Inclusiv, Adrian Dominican Sisters invest in Puerto Rican cooperative Jesús Obrero
August 16, 2024
The partnership supports climate resiliency and economic growth in under-resourced communities. #NewsismyBusiness
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Puerto Rico EDB, Banco Popular approve $2.6M for La Parrilla Argentina’s expansion
August 9, 2024
The collateral support loans under the Boost Your Business program are for construction and equipment financing for the new Bayamón location. #NewsismyBusiness
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Popular Inc. reports $178M in Q2 net income, up $26M YoY
July 25, 2024
The financial institution also saw quarter-over-quarter growth, as it reported $103.3 million for the quarter ended March 31, 2024. #NewsismyBusiness
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First BanCorp. reports $76M in Q2 net income, opens $250M stock buyback
July 24, 2024
First BanCorp.’s board of directors approved a quarterly cash dividend of $0.16 per share on its outstanding common stock. #NewsismyBusiness
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OFG Bancorp reports $179.4M in Q2 core revenue
July 19, 2024
During the quarter, OFG also moved ahead with its share buyback program, implementing close to the $50 million approved by its board. #NewsismyBusiness
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Banco Popular de Puerto Rico sues Romark Global Pharma for $9.2M
July 15, 2024
Romark established its operation in Puerto Rico in 2019. #NewsismyBusiness
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Puerto Rico’s credit unions maintain asset quality despite economic uncertainty
June 27, 2024
The Credit Union Industry Financial Stability Index, prepared by Estudios Técnicos, reflects improvement in 2024. #NewsismyBusiness
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Urbital and VIG Mortgage partner to launch ‘new era’ in Puerto Rico real estate
June 10, 2024
The alliance promises faster property transactions with a fully digitalized mortgage process. #NewsismyBusiness
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Banesco USA announces $3.9B in assets for 1Q
June 5, 2024
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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‘Smooth sailing’ for Popular Campus development in Hato Rey
June 4, 2024
Construction of the Popular Campus complex in Hato Rey entails a $300 million investment. #NewsismyBusiness
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FirstBank OKs $31M in refinancing to Hipódromo Camarero
May 22, 2024
Camarero will use the funding to continue its uninterrupted operations. #NewsismyBusiness
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Overdraft/NSF fee cuts save consumers $6B, banks lose revenue
May 13, 2024
Puerto Rico banks such as Banco Popular, FirstBank and Oriental Bank have moved to reduce or eliminate overdraft/NSF fees in recent years. #NewsismyBusiness
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Popular Inc. names new president and CEO
May 13, 2024
Ferrer was also named President of Popular Inc.’s two banking subsidiaries. #NewsismyBusiness
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MCS, MCS Foundation get top award from Salvation Army Puerto Rico
May 8, 2024
The MCS Foundation has extended its financial support to the Salvation Army Puerto Rico and USVI Division, with more than $200,000 in donations over the last five years. #NewsismyBusiness
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Puerto Rico ‘outpacing, outperforming’ Banesco USA’s mainland business
April 25, 2024
Banesco USA named Maritza Abadía as the island’s only woman president of a local bank. #NewsismyBusiness
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