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Article: Banco Santander Puerto Rico Announces 1998 Second Quarter Results

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PR Newswire
Article date:
August 24, 1998
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- Net interest income rose 6% to $56.5 million.

- Other income increased 11% to $11.4 million.

- Delinquency ratio improved to 1.46%, one of the lowest in the local

market.

- Construction loan portfolio increased by $58.9 million or 35%.

- The ratio of total capital to risk-adjusted assets reached 12.23%

SAN JUAN, Puerto Rico, Aug. 24 /PRNewswire/ -- Banco Santander Puerto Rico announced today its financial results for the second quarter of 1998.

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