OFG Bancorp’s ’18 digital annual report available online
March 29, 2019
OFG Bancorp announced that its 2018 digital annual report is now available online. Designed for viewing on all platforms, it features a video letter to shareholders by OFG Bancorp President José Rafael Fernández. It also includes animated and downloadable summaries of 2018 financial highlights and service innovations, and PDFs of its “wrap 10-K” print annual […]
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Oriental donates $60K to CAP Foundation
March 18, 2019
As part of its commitment to the community, Oriental made a donation of $60,590.65 to the CAP Foundation, during the “Uniendo Cabezas” event, a shave-a-thon in solidarity with pediatric cancer in Puerto Rico. “Following a survey we conducted among our 1,500 employees as part of our ‘Manos Oriental’ volunteer program, we decided to join the […]
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OFG Bancorp reports $23.1M in net income in 4Q18
January 23, 2019
OFG Bancorp reported net income of $23.1 million, or $0.45 per fully diluted share, compared to $19.6 million during the third quarter of 2018, or $0.42 per share and the same year-ago quarter, when it made $13.6 million or $0.30 per share. For the year ended Dec. 31, 2018, the financial institution reported net income […]
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Op-Ed: Financial stability during retirement
December 28, 2018
To maintain your lifestyle level when you retire, you will need to receive approximately 70 percent of the income you earned while working.
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Oriental brings back ‘Plaza Urbana’ to support local entrepreneurs
December 5, 2018
For the fifth consecutive year, Oriental will celebrate its “Plaza Urbana Oriental” on Dec. 7.
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Oriental launches new ACH services for commercial customers
November 7, 2018
Oriental Bank announced the availability of ACH Positive Pay and ACH Same Day services for its commercial customers.
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Oriental’s 3Q18 results buoyed by rebuilding, investment activity in P.R.
October 22, 2018
A rebound by Puerto Rico’s individual and business consumers is fueling growth at Oriental, which reported net income available to shareholders of $19.6 million or $0.42 per fully diluted share during the third quarter of this year.
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How can you benefit from a certificate of deposit?
September 28, 2018
Do you know that a certificate of deposit (CD) have many benefits for you? Whether you want to save money or invest your money, a CD is a great option.
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Oriental, WindMar Home join to offer financing service in P.R. for solar energy
September 5, 2018
Oriental announced an alliance with renewable energy company, WindMar Home, to offer —the first time in Puerto Rico — financing for solar energy products.
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Oriental awards $46K in college scholarships to employees’ children
August 7, 2018
Oriental announced it has awarded $46,000 to college students as part of its internal scholarships program for employee’s children.
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Oriental Financial group reports $16.2M in 2Q18 net income
July 23, 2018
OFG Bancorp revealed that for the second quarter ended June 30, 2018, it had net income available to shareholders of $16.2 million, or $0.35 per fully diluted share, compared to the first quarter’s $13.5 million and $13.6 million, equal to $0.30 per share, for the second quarter of 2017.
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Oriental Bank slashes wait times by half at its branches
June 20, 2018
OFG Bancorp’s Oriental has significantly reduced wait times in its bank branches and increased the speed of customer service over the last year with the help of BookingBug, a platform that offers appointment scheduling, queuing and event capabilities.
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Oriental launches commercial credit online platform for SME’s
June 5, 2018
Oriental Bank has launched a new digital platform that seeks to make it “fast and easy” for small and medium-sized Puerto Rico businesses to apply for and manage commercial credits through the life cycle of their relationship.
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Oriental hosts leadership program for P.R. college students
April 27, 2018
For the third year in a row, Oriental partnered with Enactus Puerto Rico to offer the nonprofit’s leadership program for local college students.
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OFG CEO: Gov’t, OBoard clash over Fiscal Plan could choke federal fund flow
April 23, 2018
The clash between Gov. Ricardo Rosselló’s administration and the Financial Oversight and Management Board for Puerto Rico over the implementation of the federally appointed entity’s Fiscal plan could unleash a protracted court fight and generate uncertainty about flow of federal aid to the island.
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