Popular’s Paseo de Diego location becomes a new home for the institute dedicated to Montessori education. #NewsismyBusiness
The most recent quarter includes an after-tax goodwill impairment charge in the bank’s U.S.-based equipment leasing subsidiary of $16.4 million. #NewsismyBusiness
This partnership will provide state-of-the-art technology and personalized managed account solutions to clients, the firms stated. #NewsismyBusiness
The company secured a new 10-year $82 million mortgage provided by Banco Popular de Puerto Rico. #NewsismyBusiness
“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 […]
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