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Santander to sell Puerto Rico arm to FirstBank in USD 1.1 bln deal

News | Payments General | 23 Oct 2019

FirstBank Puerto Rico’s holding company First BanCorp has given FirstBank the green light to buy Banco Santander Puerto Rico (BSPR) in a deal valued at USD 1.1 billion, according to Ruby Hinchliffe from FinTech Futures

banking, B2B, corporate & commercial banking, Mergers & Acquisitions, M&A, partnership, Banco Santander, Puerto Rico, First BanCorp, FirstBank Puerto Rico, Santander