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prima:Banesco invests $2 million in expansion of its main office on the Golden Mile District

Juan Carlos Escotet, president of Banesco International, predicted that Puerto Rico will remain in a cycle of economic expansion for the next 10 years

June 11, 2024 - 1:05 PM

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Banesco with a presence in 14 countries in Europe and the Americas, participates internationally in the banking, insurance and payment methods businesses. (Ramon "Tonito" Zayas)

Without minimizing Puerto Rico’s demographic challenge, Juan Carlos Escotet, president of Banesco Internacional, predicted on Monday that the island will have at least 10 “clearly positive” years, with annual growth of close to 1%.

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