Popular Inc. reported net income of $83.9 million for the quarter ended Dec. 31, 2012, nearly twice the $47.2 million in net income reported for the prior quarter ended Sept. 30, 2012.
Banco Popular recently awarded $14 million in financing to float the future “Salud Eterna” project in Humacao, a complex that will house several medical offices as well as an assisted living facility for the elderly.
Keeping local capital well invested, protected and solid is crucial to Puerto Rico, as it is the only way to create jobs and move the economy, said Gregory Kaufman, newly appointed president of Popular Securities during his first meeting with members of the media Wednesday.
Banco Popular de Puerto Rico announced that as part of its commitment to customer appreciation, it is bringing back, for the fourth year running, the traditional “Martes de Plaza” discounted shopping events.
The tripling of global oil prices during the last decade has been largely passed through to consumers in Puerto Rico’s oil‐intensive economy, causing a domino effect that has trickled down through the main sectors of the economy, Banco Popular’s “Progreso Económico” report concluded.
Six months after introducing its mobile banking application for the iPhone and iPod touch, Banco Popular de Puerto Rico announced the launch of the version for Android devices.
Banco Popular’s U.S. Virgin Islands division has taken its relationship with customers up a notch by opening a new page in Facebook in the hopes of “engaging the community in a faster and more digital way.”
The Young Entrepreneurship Education System, known as Yees!, conducted the first entrepreneurial workshop for teachers as part of Banco Popular de Puerto Rico's “Echar Pa’lante” institutional program.
While the average of air passenger departures out of U.S. mainland airports has gradually risen in the past 12‐months, the same activity out of Puerto Rico airports has zigzagged, according to Banco Popular’s “Progreso Económico” report released Thursday.
Banco Popular offered details Thursday of the eight edition of its 5K “Corre un País” race, which just like it did last year, will benefit nonprofit organization Iniciativa Comunitaria and its “Brega Bien” outreach program.
Banco Popular announced the launching of its “Depósito Fácil” (“Easy Deposit”) service, through which clients have the option to deposit checks at select ATM machines without having to use an envelope or fill out a deposit slip.
Banco Popular and its agency JWT Puerto Rico were awarded the prestigious Grand Prix Lion for public relations at this year’s Cannes Lions International Festival of Creativity in France for the bank’s “Echar Pa’lante” institutional campaign.
In keeping with its corporate practice of participating in the discussion of issues affecting the island, Banco Popular unveiled Thursday its newest exhibit, called “On/Off: Energy options for Puerto Rico,” at its Old San Juan building.
Focusing on three pillars — support, discipline and passion — Banco Popular launched Tuesday the second phase of its “Echar pa’lante” (“Moving Forward”) institutional campaign centered on the image of Puerto Rico track and field overachiever Javier Culson.
Popular Inc. announced Wednesday that the 1-for-10 reverse split of its common stock, $0.01 par value per share, became effective Tuesday. Banco Popular de Puerto Rico's parent company's common stock is now trading on a split-adjusted basis.
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