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OFG OFG Bancorp

44.38
0.35 (0.79%)
27 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
OFG Bancorp NYSE:OFG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.35 0.79% 44.38 44.68 44.19 44.45 207,721 01:00:00

BBVA To Sell Puerto Rico Unit to Oriental Financial for $500 Million

28/06/2012 1:02pm

Dow Jones News


OFG Bancorp (NYSE:OFG)
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MADRID--Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA) said Thursday it has reached an agreement to sell its business in Puerto Rico to Oriental Financial Group Inc. (OFG) for $500 million.

The sold business is the seventh biggest in Puerto Rico by deposits, with $5.2 billion in assets and $3.3 billion in deposits, BBVA said in a regulatory filing.

San Juan-based Oriental is the fourth-largest bank in Puerto Rico.

Write to Christopher Bjork at christopher.bjork@dowjones.com

1 Year OFG Bancorp Chart

1 Year OFG Bancorp Chart

1 Month OFG Bancorp Chart

1 Month OFG Bancorp Chart