Hundreds of business owners took part in the “Entrepreneurs First” workshop hosted by FirstBank and the autonomous municipality of Caguas Tuesday, at the Centro Criollo de Ciencia y Tecnología (C3TEC) to learn about how to reinvent their businesses, educate themselves and strengthen local industries.
FirstBank and the Autonomous Municipality of Caguas will be co-hosting an educational conference for small and mid-sized businesses next week, when they will get first-hand guidance for managing the finances of their business during times of crisis.
Puerto Rico banks will be operating on a special schedule today in observance of the Washington’s Birthday holiday. Following are the schedules for the major banks.
Several days after downgrading Puerto Rico's general obligation bond rating to Ba2, or junk, Moody's Investors Service placed on review for downgrade certain ratings of three local banks: Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico.
First BanCorp., the bank holding company for FirstBank Puerto Rico reported net income of $14.8 million for the fourth quarter of 2013, or $0.07 per diluted share, compared to $15.9 million, or $0.08 per diluted share, for the third quarter of 2013 and net income of $14.5 million, or $0.07 per diluted share, for the fourth quarter of 2012.
Five FirstBank MasterCard cardholders recently were chosen as the winners of the "FirstBank MasterCard and take you to see the Grammy Awards" promotion, with one taking the grand prize — a trip to Los Angeles for the music industry’s most important annual celebration.
Puerto Rico is said to have one of the longest Christmas holiday seasons on the planet, and for the next two weeks many businesses and government offices will operate on special schedules in observance of those days.
FirstBank, in partnership with transaction processing company EVERTEC, announced Thursday the start of a campaign to raise funds for nonprofit Ser de Puerto Rico, an organization dedicated to offering a variety of services to special needs children and adults.
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted to FirstBank Puerto Rico through which it seeks to collect on a $108 million loan.
Credit card processing firm TSYS announced Wednesday it has signed a long-term payments agreement with FirstBank Puerto Rico to provide payment processing for the bank’s consumer credit card portfolio.
On the heels of a good third quarter, FirstBank executives are looking to capitalize on a “cleaner balance sheet” to continue strengthening and growing its franchise on all fronts in Puerto Rico, the U.S. Virgin Islands and South Florida.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Wednesday net income of $15.9 million for the third quarter of 2013, or $0.08 per diluted share, compared to a net loss of $122.6 million, or $0.60 per diluted share, for the second quarter of 2013 and net income of $19.1 million, or $0.09 per diluted share, for the third quarter of 2012.
While it will be business-as-usual for the government and most private sector businesses, Puerto Rico banks will offer special hours today in observance of the Columbus Day holiday.
Five nonprofits — Casa de la Bondad, Centro de Enseñanza de la Familia, Enactus, JCI (Junior Chamber International) and Proyecto PECES — will benefit from the use of a building that FirstBank recently donated to the town of Humacao through its community reinvestment unit.
The Luis Muñoz Marín Foundation recently received financial support from FirstBank Puerto Rico to be able to offer its environmental awareness and leadership workshops to several underprivileged children and youth between the ages of seven and 14, who had the chance to gain knowledge and experience that will likely help them later in life.
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