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30.63% Increase in Credit Portfolio and First Rating for Peravia Association on its 60th Anniversary

The Peravia Association reported that its credit portfolio increased 30.63% reaching an amount of RD$ 2,470.50 million in 2022, within the framework of its 60th anniversary celebration.

Likewise, he explained that at the end of last year, profits before taxes amounted to RD$81.2 million, while assets stood at RD$3,990.5 million, with an increase of 5.7%, while his equity stood at RD$596.5 million.

Regarding delinquency levels for the referred year, they ended at 1.14%.

This management, indicates a press document, earned it the first rating by the Pacific Credit Rating firm, obtaining financial strength at BBB with a stable outlook.

Birthday

“In 1963, when Baní was a small town of barely 15,000 inhabitants with economic performance limited to few activities, a group of progressive people headed by Dr. Luis Armando Cruz Peña made a call to form a financial institution,” recalled Ramón Custodio, president of the board of directors of Asociación Peravia, in his speech.

Wellington Alvarez, Marisol Franjul, Ramon Custodio, Pure Conception, Manuel Guerrero and Luis Manuel Guerrero – External source.

During the activity, the board of directors was recognized, made up of Luis Manuel Guerrero Mejía, Wellington Álvarez Percel, Manuel Guerrero Sánchez, Marisol Franjul Pimentel and Purisima Romero González.

2023-07-23 16:05:21
#Asociación #Peravias #credit #portfolio #reaches #RD2470 #million

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