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Related party transactions
 9 Months Ended
Sep. 30, 2025
Related Party Transactions  
Related Party Transactions
Note 20 – Related party transactions
 
Centro Financiero BHD, S.A.
At September
 
30, 2025,
 
the Corporation
 
had a
15.63
% equity
 
interest in
 
Centro Financiero BHD,
 
S.A. (“BHD”),
 
one of
 
the largest
banking
 
and
 
financial
 
services
 
groups
 
in
 
the
 
Dominican
 
Republic.
 
During
 
the
 
nine
 
months
 
ended
 
September
 
30,
 
2025,
 
the
Corporation recorded $
17.0
 
million in
 
equity pickup (September
 
30, 2024
 
- $
29.6
 
million), including the
 
net impact
 
of $
33.8
 
million
from net
 
earnings (September
 
30, 2024
 
- $
31.5
 
million), offset
 
by ($
16.8
) million
 
recorded through
 
Other Comprehensive
 
Income
(September 30, 2024
 
- ($
1.9
) million) related
 
to foreign currency
 
translation adjustments and
 
changes in the
 
fair value
 
of available
for sale
 
securities. At September
 
30, 2025,
 
the investment
 
in BHD had
 
a carrying
 
amount of
 
$
236.5
 
million (December
 
31, 2024 -
$
239.5
 
million) and the Corporation received $
20
 
million in cash dividend distributions during the nine months ended September 30,
2025 (September 30, 2024 - $
19.4
 
million).