Ivan Baez Jose Rafael Fernandez
March 16, 2022
From left: Ivan Báez looks on as José Rafael Fernández presents his views during the panel discussion.
QUOTE OF THE WEEK
Sponsored by RSM
“Customers continue to spend, maybe not at the same pace as during the [COVID-19] pandemic, but it continues to be the motor of the economy in Puerto Rico and in the [mainland] U.S.”
— Ignacio Álvarez, CEO of Popular Inc., on the bank’s first-quarter earnings, which although declined compared to last year’s figures due to industry-wide adjustments, sustained consumer spending remains a positive indicator.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
