Company Information

Get to know Central Bank of the Dominican Republic

The Central Bank of the Dominican Republic was established on October 9, 1947, in accordance with Organic Law no. 1529. Its primary mission is to maintain price stability, ensure the proper functioning of the payment systems, and regulate the nation's financial and monetary system. The bank executes monetary and exchange policies, issues the Dominican Peso (DOP), acts as the banker for the government, and manages the country's international reserves to support the stability and growth of the Dominican economy.

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Central Bank of the Dominican Republic

Dominican Republic

Founded in

09 Th10 1947 (78 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.