Puerto Rico’s credit unions report increase of $84M in deposits
October 10, 2022
The sector also reported a total of 1.1 million credit union members.
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NY Gov. urges banks to support people, businesses hit by Hurricane Fiona
September 26, 2022
New banking guidance unveiled to ease financial burdens, including waiving ATM fees, expediting money transmission, and waiving late fees.
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PR Legal Aid urges mortgagers to adopt domestic violence protocol
September 14, 2022
"There is a very direct link between domestic violence and the risk of losing a home,” said Ariadna Godreau, executive director of the nonprofit.
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OCIF shuts down Athena Bitcoin’s Puerto Rico operations
September 13, 2022
The agency determined Athena’s failure to comply with licensing requirements under Puerto Rico laws.
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Popular enters $231M accelerated share repurchase agreement
August 26, 2022
The deal will be accounted for as a treasury stock transaction.
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Popular Inc. sells all shares in Evertec for $220M
August 16, 2022
Popular will report an after-tax gain of approximately $131 million.
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Citi closes sale of Puerto Rico personal banking business to Insigneo
August 3, 2022
The transaction has received regulatory approval.
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Popular Inc. reports $211.4M in 2Q22 net income
July 29, 2022
The recent result was down from the $218 million on record for the same year-ago period.
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First BanCorp. reports net income of $74.7M for 2Q22
July 25, 2022
The bank reported growth in several segments.
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Oriental CEO: ‘Puerto Rico should not experience a recession’
July 22, 2022
The banking executive recognized the challenges affecting the island, such as skyrocketing electricity costs and the increase in cost of living.
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$15M Popular Impact Fund to support new businesses
July 20, 2022
The fund's investments will range from $250,000 to $1 million in companies from the seed stage to pre-IPO.
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Popular closes purchase of digital assets from Evertec
July 4, 2022
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
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Banesco USA looks to benefit Puerto Rico with $250M federal injection
June 29, 2022
Banesco USA received a capital injection from the U.S. Treasury.
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Credit union, Consulate of the Dominican Republic partner to provide financial assistance
May 11, 2022
The Dominican community represents 16% of Puerto Rico’s population.
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Popular to build new $300M corporate campus in Hato Rey
May 4, 2022
The project will be financed through a capital investment made by Banco Popular.
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