The project will be financed through a capital investment made by Banco Popular.
Evertec CEO Mac Schuessler confirmed the company’s plans in a call with industry analysts to discuss its first quarter results.
First quarter results included $11.3 million in merger and restructuring in connection the bank's acquisition of Banco Santander.
The sector generates 16,533 direct, indirect, and induced jobs, representing a combined payroll of $500 million.
The allocation will benefit at least 84 participants in the towns of Arecibo, Aguas Buenas, San Juan, and Carolina.
OFG CEO José Rafael Fernández said the financial institution had a “solid quarter."
Activity on a Reddit message board created by consumers in Puerto Rico has been picking up in recent weeks.
The EDA has made several major grant allocations in Puerto Rico after the 2017 hurricanes.
AWS will invest in the local market by hiring engineers, network specialists, account managers, and other roles.
The latest phase of a pilot program that began in August 2021 started at two agencies.
The maritime shipping company has seen an uptick in heavy machinery coming from Florida.
The firm works with several clients across sectors, including banking, financial services, entertainment, and tourism.
The report shows that 62%, or 597 of the accrued filings, fall under the Chapter 13 category.
According to the latest numbers, 918,236 people used the LMM last month, up when compared to the 821,110 on record for March 2019.
The property's owners listed extensive damages to the site and the interior of the Isla Verde hotel.
NIMB ON SOCIAL MEDIA