Foreclosures could spike by year’s-end as loan moratoriums expire
June 22, 2018
Puerto Rico property owners could face higher foreclosure levels after moratoriums on loan payments provided by local banks after Hurricane María expire in coming months, executives at FirstBank predicted Thursday.
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Oriental launches commercial credit online platform for SME’s
June 5, 2018
Oriental Bank has launched a new digital platform that seeks to make it “fast and easy” for small and medium-sized Puerto Rico businesses to apply for and manage commercial credits through the life cycle of their relationship.
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Popular announces early termination of FDIC Shared-Loss Agreements
May 24, 2018
Popular Inc. announced that, on May 22, its subsidiary Banco Popular entered into a Termination Agreement with the Federal Deposit Insurance Corp.
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