Fitch: P.R. bank ratings reflect Commonwealth’s woes
July 19, 2016
Following the Commonwealth of Puerto Rico's default, ratings for the island's two main banks, Popular (BPOP) and First BanCorp (FBP), will not be immediately affected, according to Fitch Ratings.
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China focuses on funding LatAm infrastructure projects
February 26, 2016
Last year, despite sluggish economic growth in China that has made worldwide headlines, funding by CDB and the China Export-Import Bank reached a near-record $29 billion.
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Fed interest rate hike likely not to impact P.R. economy
December 17, 2015
The decision announced Wednesday by the Federal Reserve System to increase interest rates by 25 basis points “does not represent a significant impact” on Puerto Rico’s economy or for bank customers.
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