News Releases
February 20, 2024
Banesco USA Announces Strong Results for the Fourth Quarter and Year ended December 2023
San Juan, Puerto Rico (February 20, 2024) – Banesco USA reported a strong fourth quarter 2023 with $3.8 billion total assets, representing a year-end net growth of 27%. The bank…
February 15, 2024
Banesco USA Extends Financing to Maritza’s Car Rental in Vieques
San Juan, Puerto Rico (February 15, 2024) – In order to continue with its strategy of supporting local entrepreneurs in Puerto Rico through the ECIP program (Emergency Capital Investment Program…
February 13, 2024
Banesco USA Closes 2023 with Steady Growth
MIAMI, FL (February 13, 2024) – Banesco USA, an independent, Florida state-chartered bank with six branches between South Florida and Puerto Rico, and a loan and deposit production office in…
January 8, 2024
Banesco USA grants Financial Aid to Community Entities in Puerto Rico
San Juan, Puerto Rico (Monday, January 8, 2024) – As part of its commitment to the development and well-being of Puerto Rico, Banesco USA announced today the donation of $32,000.00…
November 20, 2023
Banesco USA Expands Commercial & Industrial and Domestic Premier Banking & Residential Lending Capabilities
Loans grow 14% and deposits rise 15% year-to-date as Miami-based community bank doubles down on commercial banking at a time when other institutions are pulling back. MIAMI, FL (September 18,…
November 20, 2023
Banesco USA Announces Steady Growth in the Third Quarter of 2023
MIAMI, FL (November 7th, 2023) – Banesco USA, an independent Florida state-chartered bank with six branches between South Florida and Puerto Rico, and a loan and deposit production office in…
October 13, 2023
Banesco USA Provides $18 Million Construction Loan to Biltmore Development for New Multifamily Project
The leading community bank issued the loan to finance a 25-unit, seven-story multifamily property in Coral Gables, Florida. Miami, FL (August 13, 2023) — Banesco USA, a leading community bank…
July 17, 2023
Banesco USA’s $30M Mortage Loan to Rok Lending in South FL
The bank issued a loan to Rok Lending, an affiliate of the family-founded and operated The Rok organization, which specializes in real estate acquisitions and development opportunities across the US….
June 16, 2023
Banesco USA Successfully Hosts Author Adam Greenfader and his New Book “Why Puerto Rico Now: A Masterplan For Resurgence, Resiliency, and Long-Term Economic Growth”
Greenfader was joined by the President and CEO of the Miami-Dade Beacon Council at Banesco USA’s new headquarters for a discussion on opportunities in finance, real estate, fintech, and other…
April 3, 2023
Erbi Blanco-True Named Community Relations Director at Banesco USA
Miami, FL (Monday, April 3, 2023) — Banesco USA, a Florida state-chartered bank headquartered in East Doral with $3 billion in assets, announced the engagement of Erbi Blanco-True as its…