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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.
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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.
Your mother might have had a Christmas club account. You might remember her faithfully depositing $5 or $10 a week all year long to save up for the holidays. This simple method of saving reached ...
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]
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.
He also founded the management consulting firm FXFY in Puerto Rico. [ 1 ] [ 2 ] The Bank, which officially launched its services in October 2021, was established with the aim of allowing individuals and businesses in developing countries to apply for a US bank account and debit card remotely, without needing to be a US citizen or resident, to ...