Bank's Net Interest Margin for Dominican Republic
DDEI01DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.09
Year-over-Year Change
-35.19%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Net Interest Margin for the Dominican Republic measures the difference between the interest income and interest expenses of banks, relative to their total assets. This metric provides insights into the profitability and efficiency of the Dominican banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Bank's Net Interest Margin represents the net earnings of banks from their lending and deposit-taking activities. It is a key indicator of the financial health and competitiveness of the banking industry in the Dominican Republic. Economists and policymakers monitor this trend to assess the stability and intermediation capacity of the country's financial system.
Methodology
The data is collected and calculated by the World Bank based on reports from Dominican financial institutions.
Historical Context
Policymakers use this metric to evaluate the effectiveness of monetary and regulatory policies in supporting a profitable and efficient banking sector.
Key Facts
- The Dominican Republic's bank net interest margin was 5.58% in 2020.
- The margin has declined from a high of 6.84% in 2015.
- Lower net interest margins can indicate increased competition in the banking sector.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin measures the difference between the interest income and interest expenses of banks in the Dominican Republic, relative to their total assets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the profitability and efficiency of the Dominican banking sector, which is crucial for evaluating the stability and intermediation capacity of the country's financial system.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from Dominican financial institutions.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the effectiveness of monetary and regulatory policies in supporting a profitable and efficient banking sector in the Dominican Republic.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and availability from the World Bank and Dominican financial institutions.
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Citation
U.S. Federal Reserve, Bank's Net Interest Margin for Dominican Republic (DDEI01DOA156NWDB), retrieved from FRED.