Industrial credit slows down: share falls, defaults rise, and rates rise

Dominican industry, one of the pillars of the economy, has begun to feel the brunt of the tighter financial environment. As of December 2024, the credit portfolio allocated to this sector showed clear signs of cooling: fewer loans, more delinquencies, higher interest rates, and a lower participation in the national financial system. According to the most recent report from the Superintendency of Banks, industrial credit closed the year with a to…