50 Years Facilitating Open Account - Trade Finance

National Exports Bank (BANDEX) of the Dominican Republic joins FCI as new Member

Thursday 28 June 2018

FCI is glad to welcome the National Exports Bank (Banco Nacional de las Exportaciones – BANDEX) as its newest Associate Member.

Based in the Dominican Republic BANDEX is a young export bank created on July 17th, 2015 through Law No.126-15. The law transformed the former National Housing and Production Bank (BNV) into the National Exports Bank (BANDEX) as a public mixed equity financial intermediary, with juridical personality and autonomous management, which has the subsidiary and unlimited guarantee of the Dominican State.

BANDEX’s Purpose is “Supporting the country’s export capability by offering financial services to contribute to the development and well-being of Dominican society” while its Mission is to “Offer financial products and services that strengthen the export sector, through innovative and specialized alternatives to boost the exportable supply of the Dominican Republic.”

As shown in our logo, BANDEX is the motor that enables a business to move, propelling it to grow and expand into new markets. The continuous movement of the propellers in our logo represents our aspiration to become a key ally for the export sector.