Popular Business Solutions, a set of tools that make it easier for merchants to manage their businesses on a daily basis has been relaunched, bank officials announced.
An estimated 300,000 Banco Popular customers participated in Banco Popular de Puerto Rico’s loan moratorium program, which included personal, auto, leasing, and mortgage loans, as well as credit cards, bank officials said Thursday.
Two decades after pioneering in the digital banking solutions arena, online financial services platform Eloan is being relaunched to provide a “simpler and smarter” personal loans product at competitive rates, company officials said.
Popular Inc. reported a net loss of $102.2 million for the quarter ended Dec. 31, 2017, compared to a net income of $20.7 million for the prior reflecting a non-cash income tax expense of $168.4 million due to the impact of the Federal Tax Cut and Jobs Act in the corporation’s U.S. deferred tax asset.
Popular Inc. reported a net income of $20.7 million for the third quarter ended Sept 30, 2017, compared to a net income of $96.2 million for the quarter ended June 30, 2017.
Five weeks after Hurricane María pummeled Puerto Rico, about 72.6 percent of local bank branches, or 228, have resumed operations, according to data from the Office of the Financial Institutions Commissioner.
Two of the island’s major banks, Banco Popular and FirstBank, stepped up Tuesday to help consumers during the hurricane-invoked emergency, offering three-month moratoriums a number of payments, including on mortgages and credit cards.
Three of the island’s largest banks announced their operating schedules for Tuesday, when limited service will be offered throughout Puerto Rico.
Banco Popular on Thursday unveiled a new tool through which clients can send cash to other people even if they do not have a bank account.
Echar Pa’lante, an initiative Banco Popular launched five years ago to empower a culture of entrepreneurship and innovation, is looking ahead to further linking academia, the government and the private sector to help restore Puerto Rico’s economy.
Saying that it has achieved a 97 percent satisfaction rate among some 1,500 Pueto Rico college students, Banco Popular is succeeding in locking up a position for itself among the emerging “millenial” generation, which has a distinct preference for technology as part of daily life.
Popular Inc. reported a net loss of $4.1 million for the quarter ended Dec. 31, 2016, compared to net income of $46.8 million for the quarter ended Sept. 30, 2016.
Banco Popular de Puerto Rico lost its appeal before a review board over a dispute with the Federal Deposit Insurance Corp. earlier this year that will result in a $115 million pre-tax charge for the quarter ended Dec. 31, the bank confirmed Wednesday.
Banco Popular announced Tuesday it is partnering with Diebold Nixdorf to pilot advanced predictive maintenance analytics to increase operational efficiency and broaden consumer touchpoint visibility.
Banco Popular de Puerto Rico announced Tuesday that it lost an appeal before a review board deciding over a dispute with the Federal Deposit Insurance Corp., representing a $55 million hit for the bank.
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