OFG Bancorp recently announced that its Oriental Bank subsidiary has become the first financial institution in Puerto Rico to launch a mobile banking app for commercial clients.
Puerto Rico’s two largest banks — Banco Popular and Oriental — confirmed separately on Friday that they’re working to reduce their exposure to risk associated with the island’s government, which they have financed in different ...
The Puerto Rico central government is facing pressure to “act with more conviction and with more urgency” to address its dwindling liquidity, crushing debt and anxiety building up over the island’s fiscal problems.