All posts by José L. Carmona

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  Housing Dept. Makes Deal to Revitalize Vacant Las Gladiolas Site

  Partners with national developer McCormack Baron Salazar in $35.5M project for affordable housing

  • Posted August 4, 2016
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  Net Tax Revenues Increased 2.4% in Fiscal 2016

  But fell short 1.3% from revised tax revenue estimates

  • Posted July 29, 2016
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  Putting Promesa’s Pieces in Play

  Fiscal board to take charge over Puerto Rico’s fate

  • Posted July 28, 2016
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  Euromoney Names Santander Best Bank in Puerto Rico

  Ironically, Spanish bank announced closure of 8 island branches last week

  • Posted July 26, 2016
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  First Bancorp Posts $22 Million in 2Q Net Income

  SAN JUAN – First BanCorp, the bank holding company for FirstBank Puerto Rico on Tuesday reported net income of $22.0 million for the second quarter of 2016 (2Q16), or $0.10 per diluted share, compared with $23.3 million,...

  • Posted July 26, 2016
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  OFG Bancorp Posts $10.9M Net Income in Second Quarter

  New loan generation grew 5.1% versus previous quarter

  • Posted July 22, 2016
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  Delta, Seaborne Announce Codeshare Agreement

  Deal will enhance connectivity to and from US cities to Caribbean

  • Posted July 18, 2016
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  Auto Sales Jump 3.8% in June

  Third consecutive month of positive sales propelled by fleet purchases

  • Posted July 12, 2016
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  Popular Launches Samsung Pay, Android Pay in Puerto Rico

  Becomes first bank in Latin America to offer service

  • Posted July 12, 2016
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  Treausury Issues Guidance on Effectiveness of SUT Certificates

  Merchants with expired Certificate of Exemption have until Aug. 31 to renew them

  • Posted July 8, 2016