PYMNTS
OCTOBER 3, 2016
In 2010, Westernbank Puerto Rico, the country’s second-largest commercial bank, took a loss of more than $140 million on loans to a Florida businessman, 53-year-old Jack Kachkar, which contributed to its failure, according to the FDIC’s inspector general. Kachkar used his pharmaceutical company, Inyx Inc.,
Jeff For Banks
DECEMBER 16, 2022
and Puerto Rico banking laws and regulations. Founded in 1964, OFG's banking subsidiary, Oriental Bank , is one of Puerto Rico's largest banks, and is focused on the island and the U.S. five-year total return and #2 on the JFB Top 5! Well done! #3 Virgin Islands. of total revenues, respectively. five-year total return.
American Banker
APRIL 25, 2016
A decline in expenses and a modest rise in lending income boosted first-quarter profit at Popular in San Juan, Puerto Rico.
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