Puerto Rico’s credit unions have shown “solid performance” over the past five years, with an 8 percent growth in assets and membership growth of nearly 10 percent.
Santander Consumer USA Holdings Inc. announced that in 2016, it will be opening Santander Consumer International Puerto Rico, a new office and servicing center for certain performing loan portfolios.
The U.S. Small Business Administration approved $80.5 million in loans to small business in Puerto Rico and the U.S. Virgin Islands during fiscal year 2015, District Director Yvette T. Collazo announced Monday.