Oriental bank announced Tuesday the expansion of its ATM network with the addition of 85 new locations through an agreement with equipment provider Sharenet.
Oriental Bank on Wednesday said online banking usage is up by 60 percent, while mobile banking traffic has increased by 338 percent less than a year after launching its People Pay platform, exceeding initial expectations.
Oriental Bank is kicking off this year’s IRA push with a multimedia campaign focusing on changing the younger population’s perception of the savings tool, which is usually associated with the older customer.
Four Puerto Rico-based banks again made it into this year's “Best Banks in America” ranking released by Forbes magazine, with Oriental Bank receiving the highest rating among its peers.
OFG Bancorp was added to the Standard & Poor’s SmallCap 600 after the market close on Tuesday, S&P Dow Jones Indices announced.
José Rafael Fernández, president of OFG Bancorp and its subsidiary, Oriental Bank, headed a delegation of company employees and clients, to ring the closing Bell of the New York Stock Exchange Thursday, celebrating the bank’s 50th anniversary and the 20th anniversary of OFG Bancorp’s exchange listing.
As part of its 50th anniversary celebration, Oriental Bank unveiled Thursday its new corporate social responsibility platform dubbed “Social Innovation,” which pursues empowering communities to embark on entrepreneurship and economic growth.
Oriental Bank, a subsidiary of OFG Bancorp, announced Tuesday it is beefing up its Internet and mobile banking services with the launch of “People Pay,” and adding the ability for clients to open accounts online.
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.
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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