Ratings (IDR) of Doral Financial Corp. (DRL) at 'CCC', First BanCorp (FBP), Popular Inc. ( BPOP ) at 'BB-'. The Outlook is Stable for BPOP and FBP. Fitch has also affirmed the Long-term IDR at 'BBB' and Viability Rating at 'bb
MADRID, Nov 25 (Reuters) - Spain's Banco Popular said on Monday it would sell its property management unit to two U.S. investment firms in a deal which one source said was likely to be worth around...
MADRID, Nov 25 (Reuters) - Spain's Banco Popular said on Monday it had agreed to sell its property management unit to U.S. based investment firms Kennedy Wilson and Varde Partners, though it will...
MADRID, Nov 21 (Reuters) - Spain's Banco Popular has received preliminary offers from foreign investors for its property management unit Aliseda worth between 450 million euros ($605.9 million) and...
Banco Popular reported third-quarter net income of EUR 57 million, a decrease ..... million in the second quarter. Perhaps the only truly better metric for Banco Popular was an improved Tier 1 ratio of 11.1%, up from 10.4% in the
MADRID, Oct 31 (Reuters) - Spanish lender Banco Popular on Thursday said it saw its core capital ratio reaching at least 8.6 percent at the end of 2013 under the Basel III fully loaded criteria.
MADRID, Oct 31 (Reuters) - Spain's Banco Popular on Thursday reported a 9.5 percent drop in net profit to 227 million euros ($312.6 million)in the nine months to September on increased provisions against bad loans.
LONDON, Oct 3 (IFR) - Order books on Banco Popular Espanol's Additional Tier 1 perpetual non-call five-year issue, the first of its kind in euros, are over EUR1.5bn according to the lead managers.
(Adds background on Spanish banks, analyst views on Popular capital)
Banco Popular 's POP reported profit of EUR 170 million for the first half came ..... value estimate. Spain's deep recession continues to weigh heavily on Banco Popular 's results. Non-performing loans increased to 10.8% of loans