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Popular, Inc. headquarters in the Golden Mile of Hato Rey, Puerto Rico.. The bank was founded in Puerto Rico in 1893 when the island was still under Spanish administration. It was led in its early stages by Rafael Carrión Sr. and Don Manuel Muñoz Barrios, the latter of which was the company's first president and administrato
Autoridad para el Financiamiento de la Infraestructura de Puerto Rico: AFI: Banking: Caño Martín Peña ENLACE Project Corporation: ENLACE: Corporación del Proyecto ENLACE del Caño Martín Peña: ENLACE: Real estate: Cardiovascular Center of Puerto Rico and the Caribbean Corporation: CCPRCC: Corporación del Centro Cardiovascular de Puerto ...
March 10 – 2024 Puerto Rico Republican presidential primary [2] April 3 – The United States Army Corps of Engineers begins dredging the San Juan Bay to open space for a new natural gas terminal that is expected to add $400 million to the local economy. [3] 5 May – Rains occur in Puerto Rico, where planes are landed in San Juan to reroute ...
On December 25, 2024, the Center for Investigative Journalism (CPI) filed a lawsuit against the State Election Commission (SEC) for failing to provide information requested by several journalists on election day. [24] Final certifications are due on December 26, 2024, by the Puerto Rico State Commission (CEE). [25]
The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government of Puerto Rico.
On June 29, 1993, it acquired Caribbean Federal Savings Bank of Puerto Rico, [3] followed by the Fajardo Federal Savings Bank [4] on August 5, 1998, then Continental Capital Corp. [5] on October 7, 1999, and finally Crown Group, Inc. [6] on June 7, 2002.
Mayagüez, Puerto Rico, March 1, 1958; 66 years ago () Defunct: April 30, 2010; 14 years ago () Fate: The Office of the Commissioner of Financial Institutions of Puerto Rico seized it and appointed the FDIC to become the failed bank's receiver. The FDIC sold the deposits and assets to Banco Popular de Puerto Rico. Successor
The Bank continued its growth and by 1961 it already had offices and branches in New York City. 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 ...