Triple-S Management Corp. announced Tuesday consolidated revenues of $745.9 million and net income of $12.7 million, or $0.52 per diluted share, versus net income of $3.9 million, or $0.16 per diluted share for the same second quarter of 2016.
First BanCorp. reported net income of $28 million for the second quarter of 2017, or $0.13 per diluted share, compared to $25.5 million, or $0.11 per diluted share, for the first quarter of 2017 and $22 million, or $0.10 per diluted share, for the second quarter of 2016.
Popular Inc. reported a net income of $96.2 million for the quarter ended June 30, 2017, up .08 percent compared to a net income of $88.9 million for the same year-ago quarter
Upon releasing second quarter results, Oriental Financial Group President José Rafael Fernández said despite solid performance, there is a “great deal of uncertainty” moving forward about the economic impact from Puerto Rico’s fiscal restructuring.
With the goal of offering customers a solution to their current financial situation, Popular announced the start of its new personal loans campaign, under the slogan “Consolidate with a personal loan,” expanding on the benefits of this solution.
Triple-S Management Corporation announced Wednesday its subsidiary, Triple-S Salud Inc., has agreed to extend its contract with the Puerto Rico Health Insurance Administration for the provision of health services in the Metro North and West regions of the government's health insurance program, to Sept. 30, 2017.
Funds advised by J.C. Flowers & Co. LLC and affiliates announced the closing of the acquisition of the personal loan and sale finance loan assets comprising the Island Finance business, which includes the employees and branches, from Santander Financial Services Inc.
Banco Popular on Thursday unveiled a new tool through which clients can send cash to other people even if they do not have a bank account.
ATH and electronic transaction processing company Evertec announced Tuesday the launch of ATH Móvil Business, a service that will enable small businesses to receive electronic payments in an easy and secure way in real time from any ATH Móvil user.
Evertec Inc. announced Monday that on June 1, 2017 it received U.S. federal bank regulatory approval to buy EFT Group S.A., a Chilean-based company known commercially as PayGroup at a purchase price of some $40 million.
Assured Guaranty Ltd. Filed an adversary complaint challenging the Commonwealth of Puerto Rico’s “illegal diversion” of special revenue bond collateral that secures the payment of Puerto Rico Highways and Transportation Authority bonds.
Those looking to participate in the third edition have until May 31 to submit their proposals, Banco Popular executives said Monday, adding there is $1.6 million available to winning applications
Looking to cater to that high-net worth segment of Puerto Rico’s population who typically expect distinctive banking services, FirstBank officially unveiled its new branch in Condado, which houses its new Platinum Banking service, executives said Wednesday.
Echar Pa’lante, an initiative Banco Popular launched five years ago to empower a culture of entrepreneurship and innovation, is looking ahead to further linking academia, the government and the private sector to help restore Puerto Rico’s economy.
The Puerto Rico International Insurers Association (PRIIA) issued a statement Thursday saying it operates under laws and regulations that insulate its member companies and their clients from any changes to Puerto Rico that Title III bankruptcy may bring about.
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