Asociación Cibao de Ahorros y Préstamos

General Information

Company Name

Founded Year

1962

Location (Offices)

Dominican Republic +1

Founders / Decision Makers

Number of Employees

531

Industries

Financial Services, Lending and Investments, Payments +1

Funding Stage

Social Media

Asociación Cibao de Ahorros y Préstamos - Company Profile

Asociación Cibao de Ahorros y Préstamos is a financial institution founded in 1962 in Santiago de los Caballeros, Dominican Republic. The institution, also known as ACAP, focuses on meeting the housing needs of the Cibao region, particularly Santiago, through its housing finance and Economic Support Program for Service Institutions. With 55 branches and 60 ATMs across the country, ACAP offers a wide range of financial solutions, including savings and investment products, loans, credit cards, insurance, currency exchange, and online/mobile banking services.

Despite the lack of specific headquarters or recent investment information, ACAP's long-standing presence and commitment to the well-being of its customers in the Dominican Republic's key economic centers make it a significant player in the financial services, lending, and banking sectors.

With its deep roots in the local community and a comprehensive portfolio of offerings, ACAP presents itself as a potential investment opportunity for venture capital firms seeking exposure to the Dominican Republic's financial services industry.

Taxonomy: mutualista, financiamiento de viviendas, servicios financieros, ahorros e inversiones, préstamos, tarjetas de crédito, banca seguros, compra y venta de divisas, transferencias internacionales, Internet Banking, Móvil Banking, cajeros automáticos, red de sucursales, desarrollo económico, bienestar social