Article: APPROVAL OF APPLICATION BY BANCO POPULAR DE PUERTO RICO, SAN JUAN

The Federal Reserve Bank of New York issued the following press release:

The Federal Reserve Bank of New York approved the application by Banco Popular de Puerto Rico, San Juan, Puerto Rico, to purchase certain assets and assume certain liabilities of the following branches of Citibank, N.A., Las Vegas, Nevada ("Citibank"), and incident thereto, to establish branches at the locations of nine of the Citibank branches:

Carolina Branch, Carolina, Puerto Rico; Cayey Branch, Cayey, Puerto Rico; Condado Branch, San Juan, Puerto Rico; Fajardo Eastern Branch, Fajardo, Puerto Rico; Humacao Branch, Humacao, Puerto Rico; Mayguez Mall Branch, Mayaguez, Puerto Rico; Plaza Las ...

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