[Robert]

Originally Posted by JOKL

Bankreservas...state owned. the rest are just a private club to borrow monies for themselves.All private dominican bank own some extra business, real estate, communications, radios, tv station, etc. Ej Bank leon belong to the family that owns cerveceria, if this place need monies for something, do you think that they will evaluate very accurate the merit for a loan??! not, Baninter had newspaper "intereses", and radio too, Universal used to sell BMW,s , like many others dominican bank before and after them they finaces their own business/proyects .
that Why you don,t get a loan for certain proyect.. because that bank or shareholder have -intereses- there and thay had used the monies for them.

New banking regulations prohibit banks from lending money to their shareholders.