The entity reiterates its commitment to the economic growth of the sector by providing tools that promote foreign investment in the country and sustainable tourism.
Santo Domingo. With the objective of promoting responsible banking and contributing to the strengthening of tourism investment in the Dominican Republic, Banco BHD will hold the BHD Forum: Tourism and Investment in Madrid, Spain, with the theme “Sustainable tourism. Current situation, perspective, mitigants and best practices.
The activity, which will take place on Tuesday, January 23, 2024, will be attended by David Collado, Minister of Tourism; Juan Bolívar Díaz, ambassador of the Dominican Republic to the Kingdom of Spain and Steven Puig, president of Banco BHD. It will be moderated by Luis Molina Maríñez, senior vice president of Corporate and Business Banking of the entity.
The BHD Forum will feature presentations by Jacqueline Mora, technical vice minister of the Ministry of Tourism, and Bernardo Fuentes, vice president of Economic Studies of Banco BHD. Likewise, a panel will be held with local and international experts Haydee Kuret de Rainieri, from Grupo Puntacana; José Luis Jiménez, Investment Director of MAPFRE, Spain; Felipe Buhigas, corporate commercial and marketing director of the Solunion company; and David Llibre, president of Asonahores.
When announcing the forum, Molina Maríñez expressed that “tourism is a great enhancer of development in communities and, consequently, of the country. Hence our interest in establishing a space for conversation about the best sustainability practices in the industry that in turn translate into progress for the companies that make it up.”
The day after the forum, the BHD will be participating in the International Tourism Fair (FITUR) that will be held from January 24 to 28 with the presence of a delegation led by Steven Puig, president of the BHD.
Molina Maríñez highlighted the management of the Ministry of Tourism to promote the Dominican Republic in this important global fair and promote the development of the tourism industry in our country.
During FITUR, considered a global meeting point for the Ibero-American tourism industry, the BHD will present a robust proposal for participating companies, which includes the presence of specialized executives to offer advice and financing.
“Our value proposition for tourism projects is aimed at offering a financial service of excellence. In this sense, we have loan structuring services, administration of syndicated loans, sale and leaseback, resource management in the capital market, mergers and acquisitions,” highlighted Molina Maríñez.
These services are offered by a team of experts from Banco BHD in structuring financing in the sectors of tourism and related services, mass consumption and commerce, infrastructure and construction, manufacturing and agriculture, financial institutions, government and the social sector.
Constant support for tourism
For more than 15 years, Banco BHD has had an exclusive unit focused on tourism within its Corporate and Business Banking, with a team made up of specialists in the sector and with national coverage.
In 2023 alone, BHD’s tourism sector portfolio grew by 47%, and several emblematic financing agreements and transactions were closed, such as the “All Inclusive” Punta Cana, the Courtyard by Marriott Santo Domingo in Piantini and the Tryp by Wyndham. Punta Cana Airport. “BHD Bank is working on credit operations that will provide the country with investments of over 500 million dollars,” said Molina Mariñez.f