Finance

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  P.R. Treasury Halts $219M in Federal Covid-19 Payments Fraudulently Claimed

  Illegal Applications for $1,200 Payments Likely Result of Off-island Identity Theft Ring, Parés says ...

  • Posted December 24, 2020
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  $1.4B Refunding Bond Issue ‘Does Little’ to Improve Prasa’s credit, Moody’s Says

  Further Water Utility Debt Restructuring Possible Under Promesa, Credit Rating Agency Notes

  • Posted December 21, 2020
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  Oversight board calls for local cooperation to complete mandate

  Natalie Jaresko, stressed that “everyone agrees” that FOMB should “finish its mandate as soon...

  • Posted December 19, 2020
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  SBA Awards Puerto Rico Trade & Export Co. $385K to Expand Opportunities for Small Businesses

  Funding comes from part of State Trade Expansion Program

  • Posted September 29, 2020
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  Facebank points to credit rating as proof of stability amid pandemic

  Expands global reach through electronic banking

  • Posted September 10, 2020
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  Puerto Rico, New York District Attorneys Tackle Financial Crimes

  While the Puerto Rico DA looks at possible ponzi scheme, New York DA accuses...

  • Posted September 3, 2020
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  FirstBank’s integration of Banco Santander to be completed next year

  First BanCorp CEO: Customers from both financial institutions can use ATMs free of charge

  • Posted September 1, 2020
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  USDA awards $632,000 as part of Renewable Energy Program in rural Puerto Rico

  Investment to help farmers, ranchers, and rural small business in developing renewable energy systems...

  • Posted August 24, 2020
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  Popular Auto chief José Arbona to retire Sept. 30

  Bank veteran Antolín Velasco to take helm of vehicle financing, leasing subsidiary

  • Posted August 24, 2020
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  CPA Society to host Friday forum on P.R. credit unions

  Will discuss FOMB fiscal plan impact on cooperative savings and loans institutions

  • Posted August 20, 2020