Construction of the Popular Campus complex in Hato Rey entails a $300 million investment. #NewsismyBusiness
Camarero will use the funding to continue its uninterrupted operations. #NewsismyBusiness
Puerto Rico banks such as Banco Popular, FirstBank and Oriental Bank have moved to reduce or eliminate overdraft/NSF fees in recent years. #NewsismyBusiness
Ferrer was also named President of Popular Inc.’s two banking subsidiaries. #NewsismyBusiness
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
Banesco USA named Maritza Abadía as the island’s only woman president of a local bank. #NewsismyBusiness
The financial institution plans to continue investing in technology to improve customer-facing services as well as internal processes. #NewsismyBusiness
The latest results include an after-tax impact of $9.1 million related to the FDIC Special Assessment in November 2023. #NewsismyBusiness
In a call with reporters, Oriental’s CEO said because of its different strategies, its customer base increased by 3% year over year. #NewsismyBusiness
MCS is seeking new mentoring opportunities for medical students and resident physicians. #NewsismyBusiness
The company announced the process of changing its name as part of its “move toward the future at the service of Puerto Rican credit unions.” #NewsismyBusiness
This clarity provided by the FHFA makes it easier for Puerto Rican cooperatives to access financial services and stability. #NewsismyBusiness
The bank’s loan growth was driven largely by its commercial banking clients throughout the communities it serves in South Florida and Puerto Rico. #NewsismyBusiness
The Puerto Rican insurer surpassed its 2023 targets. #NewsismyBusiness
Popular Inc. CEO Ignacio Álvarez confirmed that the Apple Pay service will finally become available in Puerto Rico this year. #NewsismyBusiness
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