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News Releases
October 31, 2022
Banesco USA Appoints Edward F. Holden to its Board of Directors
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…
June 23, 2022
Banesco USA Closes $250 Million Investment from the U.S. Treasury’s Emergency Capital Investment Program
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…
January 31, 2022
Banesco USA Announces Record Profitability in 2021 Accented by Rating Affirmation from Kroll Bond Rating Agency
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…
December 30, 2021
Banesco USA lands $237.5M investment to increase lending to minority communities
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…
November 22, 2021
Banesco USA tiene apetito de crecer en Puerto Rico
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…
October 18, 2021
Banesco USA Names Calixto (Cali) Garcia-Velez as New President and CEO
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…
September 18, 2020
Proposed multifamily project Vista Verde at Sunrise secures a $45.8M syndicated construction loan led by two local lenders, ABANCA USA and Banesco USA
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…
August 20, 2020
Banesco USA’s Positive First Semester Financial Results and Proactive Risk Management lead Fitch to Affirm its Ratings
MIAMI-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 $2.02…
November 4, 2019
Another Record Quarter for Banesco USA
MIAMI-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 $1.83…
October 3, 2019
Nuevos BanescOnline y BanescoMobile
El martes 8 de octubre de 2019, estaremos actualizando las plataformas de BanescOnline y BanescoMobile. Marca tu calendario y toma las previsiones necesarias, ya que no tendrás acceso a tus…