The Superintendency of Banks enhances its SIMBAD platform with new financial tools
The Superintendency of Banks (SB) has taken a significant step toward transparency and financial education by updating its digital platform with cutting-edge tools. These innovations are designed so that Dominican users can make smarter and more strategic decisions when contracting banking products.
Detailed analysis of credit rates and terms
One of the most notable additions is an interactive dashboard that allows for the breakdown of interest rates on loans recently disbursed in the country. This functionality offers a precise X-ray of the financial system, allowing interested parties to filter data under various criteria:
- Financial entity.
- Type of financing or portfolio.
- Terms and amounts.
- Currency and economic sector.
Likewise, the platform presents an optimized methodology for the credit card cost index, making it easier for users to effectively compare the options available in the local market.
The main objective is to provide citizens with interactive and simple resources so that the choice of financial products is aligned with their real needs and economic capabilities.
Alofoke DeportesNew indicators and improved navigation
Among the new features, the Financial Conditions Index (FCI) is introduced, a key indicator that allows for observing the evolution of the national financial environment in relation to general economic activity. This improvement is complemented by a complete renovation of the navigation menu on the SIMBAD platform, which is now much more intuitive for researchers, journalists, and the general public.
The update includes:
- Advanced visualizations and interactive indicators.
- Detailed comparisons by region, gender, and entity type.
- Historical tracking of assets, liabilities, and profitability levels.
- Updated data on financial inclusion.
All this information is available for free and open to the entire population through the official portal simbad.sb.gob.do, consolidating this platform as an essential tool for the transparency of the banking sector in the Dominican Republic.
