As OFG enters 2025, it remains focused on leveraging digital transformation and strategic investments to drive growth. #NewsismyBusiness
The dispute stems from two loans Banesco extended to FAPPR in August 2017. #NewsismyBusiness
As part of its compliance commitments, MMM must overhaul its marketing and referral practices to align with federal regulations. #NewsismyBusiness
The insurer seeks $800,000 in damages. #NewsismyBusiness
Banesco in Puerto Rico reported loan and deposit growth of 26% and 97% respectively over the last 12 months ended Sept. 30, 2024. #NewsismyBusiness
This marks the 12th time Popular has received this recognition. #NewsismyBusiness
The financial institution claims the defendants orchestrated a fraudulent scheme to obtain PPP funds by submitting falsified applications and misusing the proceeds for personal gain. #NewsismyBusiness
Aon projects that economic losses from Hurricane Milton and additional events expected to take place during the rest of the year will push annual insured losses above the 2023 level of $125 billion. #NewsismyBusiness
The initiative will provide access to a portfolio of support organizations, with relevant information and recommendations tailored to the needs of companies. #NewsismyBusiness
The Popular Impact Fund was created in 2022 to make minority investments in young companies or “start-ups.” #NewsismyBusiness
The lawsuit follows years of international scrutiny on Schiff and Euro Pacific Bank, which he founded in Puerto Rico. #NewsismyBusiness
The bank is also advancing its digital transformation efforts, with more than 60% of its customers now enrolled in digital platforms. #NewsismyBusiness
The rise in provisions was largely driven by loan growth and changes in credit quality trends, particularly in the auto loan segment. #NewsismyBusiness
The bank’s net income available to common stockholders was $47 million. #NewsismyBusiness
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