OFG Bancorp (NYSE:OFG) (NYSE: OFG) is a diversified financial services holding company headquartered in San Juan, Puerto Rico. Through its primary subsidiary, Oriental Bank, the company provides a comprehensive suite of banking and financial products to individuals, small and mid-sized businesses, and institutional clients. OFG Bancorp’s offerings span retail and commercial deposit accounts, lending solutions, mortgage origination, and treasury management services, positioning it as one of the largest locally based financial institutions in Puerto Rico.
In its commercial banking segment, OFG Bancorp delivers customized loan and credit facilities, working capital solutions and cash management services to a broad array of industries, including retail, healthcare, manufacturing, and government entities. On the retail side, customers can access checking and savings accounts, personal lines of credit, and mortgage products. The company also maintains a robust wealth management division, offering investment advisory, trust services and insurance products through dedicated financial professionals and strategic partnerships.
Founded through the formation of Oriental Financial Group in 2010, OFG Bancorp traces its heritage to Oriental Bank’s origins in 1964. Over the years, the organization has expanded its footprint across Puerto Rico and the U.S. Virgin Islands, and maintains a presence in Florida to support commercial clients with ties to the Caribbean market. Strategic acquisitions—including regional branch portfolios—have strengthened its deposit base and loan capabilities while reinforcing local market expertise and customer relationships.
Leadership at OFG Bancorp is spearheaded by President and Chief Executive Officer Aurelio F. Ángel, who has guided the firm through periods of regulatory evolution, economic recovery initiatives and digital transformation. Under his direction, the company has invested in modernizing its digital platforms to enhance mobile and online banking experiences. With a focus on community engagement and sustainable growth, OFG Bancorp continues to champion initiatives that support economic development and financial inclusion across its service areas.
