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First BanCorp wraps $402M credit card portfolio purchase
Michelle Kantrow-Vázquez June 1, 2012

First BanCorp, the parent company for FirstBank Puerto Rico, announced it completed Thursday its purchase of a $402 million FirstBank-branded consumer credit card portfolio from FIA Card Services, N.A. and an affiliate.

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Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”

 

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