OFG Bancorp announced its first Digital Annual Report site, including a video message by its president.
Oriental announced the launch of its new online service, “Mis Pagos,” through which customers will be able to make payments to loans and credit lines through the bank’s website with a checking or savings account, or credit or debit card from any financial institution.
OFG Bancorp reported results for the fourth quarter and year ended Dec. 31, 2017, which reflected net income available to shareholders increased to $13.6 million, or $0.30 per share fully diluted, from a net loss of $146,000, or $0.00 per share, in 3Q17. OFG reported net income of $12.1 million, or $0.27 per share fully diluted, in 4Q16.
Oriental Bank has launched SecurLOCK, a free mobile phone app (for iOS and Android) that customers can use to control and protect credit and debit cards.
Oriental announced it has begun to introduce a next generation of ATMs incorporating two-way, real-time audio-video communication with live tellers.
The impact of the back-to-back hurricanes — Irma and María — on the island has pushed Puerto Rico to “finally hit bottom,” said José Rafael Fernández, CEO of Oriental Financial Group Wednesday, upon announcing the bank’s third quarter results.
Five weeks after Hurricane María pummeled Puerto Rico, about 72.6 percent of local bank branches, or 228, have resumed operations, according to data from the Office of the Financial Institutions Commissioner.
Puerto Rico has been living through a storm for the past 12 years, and as with every storm, it has experienced different levels of intensity. But the current circumstances have to be handled quickly to be able to build the Puerto Rico that is needed, said José Rafael Fernández, CEO of Oriental Financial Group.
Three of the island’s largest banks announced their operating schedules for Tuesday, when limited service will be offered throughout Puerto Rico.
OFG Bancorp announced that its Oriental Bank subsidiary will not charge late-payment fees for September loan payments, extending the grace period for a maximum of another 30 days.
Upon releasing second quarter results, Oriental Financial Group President José Rafael Fernández said despite solid performance, there is a “great deal of uncertainty” moving forward about the economic impact from Puerto Rico’s fiscal restructuring.
Oriental announced Monday its Quick Deposit service will be available in 22 additional full-service ATMs, for a total of 47 throughout the island.
Oriental Bank announced Tuesday the second phase of its institutional campaign called “Vive,” a $1.5 million marketing and advertising effort that extends the theme that has identified the financial institution for the past several years.
Biz2Credit, a fintech provider to global financial institutions, announced Thursday its partnership with Oriental Bank to develop a digital lending platform for the bank’s commercial clients.
Oriental bank announced Monday the availability of a new channel to apply for personal loans, through www.orientalbank.com.
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