First BanCorp. announces sale of PREPA loan
March 14, 2017
First BanCorp. announced Monday that its subsidiary, FirstBank Puerto Rico, sold on March 10, 2017 its outstanding participation in a line of credit to the Puerto Rico Electric Power Authority (PREPA), reducing its direct exposure to Puerto Rico government related credits.
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FirstBank, Center for P.R. team up on Women’s Week
March 10, 2017
In the spirit of contributing to the business development of entrepreneur women, FirstBank, through its Community Reinvestment Unit, is sponsoring the Center for Puerto Rico’s “Women Entrepreneurship Program,” the organizations announced Thursday.
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FirstBank finances new Red Mango in Old San Juan
March 8, 2017
FirstBank has granted Red Mango franchisee Cheliz, Corp. an SBA 7(a) program loan to establish its 14th restaurant in Old San Juan, the bank announced Tuesday.
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