The Puerto Rico & U.S. Virgin Islands district office of the U.S. Small Business Administration honored José A. Irizarry, president of Centro Gomas del Oeste, with the 2013 Puerto Rico Small Business Person of the Year Award, during the closing ceremonies of Small Business Week on the island late last week.
“Emotions” — or the transformation of a frame of mind, typically accompanied by physiological and behavioral changes in the individual — is the title of FirstBank’s new brand campaign, representing the evolution of its previous institutional efforts.
FirstBank Puerto Rico has entered into three separate agreements to sell a total of $532 million bad commercial loans with a book value of $315 million, for $201 million, or 38 percent of the unpaid principal balance.
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