All posts in Banking

Puerto Rico’s vibrant and internationally recognized banking systems continuously strive for stability and growth.

First BanCorp reports $28M in net income for 2Q17
July 31, 2017, No Comments

First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared t ...

Popular reports $96.2M in 2Q17 income
July 27, 2017, No Comments

Popular Inc. reported a net income of $96.2 million for the quarter ended June 30, 2017, up .08 percent compared to a ne ...

Oriental: Uncertainty looms about PR debt restructuring
July 24, 2017, No Comments

Upon releasing second quarter results, Oriental Financial Group President José Rafael Fernández said despite solid per ...

Popular launches effort to boost personal loans
July 13, 2017, No Comments

With the goal of offering customers a solution to their current financial situation, Popular announced the start of its ...

J.C. Flowers completes acquisition of Island Finance
July 5, 2017, No Comments

Funds advised by J.C. Flowers & Co. LLC and affiliates announced the closing of the acquisition of the personal loan and ...

Popular unveils new way to send and withdraw cash
June 16, 2017, No Comments

Banco Popular on Thursday unveiled a new tool through which clients can send cash to other people even if they do not ha ...

Evertec launches ATH Móvil for Business service
June 14, 2017, No Comments

ATH and electronic transaction processing company Evertec announced Tuesday the launch of ATH Móvil Business, a service ...

Evertec gets OK to buy Chile’s PayGroup for $40M
June 6, 2017, No Comments

Evertec Inc. announced Monday that on June 1, 2017 it received U.S. federal bank regulatory approval to buy EFT Group S. ...

3rd call of ‘StartUp Popular’ program deadline is May 31
May 23, 2017, No Comments

Those looking to participate in the third edition have until May 31 to submit their proposals, Banco Popular executives ...

FirstBank opens ‘Platinum Banking’ branch in Condado
May 18, 2017, No Comments

Looking to cater to that high-net worth segment of Puerto Rico’s population who typically expect distinctive banking s ...