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In-Brief
Oriental grants $4.9M loan for supermarket construction
Michelle Kantrow-Vázquez November 11, 2016

Oriental Bank announced Thursday it has granted a $4.9 million to Grupo Quiñones to build a Selectos supermarket, which is already under construction.

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In-Brief
Molinos de Puerto Rico to host LatAm industry meeting
Contributor November 11, 2016

Molinos de Puerto Rico, the Caribbean arm of Ardent Mills, the flour-milling and ingredient company, will host the XXXIV Annual Meeting of the Latin American Industrial Millers Association (ALIM) Nov. 13-16.

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In-Brief
FirstBank offers financial education through nonprofits
Contributor November 11, 2016

Seeking to increase financial knowledge and responsibility within low-income groups or communities through nonprofit organizations, FirstBank has partnered with the American Red Cross, United Way, and One Stop Career to create the Financial Education Program.

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QUOTE OF THE WEEK:

“The budget illustrates that the fiscal responsibility we instilled in previous years puts the Commonwealth in a better position to respond to the changing federal funding landscape. 

 

Like many states, municipalities and territories across the U.S., we may have to revisit the budget with the Governor and Legislature if federal funding levels change.”

 

— Robert Mujica, executive director, Financial Oversight and Management Board for Puerto Rico

 

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