Sun West Mortgage Company, with 41 years in the United States market, and presence in 48 states, Puerto Rico and the US Virgin Islands, was recognized as “Banking Institution of the Year” by the Puerto Rico Association of Realtors as part of the celebration of its annual convention. In addition, Andrés Concepción, Sun West’s vice […]
The Financial Stability Index for Puerto Rico’s banking industry, prepared by Estudios Técnicos, Inc. (ETI), shows that the industry’s liquidity and solvency remain strong despite the current economic environment. “The financial stability index for Puerto Rico’s banking industry has recovered after declining from 0.64 in the fourth quarter of 2019 to 0.54 in the first […]
Puerto Rico is starting to see the “beginnings of an economic rebound,” as the effects of the influx of federal economic aid and the possibility of the return of pharmaceutical companies are putting the island in a better position heading forward. That optimism is there for José Rafael Fernández, CEO of OFG Bancorp, the financial […]