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EuroBancshares Inc. (EUBK)

7:36AM AEST: 0.3901 USD  Up 0.0101 (2.66%)  
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EuroBancshares Inc.
State Road PR-1 Km 24.5
Quebrada Arenas Ward
San Juan, PR 00926
Phone: 787-751-7340
Fax: 787-758-5611
Web Site: http://www.eurobankpr.com

 DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Foreign Regional Banks
Employees (last reported count):440

 REUTERS ABRIDGED BUSINESS SUMMARY 
EuroBancshares, Inc. operates as the bank holding company for Eurobank, which provides commercial banking products and services primarily to small and mid-sized businesses in Puerto Rico. The company primarily engages in generating deposits and originating loans. Its deposit products include checking, savings, and time deposits; money market deposits; NOW deposits; certificates of deposit; and individual retirement accounts. The company’s loan portfolio comprises commercial and consumer loans, residential mortgage loans, real estate loans, lease financing, and other installment and term loans. It also offers trust and wealth management services, Internet banking, electronic funds transfers, cash management, vault services, and loan and deposit sweep accounts. In addition, the company, through EuroSeguros, a wholly owned subsidiary of Eurobank, provides automobile, property and casualty, credit life, and auto protection insurance. As of June 30, 2009, EuroBancshares operated 25 branches in Puerto Rico. The company was founded in 1979 and is headquartered in San Juan, Puerto Rico.
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     OFFICERS 
     PayExercised
    Mr. Rafael Arrillaga-Torréns Jr., Esq., 61
    Chairman, Chief Exec. Officer, Pres, Member of Compliance Committee, Member of Strategic Planning Committee, Chairman of Eurobank, Chief Exec. Officer of Eurobank and Pres of Eurobank
    $ 550.00K $ 7.00K
    Ms. Yadira R. Mercado Piñeiro , 50
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Corp. Sec., Member of Strategic Planning Committee, Chief Financial Officer of Eurobank, Exec. VP of Eurobank and Corp. Sec. of Eurobank
    $ 395.00K $ 5.00K
    Mr. Felix M. León León , 67
    Exec. VP of Operations
    N/A N/A
    Mr. Luis J. Berríos López , 64
    Chief Lending Officer and Exec. VP
    $ 335.00KN/A
    Mr. Luis S. Suau Hernandez , 60
    Sr. VP of San Juan-Metropolitan Area
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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