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First Financial Bank
Trends
- 1Iraq Devalues Dinar by 14.5% in First Move in Three Years▼Iraq Devalues Dinar for the First Time in 3 Years by 14.5%
Iraq has devalued its currency, the dinar, by 14.5%, its first devaluation in three years. The move affects Iraqis' purchasing power and has drawn attention across regional financial and banking circles, with observers weighing its impact on imports, salaries and savings in an economy heavily dependent on oil revenues.
- 2First BanCorp's Dividend Growth Tied to Puerto Rico's Economy●First BanCorp’s Rising Dividend Hinges Entirely on Puerto Rico’s Economy
First BanCorp, the Puerto Rico-based financial holding company, has been raising its dividend, but analysts note its continued growth depends heavily on the island's economic recovery. Observers point out that the bank's fortunes are closely linked to Puerto Rico's population trends, fiscal situation and post-bankruptcy restructuring efforts, leaving shareholders exposed to the territory's broader economic performance.