Popular Community Bank, a subsidiary of Popular Inc. announced Thursday the opening of a new retail branch in Aventura, Florida, the first high-tech branch unveiled in the area, bank officials said.
The Puerto Rico Bankers Association will be submitting a set of recommendations to the Congressional Task Force on Economic Growth addressing key areas in federal banking regulations that could be eased to benefit the Commonwealth’s economy, Executive Director Zoimé Álvarez-Rubio confirmed Wednesday.
First BanCorp, the bank holding company for FirstBank Puerto Rico, on Tuesday reported net income of $22 million for the second quarter of 2016, or $0.10 per diluted share, compared to $23.3 million, or $0.11 per diluted share, for the first quarter of 2016 and a net loss of $34.1 million, or $0.16 per diluted share, for the second quarter of 2015.
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