Oriental Financial Group’s banking division recently granted a $2.8 million loan to Alco High Tech Plastics, a manufacturing company in Corozal, through the Small Business Administration’s 504 program, it was announced Monday.
Álvaro Fischer, president of Fundación Chile, was recently invited to address entrepreneurs from Oriental Bank’s commercial banking division, on the topic of innovation in entrepreneurship and available opportunities for Puerto Rico’s economic development.
Oriental Financial Group reported Monday earnings of $20.3 million for the first quarter of the year, representing $0.42 per share diluted, compared to $16.6 million, or $0.35 per share diluted, in the preceding quarter, and $17.7 million, or $0.37 per share, in the first quarter of 2013.
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