- Source: OFG Bancorp
OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918. OFG Bancorp has $10.6 billion in assets (2023), and approximately 2,248 employees (2023).
In 2010, Oriental acquired failed competitor Eurobank. In late 2012, Oriental completed the acquisition of Spain's Banco Bilbao Vizcaya Argentaria's Puerto Rican unit for $500 million in cash.
The company changed its name to OFG Bancorp from Oriental Financial Group in 2013.
In 2019, OFG Bancorp acquired all operations of Scotiabank within Puerto Rico and The United States Virgin Islands territories as part of a $550M cash deal.
In 2023, OFG CEO José Rafael Fernández was named American Banker's Community Banker of the Year. Fernández credited the honor to the efforts of the entire team at Oriental over the last 20 years.
Subsidiaries
Oriental Bank
Oriental Financial Services LLC
Oriental Insurance LLC
References
External links
Official site (Puerto Rico) (in Spanish)
Official site (Puerto Rico) (in English)
Financial highlights
Kata Kunci Pencarian:
- Daftar perusahaan yang tercatat di Bursa Efek New York (O)
- OFG Bancorp
- OFG
- First BanCorp
- Banco Popular de Puerto Rico
- List of banks (alphabetical)
- Scotiabank
- Orient (disambiguation)
- List of S&P 600 companies
- Companies listed on the New York Stock Exchange (O)
- List of banks acquired or bankrupted during the Great Recession