Oriental CEO José Rafael Fernández believes Puerto Rico has an economy that is “transitioning, from not only the aftermath of [Hurricane] María reconstruction, but also for the last 12, 13 years of economic contraction.” During a call with analysts to discuss its third quarter results, Fernández said while federal funds are trickling in, “there is […]
OFG Bancorp announced it has filed applications at four regulatory agencies for consent of its proposed acquisition of Scotiabank de Puerto Rico, according to public notices published Tuesday. The petitions to the Federal Reserve, the Federal Deposit Insurance Corp., the Puerto Rico Office of the Commissioner of Financial Institutions and the U.S. Virgin Islands Banking […]
Oriental recently granted $55,000 to university students as part of its internal scholarship program for employees’ children. The scholarships aim to benefit students in the areas of Science, Technology, Engineering, Mathematics and Business Administration. “In Oriental we support our employees in their most important investment, and we bet on youth investing in their educational development,” […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
