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The Muñoz Rivera 200 building marks Banco Popular’s latest expansion along the Golden Mile, continuing a presence that began with the opening of Popular Center in 1965.
Though interest income from its loan portfolio fell by $8.3 million, Banco Popular de Puerto Rico said higher average volumes in the mortgage and auto segments helped offset the decline.
Popular Re, which launched in 2022, is integral to Popular Inc.’s risk management strategy, providing reinsurance for various property and casualty lines.