Oriental Bank’s corporate banking division recently granted Puerto Rican company Bettina Cosmetics Inc. a loan exceeding $1.4 million, in keeping with its goal of supporting the island’s economic development.
Less than a year after launching, Oriental’s check-image deposit service, “FotoDepósito” has generated more than $1 million in transactions from customers using their smartphones to interact with the bank, officials said Wednesday.
Oriental Bank and the Ana G. Méndez University System recently signed an agreement whereby the bank will provide management and advisory services to the institution on its 401K retirement plan.