All posts in Banking

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

Oriental CEO ‘pleased’ PROMESA Board is active
October 24, 2016, No Comments

Oriental Bancorp reported $11.7 million in net income for the third quarter of 2016 ended Sept. 30.

FirstBank adds ATMs, redesigning mobile services
October 6, 2016, No Comments

In the wake of a 17.5 percent growth in ATM transactions during 2015, FirstBank announced Wednesday the expansion of its ...

Popular takes $55M hit after losing appeal in FDIC fight
October 5, 2016, No Comments

Banco Popular de Puerto Rico announced Tuesday that it lost an appeal before a review board deciding over a dispute with ...

OFG Bancorp sells PREPA credit line for $124M
September 21, 2016, No Comments

OFG Bancorp announced Tuesday that its subsidiary Oriental Bank’s outstanding participation in a line of credit to the ...

OCIF: Puerto Rico banks could benefit from fiscal board
September 20, 2016, No Comments

Puerto Rico’s banking sector, which has been weathering the island’s economic storm for the better part of the last ...

Moody’s: PR banks can handle 2 yrs of recession stress
September 9, 2016, No Comments

Three of Puerto Rico’s main banks — Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico — banks ca ...

Popular Community Bank adds branch, services in FL
August 26, 2016, No Comments

Popular Community Bank, a subsidiary of Popular Inc. announced Thursday the opening of a new retail branch in Aventura, ...

Bankers Assoc.: Task Force should review banking rules
August 24, 2016, No Comments

The Puerto Rico Bankers Association will be submitting a set of recommendations to the Congressional Task Force on Econo ...

First BanCorp reports $22M in 2Q16 net income
July 27, 2016, No Comments

First BanCorp, the bank holding company for FirstBank Puerto Rico, on Tuesday reported net income of $22 million for the ...

Popular Inc. earns $89M in 2Q16, banks on PROMESA
July 27, 2016, No Comments

Popular Inc., parent company of Banco Popular, on Tuesday reported net income of $89 million for the quarter ended June ...