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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 christopher.bjork@dowjones.com

Stock News for Oriental (OFG)
DateTimeHeadline
04/28/201514:35:05Current Report Filing (8-k)
04/27/201514:33:02Klayman & Toskes, PA and Carlo Law Offices Comment on S&P Credit...
04/24/201508:26:24Current Report Filing (8-k)
04/24/201507:30:00OFG Bancorp Reports 1Q15 Results
04/22/201517:23:10Current Report Filing (8-k)
04/02/201509:00:00OFGâs Oriental Bank Expands ATM Network to Become 2nd Largest i...
03/31/201519:38:45Statement of Changes in Beneficial Ownership (4)
03/25/201509:00:00OFG Bancorp to Report 1Q15 Results and Hold Conference Call on...
03/16/201513:03:51Confidential Treatment Order (ct Order)
03/12/201516:10:48Additional Proxy Soliciting Materials (definitive) (defa14a)
03/12/201515:53:27Additional Proxy Soliciting Materials (definitive) (defa14a)
03/12/201515:12:12Proxy Statement (definitive) (def 14a)
03/09/201515:09:56Statement of Changes in Beneficial Ownership (4)
03/06/201514:47:11Statement of Changes in Beneficial Ownership (4)
03/05/201517:29:50Statement of Changes in Beneficial Ownership (4)
03/04/201513:15:00OFG Bancorp at Deutsche Bank 2015 Mid-Cap Banks Summit March...
03/04/201510:50:41Statement of Changes in Beneficial Ownership (4)
03/04/201510:12:36Statement of Changes in Beneficial Ownership (4)
03/04/201509:26:50Statement of Changes in Beneficial Ownership (4)
03/02/201518:28:47Statement of Changes in Beneficial Ownership (4)

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