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R-G Premier Bank of Puerto Rico Closed by Regulators

April 30 (Bloomberg) -- R-G Premier Bank of Puerto Rico in Hato Rey was closed today by the Office of the Commissioner of Financial Institutions of the Commonwealth of Puerto Rico, which appointed the Federal Deposit Insurance Corp. as receiver.

The FDIC entered into a purchase and assumption agreement with Scotiabank de Puerto Rico in San Juan to assume all of the deposits of R-G Premier Bank of Puerto Rico.

Link to Company News:{3688Z US <Equity> CN <GO>}

To contact the editor responsible for this story: Vivek Shankar at vshankar3@bloomberg.net

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