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BBVA To Sell Puerto Rico Unit to Oriental Financial for $500 Million

MADRID--Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA) said Thursday it has reached an agreement to sell its business in Puerto Rico to Oriental Financial Group Inc. (OFG) for $500 million. The sold business is the seventh biggest in Puerto Rico by deposits, with $5.2 billion in assets and $3.3 billion in deposits, BBVA said in a regulatory filing. San Juan-based Oriental is the fourth-largest bank in Puerto Rico. Write to Christopher Bjork at

Stock News for Oriental (OFG)
07/22/201609:47:30Current Report Filing (8-k)
07/22/201607:30:00OFG Bancorp Reports 2Q16 Results
07/11/201611:15:00OFG Bancorp to Present at KBW 2016 Community Bank Investor Conference
07/08/201616:26:15Current Report Filing (8-k)
06/28/201606:02:24Annual Report of Employee Stock Plans (11-k)
06/22/201609:00:00OFG Bancorp to Report 2Q16 Results and Hold Conference Call on...
06/09/201609:53:22Amended Statement of Ownership (sc 13g/a)
05/26/201608:30:00Why Investors are Crazed Again With Banking Stocks? - Royal Bank...
05/25/201616:12:00OFG Bancorp Declares Regular Quarterly Preferred Stock Cash Dividends
05/25/201616:10:00OFG Bancorp Declares Regular Quarterly Common Stock Cash Dividend
05/23/201614:00:00OFG’s Oriental Launches First Mobile App for Puerto Rico Businesses
05/12/201615:44:27Statement of Changes in Beneficial Ownership (4)
05/10/201611:21:17Amended Statement of Ownership (sc 13g/a)
05/06/201616:36:14Quarterly Report (10-q)
05/02/201616:58:01Statement of Changes in Beneficial Ownership (4)
05/02/201616:45:16Current Report Filing (8-k)
04/29/201619:32:34Statement of Changes in Beneficial Ownership (4)
04/29/201618:59:56Statement of Changes in Beneficial Ownership (4)
04/22/201609:59:03Current Report Filing (8-k)
04/22/201607:30:00OFG Bancorp Reports 1Q16 Results

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