Scotiabank Puerto Rico launches mobile ‘app’
February 22, 2012
Jumping on the ever-growing mobile banking trend, Scotiabank Puerto Rico this week launched its own “app” for smartphones and tablet computers to gives its more than 400,000 island customers access to their accounts.
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Scotiabank offers to pay closing costs through novel mortgage-refinancing program
January 31, 2012
Refinancing a property is usually an expensive proposition that entails costly appraisals as well as fees that can add up to thousands of dollars, which often hold home owners back from reworking their loans to take advantage of dropping interest rates.
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Urban Train becomes mobile advertising vehicle
November 17, 2011
If you happen to see the Urban Train zip by looking like it has been the target of graffiti, fret not. Starting this week, the mass transportation system will begin pulling double-duty as a rolling billboard, with the addition of “wrap around” advertising.
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R-G Premier Bank rebranding as Scotiabank as of Nov. 14
November 4, 2011
Eighteen months after purchasing the failed R-G Premier Bank, Scotiabank of Puerto Rico will culminate the merger of both institutions by closing all of its 46 branches and central offices next Thursday afternoon and reopening them Monday, Nov. 14, upon completion of the integration.
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Sunday schedule for banks mixed bag; Scotia, FirstBank open, BPOP closed
September 11, 2011
Scotiabank de Puerto Rico will keep its Plaza Las Américas branch closed today, due to weather conditions and for the safety of its employees and clients, bank officials announced.
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Treasury collections up 26% in July, manufacturing activity drops below acceptable threshold
September 2, 2011
The public and private sectors released sharply contrasting economic productivity reports Thursday that on the one hand claimed an increase in public revenue collections, while on the other denoted a significant contraction in manufacturing sector activity.
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Returning to ‘economics 101’ principles key to rebounding, growth
August 30, 2011
World economies that are either stagnant or not growing as much as they should need to go back to basics, build upon their resources and take stock of what they have to offer the rest of the planet to be able to move forward.
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Scotiabank ready to expand local footprint
July 13, 2011
Scotiabank de Puerto Rico’s successful takeover of R-G Premier bank’s failed assets some 15 months ago was “the best decision” the institution could have made, as it has increased its customer base tenfold and opened the door to expanding its footprint, high-ranking officials said during a roundtable discussion with members of the local media.
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Wright steps down as Scotiabank CEO, moves to Canada operations
June 10, 2011
Troy Wright, who steered Scotiabank de Puerto Rico through last year’s acquisition of R-G Premier Bank’s failing assets, is stepping down as CEO to join Scotiabank Group's operations in Canada as executive vice-president, retail distribution, Canadian banking, effective July 18.
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Scotiabank grants $1.5M loan to build ‘green’ pharmacy in Río Grande
May 18, 2011
Local drugstore operator Farmacia Sally has secured a $1.5 million loan from Scotiabank de Puerto Rico to build a second location in Río Grande that will be completely “green,” company officials said.
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Commercial bank assets drop 15.6% in ’10 while brokerage houses, cooperatives shine
February 28, 2011
Puerto Rico’s main banks had more than $75.6 billion in combined assets at the end of 2010, reflecting a year-over-year drop of 15.6 percent, according to a report released by the Office of the Commissioner of Financial Institutions.
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