CEO Aurelio Alemán believes "that our organization has ample experience navigating uncertainty and is well equipped to manage rising market challenges going into the next cycle."
The bank spent 2022 "deploying technology, expanding, and improving our network and investing in people and talent."
The bank also reported net income of $257.1 million for the quarter ended Dec. 31, 2022.
The Banker said as part of its criteria for awarding the recognition is the bank's high profitability, among other aspects.
FV Bank has been granted regulatory approval to provide settlements between digital assets and fiat currencies.
First Finance has been summoned to a hearing at OCIF within 10 days.
Excluding the effects of that transaction, Popular Inc.’s net income for the quarter would have been $195.8 million.
The financial institution will mark its 74th anniversary this week.
The bank's CEO urged the public sector to "execute" to rebuild Puerto Rico's infrastructure.
The sector also reported a total of 1.1 million credit union members.
New banking guidance unveiled to ease financial burdens, including waiving ATM fees, expediting money transmission, and waiving late fees.
"There is a very direct link between domestic violence and the risk of losing a home,” said Ariadna Godreau, executive director of the nonprofit.
The agency determined Athena’s failure to comply with licensing requirements under Puerto Rico laws.
The deal will be accounted for as a treasury stock transaction.
Popular will report an after-tax gain of approximately $131 million.
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