Federal gov’t extends credit line to P.R. gov’t for disaster loans
July 20, 2018
Puerto Rico Gov. Ricardo Rosselló confirmed that the federal government, through the Federal Emergency Management Agency (FEMA), signed the agreement to have access to Community Disaster Loans.
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Popular makes regulatory filing to acquire Reliable Financial’s assets
June 5, 2018
Four months after announcing it had agreed to acquire Wells Fargo’s auto finance business in Puerto Rico, which operates as Reliable Financial Services Inc., Banco Popular de Puerto Rico confirmed it has filed a notice with the Federal Reserve System to close the deal.
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FEMA OKs $194M+ in grants, $59M in loans for P.R. recovery
May 25, 2018
The Federal Emergency Management Agency recently awarded more than $194 million in additional Public Assistance grants for Hurricane María recovery in Puerto Rico.
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