Popular CEO: Puerto Rico Economy Shows “Momentum” as Bank Eyes Loan Growth and Capital Returns

Given Popular’s footprint and long history on the island—he noted the bank will mark 133 years in October—Ferrer said the company expects to benefit from Puerto Rico’s growth. He added that Popular participates in policy discussions and maintains relationships with the Puerto Rico government and the Financial Oversight Board.He described the recovery as broad-based, citing strength across construction, hospitality, and manufacturing. Ferrer also noted that Puerto Rico historically moved alongside the U.S. e ...