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 […]