Popular’s ‘Progreso Económico’: Tourism, bright spot in economy
February 1, 2013
Puerto Rico residents are driving the island’s tourism sector, checking into island hotels and paradores (small inns) at a faster rate than outside visitors and keeping the sector afloat despite the somber economic scenario, Banco Popular’s most recent edition of the “Progreso Económico” report concluded.
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Popular Inc. reports $83.9M in 4Q net income
January 25, 2013
Popular Inc. reported net income of $83.9 million for the quarter ended Dec. 31, 2012, nearly twice the $47.2 million in net income reported for the prior quarter ended Sept. 30, 2012.
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Fitch completes review of 4 banks, predicts tough road ahead
January 18, 2013
Fitch Ratings announced Thursday it had completed its review of four rated Puerto Rican Banks — Doral Financial Corp., First BanCorp, Popular Inc. and Santander Bancorp — adjusting and affirming its ratings and outlook for each financial institution.
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