First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Tuesday it has entered into a definitive agreement to sell a portfolio comprised of mostly non-performing and classified commercial loans and real estate owned totaling $199.8 million of unpaid principal balance, or $150.1 million of book value, for $87.6 million in cash or 43.8 percent of the unpaid principal balance of the assets.
Seaborne Airlines and JetBlue Airways announced Tuesday they have finalized terms to begin a codeshare marketing relationship, expanding upon the carriers' interline agreement in place since 2013.
Just a month after the launch of its native application for iPad, Banco Popular announced Tuesday the integration of a new feature that allows customers to check balances and locate branches and ATMs through the Apple Watch, becoming the first financial institution in Puerto Rico to make that function available.
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