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The 1970s also saw a giant step in the development of Banco Popular as Puerto Rico's biggest bank, when it bought two-thirds of the Banco de Crédito y Ahorro Ponceño. [citation needed] Through this purchase, Popular entered the credit-card industry. During the following decades, Banco Popular put great of emphasis on the company's public image.
Banco Popular or Banco Popolare may refer to: Popular, Inc., the bank based in Puerto Rico doing business as Banco Popular; Banco Popular Español, ...
Chafey began his career at Banco Popular in 1980 as vice president of the Investment Division and became senior vice president of the Investment Group in 1985. He was appointed CFO in 1990, in charge of the Financial Management Group, senior executive vice president in charge of Retail Banking Group in 1995, and president of Banco Popular de Puerto Rico in 2004.
Doral Financial Corporation was a Puerto Rico based diversified financial services company founded in 1972. [5] In 1999 it established its first branch in New York. [ 6 ] Through its wholly owned subsidiaries, Doral Financial offered a variety of banking and insurance agency activities in Puerto Rico and the United States.
RG used to offer a full range of financial services in Puerto Rico and the State of Florida through its wholly owned subsidiaries. Its main subsidiaries were RG Premier Bank , a business and consumer financial services company offering banking services, trust and brokerage services , and various types of loans, and RG Mortgage , which was one ...
Banco Crédito y Ahorro Ponceño was founded on 1 January 1895, [5] [6] and it prospered significantly during the first half of the twentieth century. The bank built its first and main branch in downtown Ponce in 1924, the same that the younger Banco de Ponce had built an equally impressive main office next to Banco Crédito's property. [7]
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.
The Puerto Rico Department of Correction and Rehabilitation (Departamento de Corrección y Rehabilitación de Puerto Rico) is the law enforcement executive department of the government responsible for structuring, developing, and coordinating the public policies in Puerto Rico, an unincorporated territory of the U.S.