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return on investment ROI

Michelle Kantrow December 27, 2021
Both US & Puerto Rico banks' management have successfully navigated through one of the worst economic exogenous shock periods in several generations. (Credit: Blackboard373 | Dreamstime.com)

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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.

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