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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
FirstBank invests $466M to boost inclusion, development
Michelle Kantrow August 22, 2025

Bank allocates funds across Puerto Rico, Florida, U.S. Virgin Islands. #NewsismyBusiness

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Claudia Freyre, founder of Borihipi in Peñuelas, is one of five entrepreneurs awarded $2,000 through FirstBank’s 1Éxito business training program.
In-Brief
FirstBank awards 5 entrepreneurs in 1Éxito for Business 2025 program
NIMB Staff July 18, 2025

Winners receive $2,000 prizes as part of bank’s support for small businesses. #NewsismyBusiness

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Brenda Irizarry of FirstBank leads a coaching habits training during a recent 1Éxito for Business event.
In-Brief
FirstBank to host free business education event for entrepreneurs
NIMB Staff June 9, 2025

1Éxito for Business offers training, networking and $2,000 prize opportunities. #NewsismyBusiness

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Carmen Ríos, vice president of Dulzura Borincana, receives the Small Business Exporter of the Year award from the U.S. Small Business Administration.
In-Brief
FirstBank gets ‘Bronze Lender of the Year’ award from SBA Puerto Rico
NIMB Staff May 16, 2025

Bank client Dulzura Borincana was also named Small Business Exporter of the Year for Puerto Rico and the Atlantic region. #NewsismyBusiness

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In-Brief
FirstBank provides $2.7M loan to Calben Group LLC
NIMB Staff December 24, 2024

The parent company of Casa Bella Resort Living will build a third property for 29 new tenants. #NewsismyBusiness

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Corporate Ladder News is my Business
Climbing the Corporate Ladder
Execs named in cross-section of Puerto Rico industries
Contributor November 4, 2024

In this edition of Climbing the Corporate Ladder, a cross-section of companies doing business in Puerto Rico has named top officials to their ranks. #NewsismyBusiness

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In-Brief
FirstBank gets Ceiba Award for impact in southern Puerto Rico
NIMB Staff October 31, 2024

The Puerto Rico Southern Chamber of Commerce presented the award. #NewsismyBusiness

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In-Brief
EDB and FirstBank close first SSBCI loan 
NIMB Staff July 11, 2024

Intervoice Communication of Puerto Rico received the loan under the U.S. Treasury Department’s State Small Business Credit Initiative program. #NewsismyBusiness 

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In-Brief
FirstBank selects nCino to transform commercial lending services
Contributor March 21, 2024

nCino will provide a platform to improve customer experiences and create new efficiencies across its commercial lending services from origination to portfolio management. #NewsismyBusiness

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In-Brief
FirstBank sponsors youth golf clinic at Puerto Rico Open
NIMB Staff March 8, 2024

The bank hosted a golf and financial education event for children with pro golfer Marifé Torres. #NewsismyBusiness 

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In-Brief
Puerto Rico Lottery switches to FirstBank for payments
NIMB Staff February 28, 2024

Starting March 1, lottery prize and supplier payments transition to the new banking service. #NewsismyBusiness

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In-Brief
Local veterinarian expands practice with FirstBank loan
NIMB Staff February 16, 2024

Dr. Eduardo Díaz-Argimon’s acquisition of a second animal hospital was supported by SBA-backed financing. #NewsismyBusiness

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In-Brief
FirstBank creates ‘the shop’ to boost small biz holiday sales
Contributor December 15, 2022

The bank-sponsored location is at Plaza Las Américas and will house eight small local businesses that will sell their products there for two weeks.

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Banking, Featured
First BanCorp. reports $74.6M in 3Q22 net income, steady vs. 3Q21
Michelle Kantrow-Vázquez October 26, 2022

The financial institution will mark its 74th anniversary this week.

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In-Brief
FirstBank, INprende launch 1Éxito Universitarios training program
Contributor October 24, 2022

The trainings will offer participating students an entrepreneurial and educational tool kit.

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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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