OCIF ends probe of UBS Bank USA’s Puerto Rico dealings
December 23, 2013
The Office of the Financial Institutions Commissioner announced it has entered into an agreement with Utah-based UBS Bank USA through which the latter will transfer a securities-backed loan portfolio worth $562 million to UBS Financial ...
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SBA lending in Puerto Rico, USVI up 8% in FY 2013
November 7, 2013
The U.S. Small Business Administration supported more than $75 million in loans to Puerto Rico and U.S. Virgin Islands small businesses during fiscal year 2013, an 8 percent increase over fiscal year 2012, the agency ...
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SBA: Fiscal ’13 is 3rd highest year of lending to date
October 30, 2013
The U.S Small Business Administration announced Tuesday that it has reached its third highest year of lending to date, surpassed only by two record years of supporting more than $30 billion in Fiscal 2011 ...
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