Banesco Multiple Bank SMEs Plan Will Bolster Small and Medium-Sized Enterprises in the Dominican Republic


The banking establishment seeks to help entrepreneurs and the new business ideas to thrive.

Recently, Banesco Multiple Bank presented its new SMEs Plan, which has a portfolio of products and services designed with the aim of supporting the growth of small and medium-sized enterprises in the Dominican Republic.

The SMEs plan is based on SME credit lines for working capital and productive loans for the procurement of machinery and work equipment, all under competitive conditions and attractive interest rates.

In that sense, Miguel Ángel Marcano, Chairman of the Board of Directors of Banesco Multiple Bank, claimed: 

We are committed to supporting and accompanying the initiatives of our clients. We know the positive effects of credits within the economy and therefore we continue to bet on the small and medium Dominican enterprise.”

The portfolio of products offered by the SMEs Plan includes “green loans”, through which you can invest in the installation of photovoltaic systems and other energy efficiency equipment; the SMEs current accounts and the Payroll Plan, provides mobility and efficiency to the companies. In addition, there are insurance policies, assistance and complementary services, such as, business credit card and the possibility of making payments to providers through technology platforms as it is BanescOnline.

During its years of presence in the country, Banesco Multiple Bank has positioned itself as a financial institution dedicated to continue expanding its operations, while continuing to offer international quality products with a prominent management in Customer Service.

Currently, Banesco Multiple Bank has 15 branch offices in the Dominican Republic, with presence in three important areas of the country: Santo Domingo, North Zone and East Zone, whereby it serves a portfolio of more than 67,000 clients.

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