“We are encouraged by the resiliency of the U.S. economy and sustained economic activity in Puerto Rico,” said Popular Inc. CEO Ignacio Álvarez. #NewsismyBusiness
The units are all for rental to families who qualify under the income limit of 60% of the area’s median income. #NewsismyBusiness
The application period has been extended for the initiative with the Puerto Rico Science, Technology and Research Trust and Banco Popular, which offers tools for startup expansion. #NewsismyBusiness
The program will offer mentoring to Puerto Rican founders of innovative companies on raising capital, exporting, and scaling into new markets. #NewsismyBusiness
BPPR’s award was in the Innovation: Talent Lab & Skills Accelerator category.
The bikes will be known as biciPOP, as part of a partnership with Banco Popular.
Excluding the effects of that transaction, Popular Inc.’s net income for the quarter would have been $195.8 million.
The changes took effect Aug. 26 and apply to retail and commercial accounts.
The recent result was down from the $218 million on record for the same year-ago period.
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
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 […]
Popular Inc., parent company of Banco Popular de Puerto Rico, will raise the minimum hourly base salary for 68% of its workforce, company CEO Ignacio Álvarez announced during its “Popular Connects” town hall meeting. The hourly base salary in Puerto Rico will increase to $13 in January 2022 and to $15 in January 2023. “Our […]
For more than five years, StartUp Popular has been a promoter of entrepreneurship and the economy of Puerto Rico. The program, which has been dedicated to offering financing, coaching and events to encourage networking among local entrepreneurs, will continue to receive applications. StartUp Popular is designed for entrepreneurs who have a business with two years […]
Popular Inc., parent company of Banco Popular de Puerto Rico, reported $218.1 million in net income for the second quarter ended June 30, 2021, compared to the $127.6 million on record for the same period in 2020, representing $90.5M in year-over-year growth. The most recent figure compares to $262.6 million in net income reported for […]
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $262.6 million for the quarter ended March 31, 2021, compared to net income of $176.3 million for the quarter ended December 31, 2020. “We got off to a strong start in 2021, earning $262.6 million in the quarter, and are optimistic […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA