4 Puerto Rico insurance co’s sued for unlawful depreciation in auto claims
agosto 9, 2022
The class-action lawsuit names Triple-S, MAPFRE, Universal Insurance and Cooperativa de Seguros Múltiples.
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Citi closes sale of Puerto Rico personal banking business to Insigneo
agosto 3, 2022
The transaction has received regulatory approval.
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Popular Inc. reports $211.4M in 2Q22 net income
julio 29, 2022
The recent result was down from the $218 million on record for the same year-ago period.
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First BanCorp. reports net income of $74.7M for 2Q22
julio 25, 2022
The bank reported growth in several segments.
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Oriental CEO: ‘Puerto Rico should not experience a recession’
julio 22, 2022
The banking executive recognized the challenges affecting the island, such as skyrocketing electricity costs and the increase in cost of living.
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$15M Popular Impact Fund to support new businesses
julio 20, 2022
The fund's investments will range from $250,000 to $1 million in companies from the seed stage to pre-IPO.
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Popular closes purchase of digital assets from Evertec
julio 4, 2022
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
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Banesco USA looks to benefit Puerto Rico with $250M federal injection
junio 29, 2022
Banesco USA received a capital injection from the U.S. Treasury.
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Credit union, Consulate of the Dominican Republic partner to provide financial assistance
mayo 11, 2022
The Dominican community represents 16% of Puerto Rico’s population.
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Popular to build new $300M corporate campus in Hato Rey
mayo 4, 2022
The project will be financed through a capital investment made by Banco Popular.
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FirstBank CEO: ‘It’s Puerto Rico’s time to achieve economic growth’
abril 29, 2022
First quarter results included $11.3 million in merger and restructuring in connection the bank's acquisition of Banco Santander.
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Popular Inc. reports $212M in 1Q22 net income, down $51M from 2Q21
abril 27, 2022
The most recent quarter is compared to the last quarter of 2021, when Popular Inc. reported net income of $206.1 million.
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Oriental Bank reports $136.4M in 1Q22 revenue, up 7% Y-O-Y
22 de abril de 2022
OFG CEO José Rafael Fernández said the financial institution had a “solid quarter."
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FirstBank launches Business Digital Banking app to offer 24/7 access
abril 13, 2022
The app is available for download through Google Play or the App Store.
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FDIC encourages banks to help borrowers in areas affected by severe weather
abril 11, 2022
The action responds to the property damage experienced by consumers in Cataño, Dorado, Toa Baja, Vega Alta, and Vega Baja because of the storms that soaked Puerto Rico Feb. 4-6.
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