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prima:Local banks are well positioned to face the challenges of the U.S. economy, according to an industry report

Hovde Group also points out that the local economy benefits from the "on-shoring" strategy, military investment and the island's international popularity.

March 15, 2026 - 4:46 PM

According to the analysis, the island’s commercial banks have cheaper deposits and large loan portfolios with variable rates. (The Associated Press)

Banks in Puerto Rico are better positioned to take advantage of the current interest rate cycle in the event that the U.S. Federal Reserve (The Fed) halts cuts in the face of new inflationary pressures, according to analyst firm Hovde Group.

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