In an effort to promote self-sufficiency in Puerto Rico, FirstBank announced Thursday it has partnered with the Salvation Army's Pathway of Hope program with a donation to help the nonprofit work with six vulnerable families receiving their services in the cities of Guayama and Arroyo.
Because 100 percent of the materials in mobile phones are recyclable, since 2014 FirstBank has been collecting devices at its branches as part of its social responsibility program called “Uno con el Ambiente.”
Moody's-rated Puerto Rican banks, Banco Santander Puerto Rico, Banco Popular de Puerto Rico and FirstBank Puerto Rico have improved their capitalization, reserves and core funding in the face of protracted economic recession in the Commonwealth of Puerto Rico, Moody's Investors Service said in a new report released Thursday.
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