Dominican Republic · Financial institution
Banco de Reservas de la Republica Dominicana
Legal name in the LEI recordBANCO DE RESERVAS DE LA REPUBLICA DOMINICANA BANCO DE SERVICIOS MULTIPLES, S.A.
Banco de Reservas de la República Dominicana - Banco Múltiple, S. A. (Banreservas) is a state-owned multiple bank with its head office in Santo Domingo. The Dominican State is its sole shareholder. The Minister of Finance and Economy chairs its Board of Directors ex officio. It offers personal, SME, corporate, government and international banking, and it owns subsidiaries in insurance, pensions, trust services, investment and real estate. The bank was founded in 1941 and has been governed by Law 13-24 since May 2024.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BRRDDOSDXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BRRDDOSD directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 1 branch code
- BIC first registered
- 1992-11-05
- Last updated
- 2026-08-21
Overview
Researched 29 Sep 2026 · Sources
Ownership
State-owned
100% Dominican Republic (the Dominican State)
Institution type
Commercial bank
Trades as Banreservas
- Standing
- Law 13-24 came into force in May 2024 and gave the bank the name Banco de Reservas de la República Dominicana – Banco Múltiple. The bank's LEI record still shows its earlier name, and the LEI registration has lapsed.
- Ownership
- Under Law 13-24, the Dominican State is the sole shareholder and holds 100% of the bank.
- Direct parent
- Dominican Republic (the Dominican State), Dominican Republic 100%
- Major shareholder
- Dominican State 100%
- Head office
- Avenida Winston Churchill esquina Porfirio Herrera, Torre Banreservas, Ensanche Piantini, Santo Domingo, Distrito Nacional, Dominican Republic
- Company register
- Superintendencia de Bancos register H-001-1-00-0101; RNC 4-01-01006-2
- Former name
- BANCO DE RESERVAS DE LA REPUBLICA DOMINICANA BANCO DE SERVICIOS MULTIPLES, S.A.
Business lines
The bank serves personal, preferred, SME, corporate and government customers, and runs international business for the diaspora and foreign trade.
Online
- Websites & references
- banreservas.com ↗
banreservas.com.do ↗ online banking domain (TuBanco Personas and TuBanco Empresas)
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 13 pages consulted
- banreservas.com/sobre-nosotros/principales-ejecutivos/
- banreservas.com/sobre-nosotros/consejo-de-directores/
- banreservas.com/empresarial/negocios-internacionales/transferencias-internacionales/
- banreservas.com/sobre-nosotros/informes-financieros/
- banreservas.com/sobre-nosotros/informes-financieros/informes-financieros-2026/
- cdnebrpeastus.azureedge.net/banreservas/media/brxlfq5v/estados-financieros-junio-2026.pdf
- sb.gob.do/supervisados/entidades-de-intermediacion-financiera/banreservas/
- banreservas.com/articulos/entra-en-vigor-nueva-ley-organica-del-banco-de-reservas/
- banreservas.com/articulos/vicepresidenta-juramenta-a-leonardo-aguilera-como-presidente-ejecutivo-de-banre
- listindiario.com/la-republica/20250817/leonardo-aguilera-sera-nuevo-presidente-banreservas_870596.html
- diariolibre.com/economia/negocios/2025/12/23/banreservas-destaca-su-estabilidad-y-fortaleza/3385748
- diariolibre.com/economia/finanzas/2026/04/07/soriano-es-designado-vicepresidente-de-comunicaciones-en-ban
- es.wikipedia.org/wiki/BanReservas
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Leonardo Aguilera Batista Presidente Ejecutivo
- Chair
-
Magín Javier Díaz Domingo
Ministro de Hacienda y Economía - Presidente ex oficio del Consejo de Directores
- Executive
-
Fernando Mir
Vicepresidente Ejecutivo Sénior de Estrategia - Finanzas e Inteligencia Comercial
- Executive
-
Heiromy Castro
Vicepresidente de Cumplimiento
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Dominican Republic
- Superintendency of Banks of the Dominican Republic (Superintendencia de Bancos) Prudential supervisorAML supervisorConduct
- Dominican Republic
- Monetary Board (Junta Monetaria) Other
- Dominican Republic
- Central Bank of the Dominican Republic Central bank
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Central Bank of the Dominican Republic issued a statement on the bank's financial position after rumours about it circulated on social media.
diariolibre.com ↗ -
Leadership
The President of the Republic appointed Leonardo Aguilera Batista executive president by Decree 461-25, replacing Samuel Pereyra.
listindiario.com ↗ -
Other
The Executive promulgated Law 13-24, which renamed the bank Banco Múltiple and placed it under the regime applicable to multiple banks.
banreservas.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BRRDDOSDXXX
- How the BIC breaks down
- BRRDBank
- DOCountry · Dominican Republic
- SDLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300CKQT0JZ2EGNC56
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Dominican Republic · Latin America & Caribbean
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- AVE. WINSTON CHURCHILL SANTO DOMINGO DOMINICAN REPUBLIC
- Operational address
- AVENIDA WINSTON CHURCHILL ESQUINA PORFIRIO HERRERA SANTO DOMINGO N/ A SANTO DOMINGO DOMINICAN REPUBLIC
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BRRDDOSDXXX</BICFI>
<LEI>549300CKQT0JZ2EGNC56</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BRRDDOSDXXX</BICFI>
<LEI>549300CKQT0JZ2EGNC56</LEI>
<Nm>BANCO DE RESERVAS DE LA REPUBLICA DOMINICANA</Nm>
<PstlAdr>
<TwnNm>SANTO DOMINGO</TwnNm>
<Ctry>DO</Ctry>
<AdrLine>AVE. WINSTON CHURCHILL SANTO DOMINGO</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
One branch BIC connects to the head office. The bank publishes 18 accounts at other banks, across 3 regions.
- Own offices
- Correspondent banks: it holds accounts there
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
18 accounts at other banks, in 7 currencies, as the bank publishes them: banreservas.com ↗
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| USD | Citibank, N.A., New York United States | CITIUS33 | 10923714 | Matches the Swift directory |
| USD | JP Morgan Chase Bank, N.Y. United States | CHASUS33 | 753999002 | Matches the Swift directory |
| USD | Bank of America,Miami United States | BOFAUS3M | 1901933454 | Matches the Swift directory |
| USD | Wells Fargo Bank, N.Y. United States | PNBPUS3NNYC | 2000192334022 | Matches the Swift directory |
| USD | Deutsche Bank, Miami United States | BKTRUS33 | 04453824 | Matches the Swift directory |
| USD | Bank of New York Mellon, N.Y. United States | IRVTUS3N | 8901340022 | Matches the Swift directory |
| EUR | Caixa Bank, Barcelona Spain | CAIXESBB | ES6321000566510900064721 | Directory name differs CAIXABANK, S.A. |
| EUR | Commerzbank AG Franfurt Germany | COBADEFF | 400872558200 | Matches the Swift directory |
| EUR | Unicredito Italiano, Italia Italy | UNCRITMM | 0995237 | Directory name differs UNICREDIT S.P.A. |
| EUR | Deutsche Bank, Frankfurt Germany | DEUTDEFF | 5007001095918190000 | Matches the Swift directory |
| EUR | Citibank, Londres United Kingdom | CITIGB2L | 13663256 | Matches the Swift directory |
| EUR | Bankinter, España Spain | BKBKESMMXXX | ES1101280005400170000122 | Matches the Swift directory |
| EUR | Banco Santander, S.A., Madrid Spain | BSCHESMMXXX | ES3400495494822110456083 | Matches the Swift directory |
| GBP | Deutsche Bank, Frankfurt Germany | DEUTDEFF | 1009591819GBP | Matches the Swift directory |
| CAD | Deutsche Bank, Frankfurt Germany | DEUTDEFF | 1009591819CAD | Matches the Swift directory |
| SEK | Deutsche Bank, Frankfurt Germany | DEUTDEFF | 1009591819SEK | Matches the Swift directory |
| CHF | Deutsche Bank, Frankfurt Germany | DEUTDEFF | 1009591819CHF | Matches the Swift directory |
| CNY | Bank of China, Beijing China | BKCHCNBJ110 | 333762448411 | Matches the Swift directory |
These are account tables on the bank's International Transfers product page, grouped as USD accounts (with ABA routing numbers), EUR accounts and other currencies. All 18 rows were extracted as published, including the BIC printed for Wells Fargo (PNBPUS3NNYC) and for Deutsche Bank, Miami (BKTRUS33). The page shows no date. The page states that transfers are routed through the bank's network of correspondent banks abroad. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BRRDDOSDSPI | — | Santo Domingo | AVENIDA WINSTON CHURCHILL ESQUINA PORFIRIO HERRERA SANTO DOMINGO N/ A SANTO DOMINGO DOMINICAN REPUBLIC | — | 2026-09-05 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: banreservas.com (official website) · original; Magín Javier Díaz Domingo: banreservas.com (official website) · original; Fernando Mir: banreservas.com (official website) · original; Heiromy Castro: banreservas.com (official website) · original.
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