Fundación Cortés has already reached 14,500 children and youth from public schools in Puerto Rico.
FirstBank is sustaining its support of the Martín Peña Recicla organization through a donation from its Community Reinvestment Department, which will allow it to make improvements to its headquarters so they can be used as an educational center for the G-8 communities. In addition, through the financial institution’s “Dona tu Celu initiative” — which promotes […]
First quarter results included $11.3 million in merger and restructuring in connection the bank's acquisition of Banco Santander.
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Looki g to strengthen their business models, FirstBank together with INprende graduated 123 entrepreneurs from the third edition of the 1Éxito program. The students participated in five free virtual training sessions on topics related to business development. In addition, for completing the 1Éxito program, they received certificates to open a commercial account at FirstBank without […]
As part of its commitment to the environment and the socio-economic development of the communities it serves, FirstBank recently developed an urban garden in collaboration with the Residentes Unidos de Barrio Obrero Marina, in the Caño Martín Peña community. Residents of the community worked hand in hand with a group of FirstBank volunteer employees in […]
First BanCorp, the parent company of FirstBank Puerto Rico, reported net income of $70.6 million, or $0.33 per diluted share, for the second quarter of 2021, up 231% from the $21.3 million, or $0.09 per diluted share on record for the same year-ago quarter. The quarter includes a net benefit of $26.2 million recorded to […]
Looking to simplify banking processes so that customers may access the bank “easily and securely,” FirstBank is now offering contactless technology and a new mobile app to manage its Beyond credit cards. The financial institution is also launching its digital platform through which customers can apply for different credit products through its corporate website. “Because […]
The Puerto Rico Homebuilders Association bestowed its “Banker of the Year” award to Alexis Aguiar, first vicepresident of FirstBank’s corporate banking division, the bank announced. The Association assigns the award for excellence in the person’s performance and their contribution in the construction industry, in the community and in Puerto Rico’s economic development. The award ceremony […]
The coronavirus pandemic has had a significant impact on people’s health and the economy, with small business owners and nonprofits being the most affected sectors. To continue to support these groups, FirstBank, in conjunction with the Federal Home Loan Bank of New York (FHLBNY), announced that they will be granting $240,000 to 40 entities in […]
Technological innovations not only transform, evolve and improve certain products or services; they also drive economic growth. To achieve such innovation, companies need to walk the talk and pave the road to success for other entrepreneurs in their economic landscape. Some actions in that direction include promoting good concepts, enabling support networks and providing adequate […]
First BanCorp., the bank holding company for FirstBank Puerto Rico (reported net income of $2.3 million, or $0.01 per diluted share, for the first quarter of 2020, compared to $36.4 million, or $0.16 per diluted share, for the fourth quarter of 2019, and $43.3 million, or $0.20 per diluted share, for the first quarter of […]
Two of Puerto Rico’s main banks unveiled different measures over the weekend to help customers whose finances have been affected by the lockdown and mandatory curfew in place since Mar. 15, offering moratoriums and online help. FirstBank announced automatic stays on loan payments, offering qualifying clients the benefit for the months of April, May and […]
Acknowledging the economic impact of the emergency situation Puerto Rico is experiencing as a result of the coronavirus (COVID-19), FirstBank announced an economic relief plan for personal loans, credit cards, auto financing, credit lines, small personal loans to through Money Express, home loans, and commercial loans and credit lines. To get information about the terms […]
As part of the Women’s Week celebration, FirstBank female employees, together with a group from Realtors, joined Habitat for Humanity of Puerto Rico’s “Women Build” initiative for the second phase of the rehabilitation of a family home in the town of Loíza. “At FirstBank, we remain committed to collaborating with Habitat for Humanity of Puerto […]
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