IFC and Banreservas Partner to Strengthen Trade Finance in the Dominican Republic

Santo Domingo, Dominican Republic, November 10, 2026 – The International Finance Corporation (IFC), a member of the World Bank Group, and Banreservas, the Dominican Republic’s leading commercial bank, announced a strategic agreement to strengthen trade finance in the country. The initiative will help boost economic activity, expand business opportunities, and create jobs.

As part of the agreement, IFC will provide a credit line of up to US$100 million to support Banreservas’ trade finance portfolio. The financing will increase access to funding for the bank’s clients, particularly small and medium-sized enterprises (SMEs), enabling them to import and export goods and services and integrate into international markets.

“This partnership strengthens our ability to support Dominican productive sectors in their international operations and opens new opportunities for more businesses to compete, grow, and access global markets,” said Leonardo Aguilera, Executive President of Banreservas.

“We are pleased to join forces with Banreservas to boost foreign trade, empower SMEs, and create more jobs in the Dominican Republic,” said Carolina Rendón, World Bank Group Representative in the Dominican Republic.

Through this partnership, Banreservas joins IFC’s Global Trade Finance Program (GTFP), which is designed to mitigate risks in emerging markets through guarantees for trade-related transactions. Since its launch, the program has provided US$141 billion in trade finance support across more than 100 emerging markets.