


Development bank and export credit agency of the Dominican Republic.

Av. Tiradentes, 53
Santo Domingo 10124
Dominican Republic

+1 809 565 6621

www.bandex.com.do
PUBLIC
2015
Credit rating (sovereign) (Fitch)
BB-
BB-
Foreign currency
Local currency

Country trade data


2021 top export sectors

Stone and glass
22%
Food products
18%
Machinery/electrical
11%
Metals
8%
Textiles and clothing
8%

2022 export destinations

Americas

72 %

Europe

18 %

Asia

10 %

Financing modalities


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Products


  • Loans to exporters for the purpose of working capital, purchase of raw materials, equipment, and construction
  • Development loans for the purpose of working capital, purchase of raw materials, equipment, and construction
  • Factoring: Purchase of accounts receivable
  • Special loans for agriculture and construction
  • Certificates of deposit
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