The CAE property-tax-backed bank note follows San Juan’s $122 million bond sale, which drew 18 times the demand and proved the municipal-finance model
Popular Business Access brings payments, collections and account management into one digital channel
Revenue rose 24% as Latin America, led by Brazil, now supplies about half the business, a model of profitable export growth for island firms that rarely look beyond the local market
The new cryptocurrency, known as STPS, is available through the decentralized exchange Uniswap
Humberto González, a veteran of Banco Popular and Citibank, will lead corporate lending as the bank pushes deeper into commercial real estate and business financing
A public platform replaces five outdated reporting systems, cuts duplicate filings for banks and gives economists, lenders and the public current data to inform lending, investment and expansion decisions across the island
The allocation will boost their capacity to offer consumer, mortgage, and small business loans
Evertec’s transformation is geographic, cultural and strategic
Tomás Niembro led a $24.9 million theft through fake investments and shell companies, then arranged illegal transactions with Venezuela-linked individuals to evade U.S. sanctions
