FirstBank earns strong KBRA ratings, stable outlook

FirstBank’s headquarters in San Juan, Puerto RicoFirst BanCorp., the parent company of FirstBank Puerto Rico, received a new vote of confidence in its financial position after Kroll Bond Rating Agency assigned the institution a set of strong credit ratings and a stable outlook.KBRA cited the bank’s consistent profitability, solid capital levels and disciplined risk management.According to the agency, First BanCorp. has maintained steady performance through economic cycles, preserved healthy margins, managed ...