Company Information

Get to know Asociacion Popular de Ahorros y Prestamos

Founded in 1962, Asociacion Popular de Ahorros y Prestamos (APAP) was the first mutualist institution in the Dominican Republic. Its mission is to promote savings to finance the purchase, construction, and improvement of family homes. Over the decades, it has evolved into a major financial entity offering a wide range of personal and business banking services, including savings accounts, personal and mortgage loans, credit cards, and investment products, while maintaining its focus on social responsibility and financial well-being for its members and clients.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

Contact

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Asociacion Popular de Ahorros y Prestamos

Dominican Republic

Founded in

1962 (64 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

3/10

Reviews

39/90

1 review

Provided by TrustFinance

OVERALL SCORE

Others

3/10

Reviews

39/90

1 review

Provided by TrustFinance

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.