News Releases

Coral Gables, FL (Monday, October 3, 2022) – Banesco USA is now deploying its recently received $250 million investment funds from Emergency Capital Investment Program (ECIP), particularly to minority borrowers,…

Coral Gables, FL (Monday, October 24, 2022) — Banesco USA announces the appointment of Edward F. Holden to its Board of Directors. The prominent executive brings an illustrious history in…

Coral Gables, FL (Wednesday, June 22, 2022) Banesco USA announces it has closed on $250 million investment from the U.S. Department of the Treasury’s Emergency Capital Investment Program (ECIP). Banesco…

Banesco USA announces continued year-over-year growth with its 2021 results, including a 12% growth in total gross loans, an impressive 63% growth in net income to $20.5 million, and a…

Banesco USA secured a major investment from the U.S. Department of the Treasury’s fund for community financial institutions. The Coral Gables-based bank will receive $237.5 million from the Emergency Capital…

La compañía busca diversificar y ampliar la cartera de servicios en Puerto Rico, donde han identificado una oportunidad comercial por la reducción que ha experimentado el sector bancario en los…

MIAMI, Oct. 14, 2021– Banesco USA’s Board of Directors (“Board”) announces that Mario Oliva will step down as President and Chief Executive Officer, effective October 12, 2021, to pursue new…

MIAMI. September 15, 2020 – Vista Verde at Sunrise, a 288-unit garden style luxury residential rental development located on a 15.15-acre site at 8894 NW 44th Street in Sunrise, Florida, developed by…

MIAMI–(BUSINESS WIRE)–Despite the significant negative impact of the COVID-19 pandemic on businesses and households, Banesco USA reported strong 2020 first semester results including an 18% increase in total assets to…

MIAMI–(BUSINESS WIRE)–Banesco USA today announced strong Third Quarter Earnings with record net income of $19.8 million, marking a year-over year increase of 165 percent. Additionally, total assets grew 44% to…