Popular Inc., parent company of Banco Popular, on Tuesday reported net income of $89 million for the quarter ended June 30, 2016, compared to net income of $85 million for the quarter ended March 31, 2016.
Following the Commonwealth of Puerto Rico's default, ratings for the island's two main banks, Popular (BPOP) and First BanCorp (FBP), will not be immediately affected, according to Fitch Ratings.
Samsung Electronics Co., Ltd. announced Tuesday it is bringing mobile payment system Samsung Pay to Puerto Rico, supported by Banco Popular’s eligible credit cards.
Banco Popular’s technology team announced Thursday three key projects to be unveiled this year: “mobile wallets,” “cardless cash access,” and the integration of its “ATH Móvil” and “Mi Banca Móvil” applications.
The Puerto Rico Aqueduct and Sewer Authority is considering dipping into its rate stabilization fund to pay off $90 million due to creditors by month’s end, which would drain the reserve entirely, utility officials said Monday.
Banco Popular’s “Martes de Plaza” discount and promotional program at the Plaza Las Américas and Plaza del Caribe shopping centers will be valid for the last time on Dec. 22, coinciding with the busiest week of the holiday shopping season.
Looking to encourage transformation and creativity during tough economic times, and in celebration of “Entrepreneurship Week,” Banco Popular announced Thursday the launch of the “Popular StartUp” program.
Volaris, the ultra low cost Mexican airline servicing Mexico and the United States, announced Tuesday the introduction of new international service between Cancún and San Juan, starting July 2nd.
Fulfilling its social responsibility goals, Banco Popular recently became the first bank to invest in the Community Investment Fund run by the Puerto Rico Community Foundation, investing $250,000.
The arresting leaf coverage on the exterior walls of the Banco Popular Foundation's newly inaugurated headquarters in Hato Rey offers the most recent public evidence of the green building revolution that is slowly but progressively taking hold in Puerto Rico.
Following weeks and months of speculation about its fate, the Puerto Rico Office of the Commissioner of Financial Institutions and the Federal Deposit Insurance Corporation, announced Friday the closing of Doral Bank’s local and stateside operations.
Puerto Rico’s commercial banks will be observing today’s Martin Luther King holiday with special hours, scheduled as follows:
Banco Popular announced Tuesday the launch of a new feature in its mobile banking system that allows customers to access their accounts using their fingerprint.
Popular Inc. announced Tuesday its banking subsidiary, Banco Popular de Puerto Rico, received the prestigious “Bank of the Year Puerto Rico for 2014” award from The Banker, an international banking magazine published by The Financial Times.
The economic situation that has enveloped the island in recent years has a direct impact on the lives of thousands of Puerto Ricans. Among the various consequences this situation can generate is that many families have trouble making payments on their debts, including mortgages.
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