Company Overview of Banco Popular de Puerto Rico, Inc.
Banco Popular de Puerto Rico, Inc. operates as a commercial bank that provides retail and commercial banking services to corporate, and small and middle size businesses in Puerto Rico. It offers deposit accounts, certificates of deposit, account management services, individual retirement accounts, and financial advice for both individual and commercial customers. The company also offers consumer lending, auto and lease financing, and residual mortgage loan originations services. In addition, it provides trust and asset management, brokerage and investment banking, and insurance and reinsurance services. The company was founded in 1893 and is headquartered in Hato Rey, Puerto Rico. Banco Popu...
209 Muioz Rivera Avenue
Hato Rey, PR 00918
Founded in 1893
Key Executives for Banco Popular de Puerto Rico, Inc.
Chairman, Chief Executive Officer, and President
Chief Financial Officer and Director
Senior Vice President and Head of Consumer Lending
Compensation as of Fiscal Year 2014.
Banco Popular de Puerto Rico, Inc. Key Developments
Federal Reserve Board Announces Approval of Applications by Banco Popular de Puerto Rico
Feb 27 15
The Federal Reserve Board announced its approval of the applications by Banco Popular de Puerto Rico, Hato Rey, Puerto Rico, to acquire certain assets and assume certain liabilities from Doral Bank, San Juan, Puerto Rico, pursuant to section 18(c) of the Federal Deposit Insurance Act; and establish and operate branches at the locations of the acquired branches of Doral Bank, pursuant to section 9 of the Federal Reserve Act.
Banco Popular de Puerto Rico Presents at BAI Retail Delivery Conference, Nov-05-2013 through Nov-07-2013
Oct 31 13
Banco Popular de Puerto Rico Presents at BAI Retail Delivery Conference, Nov-05-2013 through Nov-07-2013. Venue: Denver, Colorado, United States. Presentation Date & Speakers: Nov-05-2013, Francisco Maldano, Senior Vice President and Manager of Commercial Loans, Operations. Nov-07-2013, Rachid Molinary, Vice President.
Banco Popular de Puerto Rico Reports Unaudited Net Interest Income Results for the First Quarter Ended March 31, 2013
Apr 18 13
Banco Popular de Puerto Rico reported unaudited net interest income results for the first quarter ended March 31, 2013. Net interest income amounted to $304.9 million for the quarter ended March 31, 2013, compared with $309.1 million for the previous quarter. The decrease was mainly related to the impact of fewer days on the commercial loans and the previously discussed effect of the covered loan portfolio. This decrease was partially offset by a 5 basis points reduction in the cost of interest-bearing deposits.
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