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prima:Oriental Bank reports $220 million in loans to small and medium businesses

Bank achieves 14% growth in financing approvals for small and medium-sized Puerto Rican companies

January 9, 2025 - 3:08 PM

OFG Bancorp, the parent company of Oriental Bank, will announce on January 22 the financial results reported in the last quarter of 2024. (Angel M. Rivera / STAFF)

As part of its strategy to boost small and medium-sized enterprises (SMEs) in Puerto Rico, Oriental Bank recorded a 14% growth in loan approvals to local entrepreneurs during 2024, informed Mari Evelyn Rodríguez, the conglomerate’s chief banking officer.

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