Type Public Headquarters San Juan, Puerto Rico | Industry Finance and Insurance Number of employees 520 (2005) | |
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Traded as NYSE: OFG
S&P 600 Component Key people Jose Rafael Fernandez, President & CEO
Julian S. Inclán, Chairman Products Banking
Checking Accounts
Insurance
stock brokerage
Investment Bank
Asset-Based Lending
Consumer finance Revenue US$ 230.45 million (2005) Stock price OFG (NYSE) US$ 10.95 -0.10 (-0.90%)24 Mar, 4:02 PM GMT-4 - Disclaimer CEO Jose Rafael Fernandez (2004–) Founded 1964, San Juan, Puerto Rico Subsidiaries ORIENTAL FINANCIAL (PR) STATUTORY TRUST II a special purpose statutory trust Profiles | ||
Oriental Financial Group, Inc., more commonly known as Oriental Financial or Oriental Bank, is a financial holding company located in San Juan, Puerto Rico, which offers a range of financial services in Puerto Rico and the state of Florida through its four wholly owned subsidiaries: Oriental Bank (a bank), Oriental Financial Services Corp., Oriental Insurance, Inc., and Caribbean Pension Consultants, Inc. (CPC). Its headquarters are located at the Oriental Center at 997-1000 San Roberto Street, Professional Offices Park in San Juan. The Oriental Financial Group has over $7.6 billion in assets (2005), and approximately 520 employees.
In 2010, Oriental acquired failed competitor Eurobank. On 2012, Oriental announced the acquisition of Spain's Banco Bilbao Vizcaya Argentaria's Puerto Rican unit for $500 million in cash. The deal was expected to be approved by regulators by the end of 2012.