Banking

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  Banco Popular ready to face Covid-19-fueled recession

  Popular Inc. CEO says bank has sufficient reserves for ‘dramatic’ downturn

  • Posted May 6, 2020
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  After false start, Puerto Rico credit unions enter race for second round of SBA emergency loans

  Despite obstacles, issue $9 million in PPP financing to SMEs

  • Posted May 3, 2020
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  Federal Home Loan Bank Of New York Announces COVID-19 Relief Program

  Includes combination of charitable donations, grants, subsidized advances and $1 billion in disaster relief...

  • Posted May 1, 2020
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  First Bancorp reports net income of $2.3 million

  Q1 EPS of $0.01 vs $0.20 for year-ago quarter

  • Posted May 1, 2020
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  Popular Inc. announces $34.3 million in net income for Q1

  Results reflect impact of measures related to Covid-19 pandemic

  • Posted May 1, 2020
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  Puerto Rico to Gradually Restart Economic Activity

  Governor Keeps Curfew until May 25; Announces Certain Services, Businesses Can Begin to Operate...

  • Posted April 30, 2020
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  Puerto Rico Mortgage Bankers Call for Lifting Restrictions Holding up $100 Million in Loan Closings

  Submit Protocol to Governor for Safe Handling of In-person Transaction Amid Covid-19 Crisis

  • Posted April 28, 2020
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  Local SMEs Await Second Round Emergency SBA Loans

  Banks Issue About $700 Million in Financing Before Program Funding Exhausted

  • Posted April 18, 2020
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  Puerto Rico Gov Enacts Voluntary Moratory Law

  Bank Customers May Request Delaying Loan Payments Through June

  • Posted April 15, 2020
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  SBA, Treasury Begin to Distribute Coronavirus Bill Funds

  $349 Billion in Emergency Small Business Capital Cleared

  • Posted March 31, 2020