Foreclosures could spike by year’s-end as loan moratoriums expire
June 22, 2018
Puerto Rico property owners could face higher foreclosure levels after moratoriums on loan payments provided by local banks after Hurricane María expire in coming months, executives at FirstBank predicted Thursday.
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Regulator: P.R. insurers have paid $2.5B+ in claims, advances
June 8, 2018
Puerto Rico’s property and contingency insurers have paid more than $2.5 billion in claims and advances to the local policyholders for damages following hurricanes Irma and María as of April 30, 2018.
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Oriental launches commercial credit online platform for SME’s
June 5, 2018
Oriental Bank has launched a new digital platform that seeks to make it “fast and easy” for small and medium-sized Puerto Rico businesses to apply for and manage commercial credits through the life cycle of ...
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