FirstBank has granted a $5.1 million loan to Manatí Medical Center to finance the extension and renovation of its Emergency Room, in support of its consistent growth in the northern part of the island.
First BanCorp. announced Monday that its subsidiary, FirstBank Puerto Rico, sold on March 10, 2017 its outstanding participation in a line of credit to the Puerto Rico Electric Power Authority (PREPA), reducing its direct exposure to Puerto Rico government related credits.
The U.S. Department of Agriculture has approved a $1 million loan to the Puerto Rico Economic Development Bank for job promotion in rural areas.