Puerto Rico banks, financial institutions inform special lockdown measures
March 16, 2020
Given the crisis that Puerto Rico is experiencing due to the coronavirus (COVID-19) preventive lockdown, several major banks and financial institutions are taking special measures to attend to customers, mostly remotely. The Puerto Rico Bankers ...
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Puerto Rico credit union regulator OKs moratoriums to businesses affected by shutdown
March 16, 2020
The Public Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as Cossec, authorized credit unions to offer loan moratoriums to its members, according to its regulations. Pedro Roldán-Román, interim CEO of Cossec, ...
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Puerto Rico’s credit unions ‘open and alert to COVID-19’
March 16, 2020
Given the emergency situation that Puerto Rico faces, credit unions will continue to operate during limited hours, with strict prevention measures, and offer their services online as usual, Credit Union Executives Association Executive Director José ...
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