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prima:Nave Bank: Puerto Rico’s first digital bank gains traction

The institution celebrates one year of operations with $200 million in assets, has begun lending to SMEs and is targeting accounts for individuals

December 2, 2024 - 10:20 AM

Nave Bank offices in Santurce. In the photo, on the left, Jesus Arroyo, Marketing Manager; in the center, Carlos M. García, Chief Executive Officer of the institution, and Natalia Irizarry and Sarah Padiali, Commercial Banking Managers. (Xavier Araújo)

Nave Bank, which opened its doors about a year ago as the first Puerto Rican “digital bank,” has accumulated over $200 million in assets and is determined to play a leading role in the island’s commercial banking segment, said Carlos M. García, CEO and founder of the banking institution.

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