First BanCorp wraps $402M credit card portfolio purchase
June 1, 2012
First BanCorp, the parent company for FirstBank Puerto Rico, announced it completed Thursday its purchase of a $402 million FirstBank-branded consumer credit card portfolio from FIA Card Services, N.A. and an affiliate.
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First BanCorp reports 1Q ’12 net loss, announces $400M credit card portfolio deal
May 8, 2012
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Monday a net loss of $13.2 million for the first quarter of 2012, which included a non-cash charge of $6.2 million related to equity in losses of unconsolidated entities.
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FirstMortage reports 8% loan production growth in ’11
May 3, 2012
FirstMortgage, FirstBank’s mortgage division, is following the strategic plan it laid out for itself last year to improve its market standing by focusing on three areas: customer service, streamlining procedures and improving efficiency in the loan origination and closing process.
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