Doral Bank continues to increase its operations in commercial banking and now has thirty-seven full-service branches, making it the fastest growing banking institution in Puerto Rico. Doral Bank finished 2003 with $6,726 million in assets, $2,730 million in deposits, and $400 million in capital.

Doral Bank assures its excellence in the offering of its products and services. Our direction is guided towards obtaining new challenges and opportunities.

Doral Bank is an institution that is affiliated with Doral Financial Corporation, a member of the New York Stock Exchange (NYSE: DRL). Doral Financial Corporation is an entity that specializes in providing consumers with the most complete financial services. With more than thirty years offering mortgage loans to consumers, the company occupies a solid position in the mortgage lending industry.

Doral Financial Corporation’s institutional mission is to serve a diverse and growing market in Puerto Rico and the U.S. mainland with superior service and competitive financial products that facilitate:

Individual home ownership and residential and commercial real estate development through our mortgage banking units and retail banking subsidiaries.

Savings, the accumulation of wealth and the availability of consumer and commercial credit through our retail banks.

Investments that meet the financial needs of corporate and institutional clients in the public and private sectors through, Doral Securities, our NASD-licensed broker-dealer subsidiary.

Protection of assets by providing insurance products through Doral Insurance Agency, Inc., our insurance agency subsidiary.