Visit Oriental Bank
NYSE : OFG
$14.50
$ ((0.05)) - (0.34)%

Corporate Profile

Corporate Profile

WHO WE ARE
  • OFG Bancorp, based in San Juan, is a financial holding company operating under U.S. and Puerto Rico banking laws and regulations
  • Our principal subsidiaries are Oriental Bank, Oriental Financial Services and Oriental Insurance
  • Founded in 1964, Oriental today is one of Puerto Rico’s largest banks, serving the needs of consumers, businesses and institutions
THE ORIENTAL DIFFERENCE
  • We differentiate ourselves by unparalleled service and market leading technology that makes it it easy for customers to access account information and transact business
  • Steady expansion has been the result of organic growth, highly accretive acquisitions, and prudent management
  • We have created a broad portfolio of products and services that caters to the needs of our customers
PRODUCTS AND SERVICES
  • Consumer banking and lending, including auto loans, residential mortgages, consumer finance, and credit cards
  • Commercial banking, including business loans, commercial mortgages and leasing, cash management, transactional services and international trade financing
  • Wealth management for individuals and businesses, including financial planning, money management, investment brokerage, corporate and individual trust, retirement products, and insurance
MARKET LEADERSHIP
  • #2 in Branches with 48
  • #2 in IRAs with 16% share
  • #2 in Consumer Loans (excluding credit cards) with 14% share
  • #3 in Auto Loans with 24% share
  • #3 in Mortgage Originations with 13% share
  • #3 in Deposits with 11% share
  • #4 in Commercial Loans 12% share
RECENT ACQUISITIONS
  • December 18, 2012: OFG acquired the Puerto Rico-based operations of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)
  • April 30, 2010: OFG acquired selected loans, deposits and businesses of Puerto Rico-based Eurobank through an FDIC assisted transaction