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W Holding Company

Index W Holding Company

The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. [1]

50 relations: Aguadilla, Puerto Rico, Alternative financial service, Asset, Asset-based lending, Banco Bilbao Vizcaya Argentaria, Banco de Ponce, Banco Santander, Bank, Bankruptcy, Brokerage firm, Cabo Rojo, Puerto Rico, Consolidation (business), Deposit account, Doral Financial Corporation, Economy of Puerto Rico, Economy of the United States, Federal Deposit Insurance Corporation, Financial services, Financial statement, First BanCorp, Forbes, Hato Rey, Inflation, Insurance, Investment banking, Loan-to-value ratio, Mayagüez, Puerto Rico, Mergers and acquisitions, Miguel A. García Méndez, Milla de Oro, Money (magazine), Mortgage loan, NASDAQ, OFG Bancorp, Old San Juan, Popular, Inc., Public company, Puerto Rico, Puerto Rico Office of the Commissioner of Financial Institutions, Recession, Return on equity, San Germán, Puerto Rico, Scotiabank, Share price, The Wall Street Journal, Transaction account, Trust company, Trust law, Unemployment, United States.

Aguadilla, Puerto Rico

Aguadilla (Watered Smalls), founded in 1775 by Luis de Córdova, is a city and municipality located in the northwestern tip of Puerto Rico, bordered by the Atlantic Ocean to the north and west, north of Aguada, and Moca and west of Isabela.

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Alternative financial service

An alternative financial service (AFS) is a financial service provided outside traditional banking institutions, on which many low-income individuals depend.

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Asset

In financial accounting, an asset is an economic resource.

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Asset-based lending

Asset-based lending is any kind of lending secured by an asset.

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Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) (is a multinational Spanish banking group. It was formed from a merger of Banco Bilbao Vizcaya and Argentaria in 1999, and is the second largest bank in Spain. The company is a constituent of the IBEX 35 and Euro Stoxx 50 stock market index. In 2007, the firm started an initiative to digitally transform the bank. Following implementation, it saw a 19% year-on-year increase in new customers. As of 2015, the total number of these clients stood at 14.8 million.

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Banco de Ponce

Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century.

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Banco Santander

Banco Santander, S.A., doing business as Santander Group, is a Spanish banking group.

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Bank

A bank is a financial institution that accepts deposits from the public and creates credit.

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Bankruptcy

Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors.

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Brokerage firm

A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller.

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Cabo Rojo, Puerto Rico

Cabo Rojo (Cape Red) is a municipality situated on the southwest coast of Puerto Rico (U.S.) and forms part of the San Germán–Cabo Rojo metropolitan area as well as the larger Mayagüez–San Germán–Cabo Rojo Combined Statistical Area.

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Consolidation (business)

In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones.

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Deposit account

A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.

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Doral Financial Corporation

Doral Financial Corporation was the holding company of Doral Bank.

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Economy of Puerto Rico

The economy of Puerto Rico is classified as a high income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum.

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Economy of the United States

The economy of the United States is a highly developed mixed economy.

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Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Financial statement

Financial statements (or financial report) is a formal record of the financial activities and position of a business, person, or other entity.

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First BanCorp

First BanCorp is a publicly owned financial holding company located in San Juan, Puerto Rico.

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Forbes

Forbes is an American business magazine.

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Hato Rey

Hato Rey is a former ward located in the northwest part of the dissolved municipality of Río Piedras.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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Insurance

Insurance is a means of protection from financial loss.

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Investment banking

An investment bank is typically a private company that provides various finance-related and other services to individuals, corporations, and governments such as raising financial capital by underwriting or acting as the client's agent in the issuance of securities.

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Loan-to-value ratio

The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased.

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Mayagüez, Puerto Rico

Mayagüez is the eighth-largest municipality of Puerto Rico (U.S.). It was founded as Nuestra Señora de la Candelaria, and is also known as La Sultana del Oeste (The Sultaness of the West), Ciudad de las Aguas Puras (City of Pure Waters), or Ciudad del Mangó (City of the Mango).

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Mergers and acquisitions

Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities.

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Miguel A. García Méndez

Miguel Angel García Méndez (November 17, 1902 – November 17, 1998) was a businessman, lawyer, statesman, and banker in Puerto Rico.

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Milla de Oro

Milla de Oro (lit. "Golden Mile") is a nickname given to a one-mile stretch of Ponce de León Avenue in Hato Rey, San Juan, Puerto Rico.

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Money (magazine)

Money is a magazine that is published by Meredith Corporation.

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Mortgage loan

A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

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NASDAQ

The Nasdaq Stock Market is an American stock exchange.

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OFG Bancorp

OFG Bancorp, founded in 1964, more commonly known as OFG or Oriental Bank, is a financial holding company located in San Juan, Puerto Rico.

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Old San Juan

Old San Juan (Viejo San Juan) is a barrio of San Juan, Puerto Rico, located on the Isleta de San Juan.

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Popular, Inc.

Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Community Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for almost 120 years and in the mainland United States for over 52 years.

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Public company

A public company, publicly traded company, publicly held company, publicly listed company, or public corporation is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets.

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Puerto Rico

Puerto Rico (Spanish for "Rich Port"), officially the Commonwealth of Puerto Rico (Estado Libre Asociado de Puerto Rico, "Free Associated State of Puerto Rico") and briefly called Porto Rico, is an unincorporated territory of the United States located in the northeast Caribbean Sea.

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Puerto Rico Office of the Commissioner of Financial Institutions

The Office of the Commissioner of Financial Institutions of Puerto Rico—in Spanish: Oficina del Comisionado de Instituciones Financieras (OCIF)—is an office of the Department of Treasury of Puerto Rico that supervises and regulates Puerto Rico’s financial sector to ensure its safety and soundness, as well as to oversee a strict adherence to all applicable laws and regulations.

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Recession

In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.

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Return on equity

In corporate finance, the return on equity (ROE) is a measure of the profitability of a business in relation to the book value of shareholder equity, also known as net assets or assets minus liabilities.

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San Germán, Puerto Rico

San Germán (Saint Germain) is a municipality located in the southwestern region of Puerto Rico (U.S.), south of Mayagüez and Maricao, north of Lajas, east of Hormigueros and Cabo Rojo, and west of Sabana Grande.

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Scotiabank

The Bank of Nova Scotia (La Banque de Nouvelle-Écosse), operating as Scotiabank (Banque Scotia), is a Canadian multinational bank.

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Share price

A share price is the price of a single share of a number of saleable stocks of a company, derivative or other financial asset.

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The Wall Street Journal

The Wall Street Journal is a U.S. business-focused, English-language international daily newspaper based in New York City.

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Transaction account

A transaction account, checking account, current account, demand deposit account, or share draft account (at credit unions) is a deposit account held at a bank or other financial institution.

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Trust company

A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary of trusts and agencies.

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Trust law

A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers ("settles") a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Redirects here:

W Holding Company, Inc., W holding, W holding company, W. Holding Company, Inc., Westernbank.

References

[1] https://en.wikipedia.org/wiki/W_Holding_Company

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