The Financial Stability Index of commercial banks in Puerto Rico, prepared by Estudios Técnicos Inc., shows a strengthening in the banking industry this year, mainly due to an improvement in its liquidity and increases of ...
The government of Puerto Rico will go broke by Oct. 31 unless the U.S. Department of Treasury approves an injection of between $4 billion and $6 billion that the local Treasury Department has requested.
The Puerto Rico Government Development Bank released Monday its latest liquidity report showing the agency had $777.8 million left as of May 31, representing a 24 percent drop from the $1.02 billion it had in ...