Moody's Investors Service zeroed-in on several members of Hato Rey's Golden mile Tuesday, placing on review for downgrade certain ratings of three Puerto Rican banks, including Banco Santander Puerto Rico, Banco Bilbao Vizcaya Argentaria Puerto Rico and Popular Inc.
Banco Popular’s “Echar Pa’lante” institutional campaign, launched five months ago, is entering a new phase this year that calls for developing a long-term blueprint to foster entrepreneurship and education to help drive Puerto Rico’s individual and collective growth.
After suffering several years of substantial losses locally and stateside, Banco Popular has “solidified its capital base” and is “now poised to build upon its dominant position in Puerto Rico while returning its mainland operations to profitability,” investment banking firm B. Riley said in a report released Wednesday.
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