Different workshops relevant to the needs of entrepreneurs will be offered.
In connection with the transaction, Popular will add some 165 employees and contractors from Evertec.
The goal is to 40 companies with tools to boost their business volume.
Any individual resident of Puerto Rico may invest in this Fund.
The project will be financed through a capital investment made by Banco Popular.
The most recent quarter is compared to the last quarter of 2021, when Popular Inc. reported net income of $206.1 million.
The final settlement of the ASR Agreement is expected to occur no later than the third quarter of 2022.
The transaction is expected to close on or about June 30, 2022.
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $206.1 million for the fourth quarter ended Dec. 31, 2021, compared to net income of $176.3 million in the same period in 2020. The financial institution also reported net income of $934.9 million for the year 2021, compared to net income […]
SPONSORED POST Popular announced today the launch of a new digital platform where small business owners can apply for loans and lines of credit in an agile and convenient way. The platform includes an innovative, secure system designed so that customers can manage and check the status of their application online at any time, simplifying […]
This edition of Climbing the Corporate Ladder reports on executive appointments in a cross-sector of industries in Puerto Rico. Popular names COO, chief legal officerPopular Inc. announced the appointment of Javier D. Ferrer as COO and head of business strategy. It also named José R. Coleman-Tió as executive vice president, chief legal officer and general […]
Puerto Rican boxer Félix “Tito” Trinidad-García and his father, Juan Félix Trinidad-Rodríguez, are suing Popular Inc. — parent company of Banco Popular de Puerto Rico — for no less than $175 million in damages. In the lawsuit filed in the US District Court for the District of Puerto Rico, the Trinidads are “seeking fair and […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2021/10/Ignacio-Alvarez-10.21.21.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSPopular Inc., the parent company of Banco Popular de Puerto Rico (BPPR), reported net income of $248.1 million for the quarter ended September 30, 2021, up $79.7 million in comparison to the $168.4 million reported for the same year-ago quarter. “The third quarter was another […]
Popular Inc., parent company of Banco Popular de Puerto Rico, reported $218.1 million in net income for the second quarter ended June 30, 2021, compared to the $127.6 million on record for the same period in 2020, representing $90.5M in year-over-year growth. The most recent figure compares to $262.6 million in net income reported for […]
Popular Inc. announced that, upon completion of the second round of the Paycheck Protection Program (PPP) on May 31, 2021, it had processed nearly 50,000 loans, originating $2.1 billion in both rounds of the program. Popular said during the second PPP round, which began on Jan. 19, it processed approximately 20,500 loans totaling $673 million […]
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