Oriental CEO: ‘The stars are aligning for Puerto Rico’s economic growth’
January 20, 2022
The confirmation of Puerto Rico’s debt restructuring plan is one of several positive circumstances that is positioning the island for an economic rebound in coming years, but which will require unity between the public and ...
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Banesco USA to get $238M from US Treasury’s Emergency Capital Investment program
December 21, 2021
Banesco USA announced has been approved to participate in the U.S. Department of the Treasury’s Emergency Capital Investment Program (ECIP), for which it is eligible to receive an investment of up to $237.5 million. With ...
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Puerto Rico’s banking industry continues to strengthen in past year
December 13, 2021
The Puerto Rican banking industry has continued to strengthen over the past year, supported by an increase in liquidity and the strengthening of asset quality. The Financial Stability Index for Commercial Banks in Puerto Rico, ...
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