High-ranking Popular Inc. executives were in this city this week to inaugurate the new headquarters for its Popular Community Bank business in North America, with expectations that the operation will generate more than $100 million in revenue over the next two or three years.
The Community Investment Fund, launched last November with an initial $500,000 contribution from its founder, the Puerto Rico Community Foundation, has more than doubled its capital base to $1.1 million in investments from the private sector, the nonprofit announced Thursday.
Although the island’s economy is facing one of its most difficult moments, it is still possible to weather the storm with proper financial planning, executives from Banco Popular’s securities and insurance divisions said Thursday.
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