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prima:International Union Bank will continue its operations in Puerto Rico

The Office of the Commissioner of Financial Institutions is working on a new transaction that will provide liquidity to the international bank

May 21, 2024 - 7:04 PM

The Commissioner of Financial Institutions, Natalia Zequeira Díaz, informed that the IUBank transaction must be completed on or before July 31. (Xavier Araújo)

International Union Bank, LLC will continue operating on the island after it obtained a capital injection that will provide it with the solvency established in the regulations of the Office of the Commissioner of Financial Institutions (OCIF), informed Commissioner Natalia Zequeira Díaz.

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