Financial services institutions are facing unprecedented market challenges with the pressures of intense competition, rapid technological advances and increased regulation. Our practice works with leading financial services institutions to help them improve their competitive advantage in these challenging times.
Financial services institutions are facing unprecedented market challenges with the pressures of intense competition, rapid technological advances and increased regulation. Our practice works with leading financial services institutions to help them improve their competitive advantage in these challenging times.
Our PR economic dashboard offers a snapshot of current P.R. economic and market conditions, based on key economic and market indicators. Find up-to-date economic data consolidated in this dashboard and displayed visually that is easy to read and interpret.
Our PR Banking Dashboard offers a snapshot of current conditions of the commercial banks that operates in PR, based on key financial indicators. Find up to date banking data consolidated in this dashboard and displayed in a visual manner easy to read and interpret.
The V2A banking report dashboard provides additional detail on the performance for banks in Puerto Rico in Q3 2024.
The V2A banking report dashboard provides additional detail on the performance for banks in Puerto Rico in Q1 2024.
Discover the solid performance of Puerto Rico's Banking sector during 2023 in terms of profitability and asset quality. In this report, we analyze the changes in market shares since the acquisition of Banco Santander PR and Scotiabank PR by Firstbank and Oriental Bank.
Discover the solid performance of Puerto Rico's Banking Sector during the first half of 2023 with strong profitability, and reduced delinquency rates. In this report, we also show a deep dive into the remarkable growth in the credit unions sector in recent years.
In the first quarter of 2023, the banking sector reached the lowest loan delinquency level since 2005, which contributed to its high Pre-Tax Return on Equity (ROE) of 27.9% in the same period.
In V2A’s PR Banking Report Q4 2022, you will learn how the industry did this past year and how competitive pressure is likely to continue despite the banking consolidation.
The Puerto Rico banking industry reached a pre-tax ROE of 20.2% in the first half of 2022. Since 2018, local banks have outpaced their US peers in terms of profitability thanks to the continuous reduction of loan delinquency, their higher interest margin, and the effective management of operating expenses in an environment of low economic activity.
