All posts in Banking

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

Oriental launches commercial credit online platform for SME’s
June 5, 2018, No Comments

Oriental Bank has launched a new digital platform that seeks to make it “fast and easy” for small and medium-sized P ...

Popular announces early termination of FDIC Shared-Loss Agreements
May 24, 2018, No Comments

Popular Inc. announced that, on May 22, its subsidiary Banco Popular entered into a Termination Agreement with the Feder ...

First BanCorp. reports $33.1M in 1Q18 net income
April 28, 2018, No Comments

First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $33.1 million for the first q ...

Popular Inc. CEO: P.R. has ‘unique opportunity’ to tackle long-standing problems
April 25, 2018, No Comments

Puerto Rico, which has been facing long-standing structural problems now has a “unique opportunity” to tackle them, ...

OFG CEO: Gov’t, OBoard clash over Fiscal Plan could choke federal fund flow
April 23, 2018, No Comments

The clash between Gov. Ricardo Rosselló’s administration and the Financial Oversight and Management Board for Puerto ...

Santander Securities Puerto Rico office to close May 25
April 5, 2018, No Comments

This week, Santander Securities LLC (SSLLC), the investment division of Banco Santander, sent a letter to its clients in ...

FirstBank focuses on growing deposits, expanding technology
March 15, 2018, No Comments

In a market where population is steadily declining, the economy has contracted and the fiscal situation has been in a do ...

ATH Móvil reaches 1M users since launching 4 years ago
February 27, 2018, No Comments

Evertec and ATH announced that their ATH Móvil service has reached one million users since its inception four years ago ...

FHA expands foreclosure relief for victims of ’17 disasters
February 23, 2018, No Comments

The Federal Housing Administration (FHA) announced expanded mortgage relief to FHA-insured homeowners who live or work i ...

EVERTEC reports 2% revenue drop in 4Q17
February 22, 2018, No Comments

EVERTEC Inc. announced results for the fourth quarter and full year ended Dec. 31, 2017, reflecting a 2 percent revenue ...