News Releases

Premier Dialysis Provider to Receive Funds for Continued Growth Miami, FL (Tuesday, December 20, 2022) — Banesco USA has provided funding for three loans to the specialty renal health company…

Miami, FL (Wednesday, November 30, 2022) — Banesco USA has partnered with ABANCA USA to close on a $28.6 million loan to Parmenter Realty Partners to refinance Rocky Point Centre,…

San Juan, Puerto Rico, November 16, 2022 – Calixto García-Vélez, president and chief executive officer of Banesco USA, was selected Banker of the Year at the awards ceremony held by…

Coral Gables, FL (Monday, November 14, 2022) — Banesco USA announces the appointment of Joshua Mendez as Vice President – Business & Professional Banking. The banking industry executive brings more…

Miami, FL (Thursday, November 7, 2022) — Banesco USA reported a strong third quarter 2022 with a 30% year-to-date increase in total assets to $2.78 billion. The bank also shows…

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…