Hurricane María’s devastating impact on Puerto Rico could eventually ring positive for the island’s economy, which has been crippled by a 12-year recession and the recent catastrophic storm.
Two of the island’s major banks, Banco Popular and FirstBank, stepped up Tuesday to help consumers during the hurricane-invoked emergency, offering three-month moratoriums a number of payments, including on mortgages and credit cards.
Three of the island’s largest banks announced their operating schedules for Tuesday, when limited service will be offered throughout Puerto Rico.