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Evertec Inc. is based in San Juan, Puerto Rico.
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.
Oriental operates a network of branches throughout Puerto Rico.
From left, Maritza Abadía, president of Banesco USA in Puerto Rico, and Calixto García-Vélez, president of Banesco USA
Ignacio Álvarez, CEO of Popular Inc., will retire on June 30, after leading the institution since 2017.