MCS Classicare is now the largest five-star Medicare Advantage plan in the United States and Puerto Rico. #NewsismyBusiness
The funds will be used to enhance services to low-income communities in Puerto Rico, New York and Florida. #NewsismyBusiness
A V2A Consulting study found strong asset quality and capitalization in local banks, which are also driving socioeconomic development. #NewsismyBusiness
Caribe Federal added two branches and increased membership to 58,000. #NewsismyBusiness
The initiative falls under its “Finanzas en Tus Manos” program. #NewsismyBusiness
The bank achieved 17% asset growth, 18% loan growth and 27% deposit growth. #NewsismyBusiness
The partnership supports climate resiliency and economic growth in under-resourced communities. #NewsismyBusiness
The collateral support loans under the Boost Your Business program are for construction and equipment financing for the new Bayamón location. #NewsismyBusiness
The financial institution also saw quarter-over-quarter growth, as it reported $103.3 million for the quarter ended March 31, 2024. #NewsismyBusiness
First BanCorp.’s board of directors approved a quarterly cash dividend of $0.16 per share on its outstanding common stock. #NewsismyBusiness
During the quarter, OFG also moved ahead with its share buyback program, implementing close to the $50 million approved by its board. #NewsismyBusiness
Romark established its operation in Puerto Rico in 2019. #NewsismyBusiness
The Credit Union Industry Financial Stability Index, prepared by Estudios Técnicos, reflects improvement in 2024. #NewsismyBusiness
The alliance promises faster property transactions with a fully digitalized mortgage process. #NewsismyBusiness
Over the last 12 months ending first quarter 2024, Banesco USA has granted $212.8 million in ECIP loans in Puerto Rico. #NewsismyBusiness
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