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October 08, 2015 9:38 PM ET


Company Overview of Oriental Bank

Company Overview

Oriental Bank offers commercial banking services. The bank was formerly known as Oriental Bank and Trust and changed its name to Oriental Bank in September 2003. The bank was founded in 1965 and is based in San Juan, Puerto Rico. Oriental Bank and Trust operates as a subsidiary of OFG Bancorp.

254 Munoz Rivera Avenue

15th Floor

San Juan, PR 00926

United States

Founded in 1965





Key Executives for Oriental Bank

President and Chairman
Age: 52
Compensation as of Fiscal Year 2015.

Oriental Bank Key Developments

OFG Bancorp's Oriental Bank Launches FOTOdeposito Service

OFG Bancorp has announced that its Oriental Bank subsidiary has launched FOTOdeposito, which enables clients to deposit checks for free through their smartphones and tablet devices. FOTOdeposito follows Oriental's launch in October of "Freedom Account" ("Cuenta Libre" in Spanish) the first product in Puerto Rico aimed at the growing number of high-tech customers on the Island who like to bank via mobile phone, tablet, web, debit /credit card, or ATMs; have little need to go into a branch and use a teller; and want to avoid costly A withdrawal fees. Oriental invested approximately $1.5 million to launch FOTOdeposito, including research, development and advertising. FOTOdeposito incorporates all the security measures and password encryption currently employed as part of Oriental's online banking platform.

Oriental Bank Launches Freedom Account

Oriental Bank has launched "Freedom Account" the first product in Puerto Rico aimed at the growing number of high-tech customers on Puerto Rico. the account is for customers who like to interact with their bank via mobile phone, tablet, web, debit /credit card, or ATMs and have little need to go into a branch and use a teller. Oriental has been rolling out Freedom Account in local markets over the last few weeks.

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Recent Private Companies Transactions

September 29, 2015
Oriental Bank, Certain Covered and Uncovered Non-Performing Commercial Loans

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