Banking – Page 2 – News is My Business

July 24, 20190764

FirstBank reports net income of $41.3M in 2Q19 as CEO remains optimistic

First BanCorp. reported net income of $41.3 million, or $0.19 per diluted share, for the second quarter of 2019, compared to $43.3 million, or $0.20

July 23, 201901033

Upon revealing a 3.3% net revenue increase to $99.2 million from $96 million during the second quarter, Oriental CEO José Rafael Fernández said the

July 17, 201901471

The New York Fed announced it is launching its “Investment Connection” program to boost investments in regional community development financing.

July 4, 201902007

A Key Biscayne, Florida, resident and the former CEO of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison follo

June 26, 201902321

OFG Bancorp’s subsidiary Oriental Bank will acquire Scotiabank’s Puerto Rico operation for $550 million and its U.S. Virgin Island branch operati

June 11, 20190994

In keeping with its commitment to small businesses, Oriental granted a loan of some $2.8 million to Evinmotors, for the purchase of a commercial prop

May 13, 201901857

Doing the work of promoting Puerto Rico beyond its shores is an important task, but the island must continue working on its structural issues so that

April 25, 201901586

First BanCorp. reported net income of $43.3 million, or $0.20 per diluted share, for the first quarter ended Mar. 31, 2019, compared to $101.1 millio

March 19, 201902099

FirstBank recently granted $6.5 million in financing to Air-Con Inc., a distributor of air conditioners and commercial refrigeration, for working cap

March 13, 201901684

The San Juan Mercantile Exchange Inc. (SJMX) and the San Juan Mercantile Bank & Trust International Corp. (SJMBT) today announced that SJMBT has