BSPR - What does BSPR stand for? The Free Dictionary
References in periodicals archive
As the second-largest bank in Puerto Rico, BSPR has taken advantage of prudent acquisition opportunities on the island, which have enabled it to expand its franchise and develop new business lines.
Despite the parent's outlook, operating profitability measures and asset quality trends have been stable at BSPR.
Under the original sale agreements with BSPR
, Doral Financial is required to pay BSPR
a floating pass-through rate tied to LIBOR.
Late in the fourth quarter of 1998, BSPR
made an IPO, which lowered its parent company's ownership stake to 78.
At the same time, due to the April 2002 redemption of the previously outstanding subordinate debt at BSPR
, Fitch is also withdrawing its 'A' rating on the issue.