Small loans company Money Express, a FirstBank sister operation, is marking 20 years of doing business in Puerto Rico, where it commands a 22 percent market share with a $104 million loan portfolio.
Arturo Carrión, who for the last 29 years served as executive vice president of the Puerto Rico Bankers Association, is retiring from his post on June 30, when he will be succeeded by Zoimé Álvarez-Rubio, trade group President José Rafael-Fernández announced Tuesday.
First BanCorp., the bank holding company for FirstBank Puerto Rico on Monday reported net income of $25.6 million for the first quarter of 2015, or $0.12 per diluted share, compared to $330.8 million, or $1.56 per diluted share, for the fourth quarter of 2014 and $17.1 million, or $0.08 per diluted share, for the first quarter of 2014.
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