Amid bank mergers, a global economic recession, sector going strong in Puerto Rico
December 28, 2023
Long-standing CEOs delve into topics such as the future of the banking sector and their forecasts for industry development. #NewsismyBusiness
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Puerto Rico businesses, consumers weary of island’s economic panorama
March 3, 2023
Energy costs, persisting worker shortage and Puerto Rico’s tax load are the three main concerns.
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Moody’s: PR banks can handle 2 yrs of recession stress
September 9, 2016
Three of Puerto Rico’s main banks — Banco Santander Puerto Rico, Popular Inc. and FirstBank Puerto Rico — banks can absorb further asset quality stress resulting from Puerto Rico’s recession for at least two more years, Moody’s Investors Service said in a report released Thursday.
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