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Banesco’s headquarters in San Juan, Puerto Rico
In-Brief
Banesco USA surpasses $5B in assets, $1B deposits in Puerto Rico
NIMB Staff September 9, 2025

Bank posts 34% income growth as Puerto Rico deposits surge. #NewsismyBusiness

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From left: Natalie Claudio of Jóvenes de Puerto Rico en Riesgo; Maritza Abadía, president of Banesco USA Puerto Rico; Raquel Skerett of Vitrina Solidaria; and Giovanna Piovanetti of Corporación para el Financiamiento Empresarial de los Comerciantes y de las Comunidades
In-Brief
Banesco USA grants $22K to nonprofits aiding vulnerable communities
NIMB Staff July 1, 2025

Eight organizations in Puerto Rico receive funds to support social, educational and economic programs. #NewsismyBusiness

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Maritza Abadía, president of Banesco USA Puerto Rico, was recognized with the Banker of the Year Zenit Award by the Puerto Rico Chamber of Commerce.
In-Brief
Banesco’s Maritza Abadía honored with Zenit Banker of the Year award
NIMB Staff June 17, 2025

Banesco president recognized for her leadership and impact on Puerto Rico’s economy. #NewsismyBusiness

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From left, Maritza Abadía, president of Banesco USA in Puerto Rico, and Calixto García-Vélez, president of Banesco USA
In-Brief
Banesco USA sees strong Q1 growth in Puerto Rico loans, deposits
NIMB Staff June 4, 2025

Bank reports 25% loan and 45% deposit growth, $76M in ECIP lending. #NewsismyBusiness

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From left, standing: Juan Carlos Agosto, CEO of Store Management System LLC; Javier Agosto, owner of Oiremoc LLC; and Leonardo Maldonado, relationship manager at Banesco USA. Seated: Juan Agosto and Efigenio Rivera, co-owners of Store Management System; and Maritza Abadía, president of Banesco USA in Puerto Rico, during the closing of the $9 million loan for the Sierra Bayamón Econo supermarket renovation.
In-Brief
Banesco USA grants $9M loan to Econo Sierra Bayamón
NIMB Staff May 19, 2025

The funds will pay for the acquisition and remodeling of the Comerío store. #NewsismyBusiness

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Banesco’s headquarters in San Juan, Puerto Rico
Biz Views
Banesco USA offers innovative banking solutions for businesses
Contributor April 30, 2025

The bank offers services aimed at supporting client growth and financial stability. #NewsismyBusiness

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From left: Stephanie López, Proyecto Matria; Sor Rosa Guerrero, Hogar del Niño El Ave María; Maritza Abadía, president of Banesco USA Puerto Rico; Sor Carmen Mata, Hogar del Niño El Ave María; Ivonne D. Carlo, Colegio San Juan Bosco; and Natalia Subirá, Centro CRECE.
In-Brief
Banesco USA supports community organizations in Puerto Rico
NIMB Staff April 17, 2025

Centro CRECE, Hogar del Niño El Ave María, Proyecto Matria and Colegio San Juan Bosco received support from Banesco USA. #NewsismyBusiness

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Banking, Featured
Banesco reports growth in Puerto Rico, loans up 25%, deposits up 20%
NIMB Staff March 26, 2025

Banesco USA’s overall financial performance showed a net income of $43 million in 2024. #NewsismyBusiness

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Banking, Featured
Banesco USA sues Mayagüez animal feed operator over $6.6M default
Michelle Kantrow-Vázquez January 15, 2025

The dispute stems from two loans Banesco extended to FAPPR in August 2017. #NewsismyBusiness

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In-Brief
Banesco USA grants $50K to 16 community entities in Puerto Rico
NIMB Staff December 30, 2024

The organizations serve the most socially and economically disadvantaged communities in Puerto Rico. #NewsismyBusiness

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Maritza Abadía, president of Banesco USA Puerto Rico, was recognized with the Banker of the Year Zenit Award by the Puerto Rico Chamber of Commerce.
Banking, Featured
Banesco USA reports $15M in net income in Q3
NIMB Staff December 6, 2024

Banesco in Puerto Rico reported loan and deposit growth of 26% and 97% respectively over the last 12 months ended Sept. 30, 2024. #NewsismyBusiness

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Corporate Ladder News is my Business
Climbing the Corporate Ladder
Cross-section of sectors in Puerto Rico name high-ranking execs
Contributor September 24, 2024

This edition of Climbing the Corporate Ladder includes notable appointments in banking, tourism, nonprofits, public relations and health insurance. #NewsismyBusiness

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Biz Views
Banesco USA helps you manage your business finances better
Contributor September 9, 2024

Entrepreneurs, regardless of the size of their business, understand the importance of efficiency in financial management. #NewsismyBusiness

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Banking, Featured
Banesco USA reports $11M in Q2 net income
NIMB Staff August 27, 2024

The bank achieved 17% asset growth, 18% loan growth and 27% deposit growth. #NewsismyBusiness

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In-Brief
Banesco USA employees volunteer at Hogares Rafaela Ybarra
NIMB Staff July 10, 2024

Hogares Rafaela Ybarra is a nonprofit organization founded by the Sisters of the Guardian Angels. #NewsismyBusiness

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QUOTE OF THE WEEK:

“After 10 years of Act 247-2015 [Law for the Promotion of Reusable Bags and the Regulation of the Use of Plastic Bags], we must seriously examine whether public policy has produced the expected effects.

 

We need to see the full picture: protecting the environment, weighing costs for consumers and ensuring viability for retailers. Our duty is to consider amendments or new strategies that bring a fair and effective balance for Puerto Rico.”

 

— Sen. Nitza Morán, chairwoman, Puerto Rico Senate Committee on Economic Development, Small Business, Banking, Commerce, Insurance and Cooperativism

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