OFG’s Oriental Responds to Client Needs after Irma: No Late Fees for September Loan Payments
September 13 2017 - 4:45PM
Business Wire
OFG Bancorp (NYSE:OFG) announced today that its Oriental Bank
subsidiary will not charge late-payment fees for September loan
payments, extending the grace period for a maximum of another 30
days. This will apply to any loan customers, whether they have
personal, auto, credit card, mortgage or commercial loans.
José Rafael Fernández, President, Chief Executive Officer, and
Vice Chairman of the Board, said that the measure is being taken to
help clients whose budgets may be affected because of Hurricane
Irma in Puerto Rico. “Oriental Bank is sensitive to the
difficulties families are experiencing,” he said. “Elimination of
late fees will not require any proactive action by customers. It
will be automatic.”
“We are confident Puerto Rico will have a speedy recovery,” Mr.
Fernández said. “If a client has a personal situation that will
impact his or her capacity to make payments because of Hurricane
Irma, call us at (787) 620-0000 for additional guidance. Commercial
loan clients should contact their relationship officer or call
(787) 620-PYME.”
About OFG Bancorp
Now in its 53rd year in business, OFG Bancorp is a diversified
financial holding company that operates under U.S. and Puerto Rico
banking laws and regulations. Its three principal subsidiaries,
Oriental Bank, Oriental Financial Services and Oriental Insurance,
provide a full range of commercial, consumer and mortgage banking
services, as well as financial planning, trust, insurance,
investment brokerage and investment banking services, primarily in
Puerto Rico, through 48 financial centers. Investor information can
be found at www.ofgbancorp.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170913006486/en/
OFG BancorpPuerto Rico:Idalis Montalvo,
787-777-2847idalis.montalvo@orientalbank.comorUS:Gary
Fishman, 212-532-3232gfishman@ofgbancorp.comorSteven Anreder,
212-532-3232sanreder@ofgbancorp.com
OFG Bancorp (NYSE:OFG)
Historical Stock Chart
From Mar 2024 to Apr 2024
OFG Bancorp (NYSE:OFG)
Historical Stock Chart
From Apr 2023 to Apr 2024