This week, Santander Securities LLC (SSLLC), the investment division of Banco Santander, sent a letter to its clients in Puerto Rico notifying them that, as of May 25, 2018, the Santander Securities branch in San Juan will close to the public.
In a market where population is steadily declining, the economy has contracted and the fiscal situation has been in a downward spiral, it has become a challenge for financial institutions to keep their deposit levels growing.
Evertec and ATH announced that their ATH Móvil service has reached one million users since its inception four years ago.