Oriental Financial Group to acquire BBVA Puerto Rico for $500M
June 28, 2012
Oriental Financial Group Inc. has entered into an definitive agreement to buy Banco Bilbao Vizcaya Argentaria, S.A.’s Puerto Rico operations for $500 million in cash, the companies announced this morning.
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Analyst: P.R.’s bank deposit shortage stunting loan activity
June 18, 2012
Puerto Rico’s banking sector is not generating enough deposit activity to fund loan demand, which makes it very competitive and leads to higher deposit costs when compared to the mainland U.S.
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Culson headlines Popular’s ‘Echar pa’lante’ 2.0 campaign
June 13, 2012
Focusing on three pillars — support, discipline and passion — Banco Popular launched Tuesday the second phase of its “Echar pa’lante” (“Moving Forward”) institutional campaign centered on the image of Puerto Rico track and field overachiever Javier Culson.
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