To continue offering services that respond to the needs and preferences of its customers, Popular announced the launch of its “new and improved” PREMIA loyalty program. It features a new digital platform that provides a better points redemption experience through any device, said Solimar Cedeño, vice president of Individual Credit at Popular. “We’re very excited […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2021/01/Ignacio-Alvarez-01.28.2021.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSPopular Inc. reported net income of $176.3 million for the fourth quarter ended Dec. 31, 2020, and $506.6 million for the year 2020, compared to net income of $671.1 million for the year 2019. “We closed 2020 on a high note, generating net income of […]
The Banker, The Financial Times’ international banking magazine, has named Banco Popular de Puerto Rico at “Bank of the Year Puerto Rico” for the seventh consecutive year. The Banker announced the award during the virtual awards ceremony held recently. According to The Banker, 2020 has been “an incredibly tough year,” as the COVID-19 pandemic brought […]
The El Zorzal Apartments has been included in a group of 46 affordable housing initiatives that will receive funding from the Federal Home Loan Bank of New York’s Affordable Housing Program (AHP), the stateside entity announced. The 24-unit, one-bedroom apartments reserved for the homeless, physically challenged, or mentally challenged population will get $703,540, José R. […]
[EDITOR’S NOTE: This post is an advertorial sponsored by Banco Popular de Puerto Rico.] In recent months, many companies and businesses have had to adapt their ways of working and sometimes reinvent themselves. Aware of the impact left by the COVID-19 pandemic, Popular continues its efforts to make life easier for business customers through the […]
CheckAlt, an independent provider of item and payment processing services in the U.S., and Banco Popular Puerto Rico, have extended and expanded their partnership to better serve the bank’s ATM users and create operational efficiencies with ATM reconciliation services. “We’re delighted to deepen our great relationship with BPPR and provide additional value for processing and […]
The COVID-19 pandemic has touched everyone’s lives in and outside of Puerto Rico. Through singers and other characters, Popular’s new musical production “We are music” tells stories that tie songs to scenes of moments caused by the pandemic. “We are music”will be broadcast on Dec. 6 at 8 p.m. across Puerto Rico’s main television channels […]
Editor’s Note: This advertorial is brought to you by Banco Popular. COVID-19 has created a great number of changes in our day to day, one of these being an accelerated adoption of digital services. At Popular, we crossed the 1 million user mark for our online banking platforms Mi Banco and Mi Banco Mobile two […]
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $127.6 million for the quarter ended June 30, 2020, a 25% drop from the $171.1 million on record for the same quarter in 2019, but a significant jump from the $34.3 million reported for the first quarter of the year. For […]
Banco Popular, Puerto Rico’s largest bank, confirmed that its “Mi Banco” digital platform has reached one million monthly active users, about six months ahead of schedule, officials said. The bank, which invests about $6 million a year to improve its digital offering, said more than 70% of all Banco Popular customers have enrolled in “Mi […]
Popular Inc. announced that as of May 1st, it had processed more than $1.2 billion in loans under the second round of the U.S. Small Business Administration’s Paycheck Protection Program. The loans have benefited 16,397 small- and medium-sized businesses that employ more than 235,000 people, the bank said. Of the total, $1.05 billion were granted […]
Banco Popular de Puerto Rico has received a total of 127,000 moratorium applications, split between auto, personal and mortgage loans, Popular Inc. CEO Ignacio Álvarez confirmed. Of that number, 100,000 are in its own portfolio, and the remaining 27,000 are mortgage loans owned by third-parties such as Fannie Mae, Freddie Mac and the Federal Housing […]
Given the crisis that Puerto Rico is experiencing due to the coronavirus (COVID-19) preventive lockdown, several major banks and financial institutions are taking special measures to attend to customers, mostly remotely. The Puerto Rico Bankers Association said among other measures, local banks have implemented recurring periods of hand washing for employees, a control of the […]
Banco Popular announced that, as part of its efforts to help mitigate problems caused by recent seismic events, it will be offering a series of orientations under the JumpStart program, for commercial customers affected in municipalities included in the Federal Emergency Management Agency’s emergency declaration. The initiative will be allocating funds for any need that […]
Popular Inc. reported net income of $166.8 million for the quarter ended Dec. 31, 2019, compared to net income of $165.3 million for the quarter ended Sept. 30, 2019. In the report, Banco Popular de Puerto Rico’s parent company, confirmed it generated net income of $671.1 million for the year 2019, compared to net income […]
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