The purpose of this research is to provide readers with an initial understanding of the future of the retail banking, insurance, brokerage, & investment management industries in Dominican Republic, which provides geographical proximity but also challenges for United States financial services firms, including a different language, different currency, & different laws. In short, this research defines the future of financial services in Dominican Republic and compares these findings to those of the United States in order to provide readers with some perspective. Dominican Republic has trends parallel to those in the United States, but also many fundamental market differences. This research is part of Tiburon's coverage of the Latin America Markets.
The research starts with an explanation of the market history of Dominican Republic, including these phases:
The research summarizes the growth of Dominican Republic, and ranks both the leading sub-markets and the leading financial services firms.
The research addresses the four traditional financial services businesses, including:
And the research makes several predictions for Dominican Republic, including: