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1928: First bank in Puerto Rico to offer personal loans without collateral. 1930: Popular acquired the Banco Comercial de Puerto Rico. This bank had begun in 1857 as Banco Español de Puerto Rico and changed its name to Banco de Puerto Rico in 1900. Then in 1913 it changed its name to Banco Comercial de Puerto Rico.
Instituto de Banca y Comercio was founded by Fidel Alonso-Valls in 1974 in the city of San Juan, Puerto Rico, where it only had two classrooms and 15 students. Initially, it was an institution specialized in preparing tellers for the banking industry in Puerto Rico. Hence its original name, International Banking School.
Mayagüez Mall is a shopping mall located in the municipalities of Mayagüez and Hormigueros.It is the third largest shopping center in Puerto Rico with a total of 1,050,000 square feet (98,000 m 2) [1] of retail space, and it is the main shopping center in western Puerto Rico.
Anthony "Tony" Tursi (February 16, 1901 – April 22, 1989) was an Italian-American organized crime figure associated with San Juan, Puerto Rico from the 1950s to the 1970s. . Within the history of crime in Puerto Rico, he attracted notice primarily for owning the notable nightclub La Rivie
The Office of the Commissioner of Financial Institutions of Puerto Rico—in Spanish: Oficina del Comisionado de Instituciones Financieras (OCIF)—is an office of the Department of Treasury of Puerto Rico that supervises and regulates Puerto Rico's financial sector to ensure its safety and soundness, as well as to oversee a strict adherence to all applicable laws and regulations.
By 1989, it had the largest number of branches of any Puerto Rican bank in mainland United States [5] and was the largest Hispanic bank in the United States by deposits. [6] In 1990, Banco de Ponce merged with Banco Popular creating Puerto Rico's largest bank. Upon the merge, Banco Popular's holding company changed its name to BanPonce Corporation.
FirstBank (stylized as 1 FirstBank), is a banking institution in Puerto Rico. The company is headquartered in San Juan, with branches there and in twenty-two other Puerto Rican cities. "1FirstBank Florida" includes branches in Miami, Boca Raton and Ft Lauderdale. [1] As of 2020, FirstBank had 8 branches in Florida. [2]
In 1930, Banco Popular purchased the oldest and most respected banking institution on the island, the Banco Comercial de Puerto Rico. With a total of $8.82 million in deposits in 1937, Banco Popular became the largest bank in Puerto Rico. In 1938, it became the first bank in Puerto Rico to offer FHA mortgage loans.