Tag: Puerto Rico

Moody’s revises three subsidiaries of Spanish banks in Puerto Rico

Moody’s revises three subsidiaries of Spanish banks in Puerto Rico

| April 11, 2012 | 0 Comments

The risk measurement agency Moody’s has placed under surveillance for possible downgrade subsidiaries of Santander, BBVA and Banco Popular in Puerto Rico, the deterioration of the economic situation. In a note, Moody’s cautions that Puerto Rico has lived since 2006, a protracted recession, and although they have recently begun to be felt some signs of [...]

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