Puerto Rico Bankers Association reinforces anti-fraud educational efforts
abril 7, 2022
The PRBA's commercial bank members will support the effort by publishing the campaign on their own social networks.
burbuja de chat0 Comentarios
visibilidad3450 Views
FirstBank grants $3.1M financing for construction of Multy Medical Facilities in Ponce
marzo 31, 2022
Multy Medical Facilities has a 22,000 square-foot rehabilitation unit with three treatment areas.
burbuja de chat0 Comentarios
visibilidad5569 Views
Popular Inc. announces $400M common stock repurchase agreement
marzo 2, 2022
The final settlement of the ASR Agreement is expected to occur no later than the third quarter of 2022.
burbuja de chat0 Comentarios
visibilidad2720 Views
Popular buys fintech assets from Evertec for $197M, extends commercial contracts
febrero 25, 2022
The transaction is expected to close on or about June 30, 2022.
burbuja de chat0 Comentarios
visibilidad5062 Views
FL-based Guidewell closes purchase of Triple-S insurance provider
febrero 2, 2022
Nearly six months after announcing its plans, GuideWell Mutual Holding Corp., parent of Blue Cross and Blue Shield of Florida Inc., has closed on its acquisition of Triple-S Management Corp. GuideWell acquired all outstanding shares of Triple-S Management common stock for $36 per share in cash. With the completion of the transaction, Triple-S is now […]
burbuja de chat0 Comentarios
visibilidad5789 Views
Popular Inc. reports $206M in 4Q21 net income, up 17% Y-O-Y
enero 28, 2022
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $206.1 million for the fourth quarter ended Dec. 31, 2021, compared to net income of $176.3 million in the same period in 2020. The financial institution also reported net income of $934.9 million for the year 2021, compared to net income […]
burbuja de chat0 Comentarios
visibilidad3562 visitas
First BanCorp. reports $281M in net income in ’21, vs. $102M in ’20
enero 27, 2022
First BanCorp., parent company of First Bank, reported net income of $281 million for the year ended Dec. 31, 2021, compared to $102.3 million for the year ended Dec. 31, 2020. In an interview with News is my Business, First BanCorp. CEO Aurelio Alemán attributed the growth to the completion of the acquisition of Banco […]
burbuja de chat0 Comentarios
visibilidad3164 Views
Popular launches new way to apply for business credit
enero 21, 2022
SPONSORED POST Popular announced today the launch of a new digital platform where small business owners can apply for loans and lines of credit in an agile and convenient way. The platform includes an innovative, secure system designed so that customers can manage and check the status of their application online at any time, simplifying […]
burbuja de chat0 Comentarios
visibilidad2433 Views
Oriental CEO: ‘The stars are aligning for Puerto Rico’s economic growth’
enero 20, 2022
The confirmation of Puerto Rico’s debt restructuring plan is one of several positive circumstances that is positioning the island for an economic rebound in coming years, but which will require unity between the public and private sectors. José Rafael Fernández, CEO of OFG Bancorp, said Puerto Rico’s economy is already in a “very different situation” […]
burbuja de chat0 Comentarios
visibilidad2715 visitas
OncoHealth, Triple-S Salud partner for evidence-based cancer treatment
enero 12, 2022
OncoHealth, a digital health company dedicated to navigating the physical, mental, and financial complexities of cancer care, has announced a multi-year partnership with Triple-S Salud. OncoHealth and Triple-S have been partners for more than two years and now they have expanded their partnership to include cancer treatment reviews for all lines of business, including 450,000 […]
burbuja de chat0 Comentarios
visibilidad5197 Views
Kinderhook closes acquisition of Medical Card System Inc.
enero 4, 2022
Nearly seven months after announcing its intention to acquire Puerto Rico-based healthcare services organization Medical Card System (MCS), MHH Healthcare, L.P. announced it has closed the transaction. MHH Healthcare is a platform company formed by Kinderhook Industries, LLC to invest in health plans, health maintenance organizations, and healthcare services organizations. The transaction completes MHH Healthcare’s […]
burbuja de chat0 Comentarios
visibilidad6378 Views
Banesco USA to get $238M from US Treasury’s Emergency Capital Investment program
diciembre 21, 2021
Banesco USA announced has been approved to participate in the U.S. Department of the Treasury’s Emergency Capital Investment Program (ECIP), for which it is eligible to receive an investment of up to $237.5 million. With the funds it will be able to increase lending to small and minority-owned businesses, and low- and moderate-income consumers in […]
burbuja de chat0 Comentarios
visibilidad3373 Views
Puerto Rico’s banking industry continues to strengthen in past year
diciembre 13, 2021
The Puerto Rican banking industry has continued to strengthen over the past year, supported by an increase in liquidity and the strengthening of asset quality. The Financial Stability Index for Commercial Banks in Puerto Rico, prepared by Estudios Técnicos, Inc., increased to 0.60 in the third quarter of 2021, compared to 0.47 in the same […]
burbuja de chat0 Comentarios
visibilidad3056 visitas
Triple-S Management Corp. reports $8.2M in 3Q21 net income
noviembre 8, 2021
Healthcare services company Triple-S Management Corp. announced net income of $8.2 million, or $0.35 per diluted share, for the third quarter ended Sept. 30, compared with $23.6 million, or $1.02 per diluted share, in the prior year period. Adjusted net income stood at $9.6 million, or $0.41 per diluted share, during the most current quarter, versus $14.2 million, or $0.61 per diluted share, in the period in […]
burbuja de chat0 Comentarios
visibilidad4281 Views
First BanCorp. reports $75.7M in 3Q21 net income
octubre 26, 2021
First BanCorp., FirstBank Puerto Rico’s parent company, reported net income of $75.7 million, or $0.36 per diluted share, for the third quarter of 2021, compared to $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, and $28.6 million, or $0.13 per diluted share, for the third quarter of 2020. Financial results […]
burbuja de chat0 Comentarios
visibilidad3107 Views
Proveedor de contenido de Dow Jones/Factiva desde 2014.
¡Suscríbase a nuestro podcast Dollars & Sense!
NIMB EN LAS REDES SOCIALES