February 2000: Speeding the Markets
Insights into how the last 10 years changed banks in Puerto Rico
Economic prosperity in the U.S. and Puerto Rico in the 1990`s has helped skyrocket the local commercial banking sector. A consolidation wave eliminated more than half the commercial banks that were present in 1989. How have banks reacted to a changing depository environment over the past ten years? Are banks coping with the end of Section 936 benefits? Will the changing federal legislation impact the local banking sector? The 1990`s have also been characterized by rising bankruptcy rates. What is the impact on a bank`s personal loan portfolio? Learn where new loans are coming from and potential pitfalls in the future of loan growth and whether local bank stocks have felt the impact of rising interest rates.
