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Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean ...
The Economic Development Bank for Puerto Rico — Spanish: Banco de Desarrollo Económico para Puerto Rico ( BDE )— is a government-owned corporation of Puerto Rico that provides loans, loan guarantees, and funds to private organizations whose economic activities have the effect of replacing imports in Puerto Rico. [1] The Bank was established by Law No. 22 of 1985. [2]
The Banco Español de Puerto Rico was renamed Bank of Puerto Rico and issued bills equivalent to the United States dollar, creating the Puerto Rican dollar. In 1902, the First National Bank of Puerto Rico issued banknotes in a parallel manner.
The Government Development Bank for Puerto Rico ( GDB) — Spanish: Banco Gubernamental de Fomento para Puerto Rico ( BGF )— is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the government of Puerto Rico. [1] [2] The bank, along with its subsidiaries and affiliates, serves as the principal entity through which Puerto Rico channels its issuance of ...
Rafael Carrión Sr. (January 3, 1891 – March 26, 1964), the patriarch of one of Puerto Rico's financial dynasties, was one of the founding fathers [1] [2] of Banco Popular de Puerto Rico, the largest bank in Puerto Rico and the largest Hispanic bank in the United States. [3]
The Puerto Rico Public Finance Corporation ( PFC) — Spanish: Corporación para el Financiamiento Público de Puerto Rico ( CFP )— is the government-owned corporation that issues bonds to finance the different agencies of the executive branch of the government of Puerto Rico. [1] The corporation is a subsidiary of the Puerto Rico Government Development Bank .
The R & G Financial Corporation (commonly known as RG Financial or R-G Financial) was a financial holding company located in San Juan, Puerto Rico. On April 30, 2010, its bank failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation (FDIC). Its deposits and assets were subsequently sold to Scotiabank. On May 14, R & G Financial Corporation filed for Chapter ...
Puerto Rico celebrates all official U.S. holidays, [1] and a of other official holidays established by the Commonwealth government. Additionally, many municipalities celebrate their own Patron Saint Festivals ( fiestas patronales in Spanish ), as well as festivals honoring cultural icons like bomba y plena, danza, salsa, hamacas (hammocks), and popular crops such as plantains and coffee .