Free Essay

Ocif 2012 - All Institution Assests

In: Business and Management

Submitted By elbermudez
Words 637
Pages 3
Principal Page
In the next subsequent pages we have included financial statistical data organized by the different sectors that compose the economy of Puerto Rico. This report has been updated to include the most recent quarter of 2012. The contact persons for the Financial Analysis Division are; Mr. Wally A. Sierra-Supervisor, Mrs. Frances Lebrón-Financial Analyzer Depository Sector and Mrs. Nayda Ivonne Marrero-Analyzer, Non Depository Sector. Financial Analysis Responsible Manager: Mr. Wally A. Sierra, Financial Analysis Division. Phone.(787)723-3131, Ext-2314, Fax.(787)723-4225. Addres. P.O.Box 11855, San Juan PR. 00910-3855, Ponce de Leon Ave. 1492, Centro Europa Building, suite 600, San Juan PR, 00907 or Ponce de Leon Ave. 1492, Centro Europa Building, suite 600, San Juan PR, 00907 Publication date: August 23, 2012 Next Publication Report: November 23, 2012 and February 23, 2013 To obtain a copy of the Report: Please visit, (1) Our website. Http// or
(2) by request to our addresses above, or (3) by phone or fax, Monday to Friday, 8:00am to 4:30pm.

Source: Call Report quarterly submitted by the different sectors to the Office of the Commissioner of Financial Institutions. Legal Mark: Article 10 of Law #4 dated October 11, 1985, as amended, provides faculty to the Commissioner to carry out all sorts of studies and research on issues affecting any branch of the banking, financial and securities industries for which they may require information that could be necessary, relevant and essenctial for such purposes.

All Financial Institutions Total Assets
Type of Institutions (In Millions) Commercial Banks** International Banks Entities Credits Unions*** Brokers Securities Mortgage Institutions Investment Companies Leasing Companies Finance Companies Government Banks Small Loans Companies Total $ Q2-2012 $ 67,945 39,076 8,024 1,719 5,662 15,326 1,636 4,143 17,643 660 161,834 $ $ 2011 68,167 43,933 7,887 2,229 5,437 15,345 1,621 4,099 19,286 663 168,667 $ $ 2010 72,468 40,608 7,524 3,703 4,744 14,204 1,606 3,878 16,467 687 165,889 $ $ 2009 83,337 42,118 7,166 3,271 4,421 13,881 2,219 4,041 13,805 761 175,020 $ $ 2008 As of December 2007 $ 87,918 75,807 6,489 1,308 5,917 14,071 2,662 4,592 11,103 1,434 $ 211,301 $ $ 2006 84,696 75,942 6,290 1,759 6,206 12,905 2,521 4,411 11,425 1,479 207,634 $ $ 2005 82,645 74,153 6,239 1,925 10,017 13,297 2,389 4,673 10,882 1,334 207,554 $ $ 2004 74,342 66,948 6,278 2,423 10,445 11,795 2,087 4,792 8,549 1,264 188,923 $ $ 2003 60,994 56,535 5,982 2,571 8,455 8,810 1,751 4,687 7,842 1,267 158,894

87,334 62,681 6,699 2,590 4,988 13,903 2,554 4,386 12,364 1,104 198,603

** Excluded Internationals Divisions, ***Data as of march 30, 2012

Commercial Banks** International Banks Entities Credits Unions Brokers Securities Mortgage Institutions Investment Companies Leasing Companies Finance Companies Government Banks Small Loans Companies

0.41% 10.90%

2.56% 1.01%

Assets - All Financial Institutions $161,384 Millions Office of The Commissioner of Financial Institutions June 30, 2012



67,945 39,076 8,024 1,719 5,662 15,326 1,636 4,143 Commercial Banks** 17,643 660 International Banks Entities 161,834


Credits Unions Brokers Securities

3.50% 1.06% 4.96% Mortgage Institutions Investment Companies Leasing Companies Finance Companies 24.15% Government Banks Small Loans Companies…...

Similar Documents

Premium Essay

Mcdonalds 2012

...Today’s McDonalds for the Future Tamyra Whaley Strayer University HRM532 June 4, 2012 DAVID FOUNTAINE As one of the world’s most famous fast food chains, McDonalds was founded in1937, the McDonalds brother Richard and Maurice opened the first McDonalds restaurants in America. McDonalds today has over 30,000 restaurants in over 100 countries in the world. McDonald’s fight’s to protect is reputation and trade mark. Although good corporate-level strategy is important it is not the most critical for day-to-day human resource activity. The most important strategy for human resource is business-level strategy and related corporate diversification strategy. Its concerns how the organization will compete with the other companies that provide similar goods and services. McDonalds is a fast-food restaurant that has been around for over 50 years and it employs over 1.6 million people. Organizations that recruit will have more options when it comes to hiring new employees. Organizations with good recruiting can also lower employment cost by making sure that new employees know what to expect from the organization, which helps keep employees on board once they are hired. Obtaining a large number of applicants and using great Human resource approach is the key. McDonalds has an overall “Strategic Plan to Win” that gives all business with common foundations for developing ideas to reach this goal. This foundation includes five major elements: 1) People, 2) Place, 3) Product, 4)......

Words: 1016 - Pages: 5

Premium Essay

Financial Institution

...Q1 Describe the role of Financial Institutions. What are the various types of Financial Institutions active in the Indian Financial system ? ANS: Financial sector plays an indispensable role in the overall development of a country. The most important constituent of this sector is the financial institutions, which act as a conduit for the transfer of resources from net savers to net borrowers, that is, from those who spend less than their earnings to those who spend more than their earnings. Financial Institution is not a new concept in financial history. The evolution of financial institutions must be differentiated from economic history and history of money. In Europe, it may have started with the first commodity exchange, the Bruges Bourse in 1309 and the first financiers and banks in the 1400-1600s in central and Western Europe. The first global financiers the Fuggers (1487) in Germany; the first stock company in England (Russia Company 1553); the first foreign exchange market; the first stock exchange. In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government bodies. Broadly speaking, there are three major types of financial institution. 1. Deposit-taking institutions that accept and manage deposits and make......

Words: 2488 - Pages: 10

Premium Essay

Acc529 - Assest Evaluation

...method. This will only work if the inventory will be used in the ordinary course of business to fill customer orders. The other method to consider would be the income method which “values inventory at an amount that would allow a purchaser to pay the costs of the inventory's disposition and provide an adequate return on the purchaser's investment when the inventory is sold.” (Sterling, p.210, 1999) This method is like the comparative sales method; however, it includes the addition of a seller's profit to the cost of reproduction of the inventory. Valuation Methods of Different Class of Inventory Differences between the assets and expenses reported by companies may be similar in all respects except in accounting for inventories. This is an area that has many alternative methods which are all acceptable but inventory results may vary. “The inventory accounting alternative selected by an entity relates to the assumption about how costs flow from the Inventory account to the Cost of Goods Sold account. (Marshall, p.151, 2003) Four principal alternative cost-flow assumptions that are used include: • Specific identification, • Weighted average, • First-in, first-out (FIFO), or • Last-in, first-out (LIFO). A firm can have both FIFO physical flows; a grocery store may try this method and use the LIFO cost-flow assumption. The assumption of specific identification alternative links cost and physical flow. Marshall indicates that, “When an item is sold, the cost of......

Words: 2720 - Pages: 11

Free Essay

Why Microfinance Institutions Are Not Sustainable

...Why are some Microfinance Institutions not sustainable Ghana Christian University College SDM 201222101014 Introduction to Microfinance Mr. Sam Quin Word Count: 1273 Nov. 11, 2014 Table of Content Pg Introduction 3 Definition of Terms 3 Sustainability of Microfinance Institutions 4 Why some Microfinance are not sustainable Solution Evaluation Conclusion References Introduction Microfinance has existed in various forms for centuries, and even longer in Asia, where informal lending and borrowing stretches back for several thousand years. However, the birth of ‘modern’ microfinance is said to have occurred in the mid 1970s in rural Bangladesh. There, in the midst of a famine, Dr. Muhammad Yunus, professor of economics at the University of Chittagong, was becoming disillusioned with the abstract theories of economics that failed to explain why so many poor people were starving in Bangladesh (Jacques, 2010). Dr. Muhammad Yunus saw this challenge, determined to find a practical solution he lend money with zero interest, and Grameen Bank Project was born, it grew rapidly with more than six million borrowers as at 2006. Inspired by the success of the Grameen Bank, the 1970s and 80s saw rapid growth in the number of new micro-finance institutions appearing around the world, many of them started by NGOs and funded by......

Words: 1517 - Pages: 7

Premium Essay

Plants Assest

...significantly. When you rent a car from Rent-A-Wreck, you are renting from an independent business person who has paid a “franchise fee” for the right to use the Rent-A-Wreck name. In order to gain a franchise, he or she must meet financial and other criteria, and must agree to run the rental agency according to rules prescribed by Rent-A-Wreck. Some of these rules require that each franchise maintain its cars in a reasonable fashion. This ensures that, though you won’t be cruising down Daytona Beach’s Atlantic Avenue in a Mercedes convertible, you can be reasonably assured that you won’t be calling a towtruck. ✓ Inside Chapter 9… • Many U.S. Firms Use Leases (p. 401) The Navigator • ESPN Wins Monday Night Football Franchise • All About You: Buying a Wreck of Your Own (p. 416) (p. 420) 397 JWCL165_c09_396-443.qxd 8/4/09 9:39 PM Page 398 Preview of Chapter 9 The accounting for long-term assets has important implications for a company’s reported results. In this chapter, we explain the application of the cost principle of accounting to property, plant, and equipment, such as Rent-A-Wreck vehicles, as well as to natural resources and intangible assets such as the “Rent-A-Wreck” trademark. We also describe the methods that companies may use to allocate an asset’s cost over its useful life. In addition, we discuss the accounting for expenditures incurred during the useful life of assets, such as the cost of replacing tires and brake pads on......

Words: 25104 - Pages: 101

Free Essay


...შესაძლებელია სულ ადვილად მილიონებში დათვლა). ესე დაუბარეს, რომ როგორც კი დათქმული დრო მოვიდოდა (წითელი მონიშნუილები რომ ერთმანეთს დაემთხვევა), მაშინ დაბრუნდებოდნენ და რაც შექმნეს, იმას შეამოწმებდნენ. გამოთვლის მიხედვით ეს მოხდება 2012 წლის დეკემბერში.მაიას ტერიტორიაზე ნაპოვნია ორი კალენდარი: ერთი 365 დღიანი ციკლით და მეორე 260. პირველი ციკლი გასაგებია, მაგრამ მეორე ციკლი უცნობია მეცნიერებისთვის, რადგანაც ეს ციკლი არ ემორჩილება დედამიწის კანონზომიერებებს (ჩემი აზრით, ეს მეორე ციკლი გამოხატავს დროის მსვლელობას პლანეტა სირიუს ბ-ზე, სადაც გაფრინდნენ მაიას ტომისს მასწავლებლები). მაიას ტომს ჰქონდა მთვარის და მზის ციკლები, მაგრამ მათ არ ქონდა ის სისტემა, რასაც ჩვენ დღეს ვიყენებთ დღეების ნუმერაციისას (იგულისხმება ორშაბათი, სამშაბათი და ა.შ.) როგორც დრეზდენის კოდექსი გვამცნობს, მაიას ათვლის წერტილი იყო ღმერთის კუკულკანის (იგივე კეცალკოატლის ან კუკუმაცის) დედამიწაზე ჩამოსვლა.ვარაუდობენ, რომ მისი ჩამოსვლა მოხდა 3114 წლის 11 აგვისტოს ჩვენს ერამდე, რადგან კალენდრის წითელი ნიშნულები მაგ დროს ხვდება ერთად, ანუ ეს იყო ათვლის წერტილი. ასევე 2012 წლის 22 დეკემბერს ჯდება ეგ წერტილები ერთად .პრობლემა იმაშია, რომ რა ციკლით ითვლიდნენ მაიას ტომის ხალხი, ბოლომდე გაურკვეველია.ეს ფაქტია, რომ ამ თარიღს პირველი ბანაკის წარმომადგენლები უნდობლად ეკიდებიან. ერთი საგულისხმო ფაქტი მეტყველებს მარტო 2012 წლისთვის – პოპულ ვუში ნახსენებია რომ ღმერთები ჩამოვლენ მაშინ, როცა დედამიწის ღერძი კვლავ დაუბრუნდება იდეალურ მდგომარეობას.ეხლა რას ნიშნავს ეს – დააკვირდით ამსურათს: ხომ ხედავთ ღერძს? ყოველ წელს, ამ ღერძის......

Words: 794 - Pages: 4

Premium Essay

International Financial Institutions

...Role and Influence of International Financial Institutions Danny Leipziger Abstract Development thinking has evolved from the early works of W. Arthur Lewis and Paul Rosenstein-Rodan and has been influenced by new and varied schools of thought. Emphases have shifted from capital accumulation and technical progress to human capital investment and social inclusion. Institutions have come into the equation, as has a prominent role for markets and for the state as drivers of development. Underlying these views were practicalities that shaped the way countries dealt with their need for foreign capital, the management of the macroeconomy, and their responses to economic and financial crises. There was a prominent role for the so-called Bretton Woods institutions, namely, the World Bank and the International Monetary Fund, in shaping prevailing views of development and putting them into practice. This Danny Leipziger The Role and Influence of IFIs has been important, both directly and indirectly, in affecting policy choices made by developing country governments over past decades. Keywords: Bretton Woods Institutions; World Bank ideology toward development; IMF ideology and development; changing development paradigms; international financial institutions; Bank-Fund Collaboration; Bank-Fund Concordat. Chapter 49 Page 2 Danny Leipziger The Role and Influence of IFIs Introduction International financial institutions (IFIs) have strongly influenced development......

Words: 8605 - Pages: 35

Free Essay


...within an institution can be positive or negative, depending on what the institution offers and how the individual responds. Lily Arthur the protagonist in the documentary in Gone to a Good Home (2006) directed by Karen Beckman and Kerry Tucker in The Graduate (2010) by Tracy MacArthur both undergo traumatic experiences that change their life forever. In the Graduate, Kerry Tucker is sentenced to prison for 5 years for her crime, though in the worst possible place, physically and mentally, she is able to see the positives in the institution, completing an Arts Degree in Literature, becoming a model citizen. As a consequence of the institutions, their individuality and identity is tested they are forced ti comply with the rules and regulations of the institutions and experience events that can leave positive and negative outcomes, influencing their view of themselves and the world. Institutions can deprive individuals of their identity; however, this can be overcome if the individual is strong willed enough. In Gone to a Good Home, the religious institution of the Holy Cross Home for Girls confides Lily away from society as she is in “moral danger” for being a pregnant, unwed teenage girl. The black and white dramatic recreations of Lily when her hair was being cut upon first entered the home emphasises the physical loss of her identity as well as the oppressive power of the institution, therefore inevitably complying with the rules and regulation of the institution,......

Words: 812 - Pages: 4

Premium Essay

Total Institutions

...a Canadian-American sociologist, describes an establishment that is capable of causing such drastic changes as a “total institution”. An example of such institution is seen in Frederick Wiseman’s documentary called, “Titicut Follies,” about a state hospital for the criminally insane in Bridgewater, Massachusetts. Through out the film, there were many instances that agreed with Goffman’s theory of what constitutes a total institution. What exactly is a total institution? According to Goffman, this term refers to a place in which people are detached from the rest of society and taken under almost complete control from the staff in charge. It is a place where people who have comparable social situations, like those in the documentary who commit crimes, but are also mentally unstable, reside. They live a confined life, where no boundaries are set for the three spheres of life which include, work, play, and sleep. (Goffman 1961) In a sense, this process tends to dehumanize the individual and strip them away from all the characteristics that made them who they were. With a blank slate, the institution is able to re-socialize the person into what they seem fitting. Life is experienced and controlled under one specific authority, often in the company of a large group of people. The other people are treated just the same and required to participate in union in all the phases of daily activities that have been carefully planned out. (Goffman 1961) Dehumanization seems to have been......

Words: 1121 - Pages: 5

Premium Essay

Social Institutions

...Influence of Social Institutions: Family, Religion and Education Elizabeth Bouer SOC/100 May 30, 2016 Dr. Karly Way Schauwecker The Influence of Social Institutions: Family, Religion and Education Early philosopher and originator of Functionalism theory, Herbert Spence (1820-1903), compared parallels between the function of the human anatomy and society. “He argued that just as the various organs of the body work together to keep the body functioning, the various parts of society work together to keep society functioning” (OpenStax CNX, 2015, p.15 ). Just as the body has organs that help it to exist and thrive, society also has key components which attribute to its overall success. These essential parts of the successful and fluid existence of a society are referred to as social institutions. Social institutions are structures of principles or conducts, focused on achieving social needs. Six critically significant, outlines of social institutions are: government, education, family, healthcare, religion and the economy (CNX, 2015). Government has its benefits, in that it helps to structure, regulate and organize a society. Healthcare is an essential component, not only for the continuity of existence, but as well as for continuance of reaching full/highest human potential. The economy (more specifically its success), is a critical element for a society’s ability to endure, succeed and grow. However, for many, out of the six institutions, the......

Words: 1850 - Pages: 8

Premium Essay

Microfinace Institution

...CHAPTER 1 INTRODUCTION Background history Nissi Global is a microfinance institution with its head offices located in Bulawayo at corner 11th Ave & George Silundika. His Honour, Mr Phiri (MBA Oxford Brooks), is one of the founding Directors who is still active and steering the institution to date. Nissi Global has successfully provided financial services to enterprises and individuals for more than 18 years. Supported by a number of developmental funders, Nissi has traceable operations. Nissi was established in 1996 as a private limited company and later in June 1999 was converted to a public limited company incorporated under the Company’s Act (Chapter 21:03) of the laws of Zimbabwe at the request of funders, particularly the Microstart and Social Dimension Micro Enterprise Programme and Hivos-a Netherlands donor. Nissi’s Senior Management together with a determined Board of Directors led the start-up and expansion of this profitable donor funded project which grew from one branch to twenty-three branches nationwide during the pre-dollarization era.  Nissi global has now expanded its product range to include foreign exchange, Pay Day Loans, Business Loans, Housing Microfinance, Stop order loans and also running agencies such as Ecocash and CBZ. Nissi Global as a microfinance company has set its standards to operate as efficient as banks or better. It has the aspirations of becoming a macro- finance company than micro as it is. It fosters a culture of professionalism and...

Words: 7989 - Pages: 32

Premium Essay


...the FDA. Ironically, the incidence of capsular contracture did not seem to diminish with the new design. The third generation of silicone breast implants, created in the 1980's, included manufacturing improvements to the implant shells. The cover material was thickened and reinforced with silica to improve the wear and tear and to prevent silicone gel bleed. In the fourth generation, which some people consider a later phase of the third generation, manufacturers began to use thicker, more cohesive silicone gel fillers. These are the implants from Allergan and Mentor which gained FDA approval in the United States in November 2006. The fifth generation is the one which spawned the term "gummy bear implants," now used by many to describe all silicone implants on the market today. The silicone gel material is not just thick and cohesive, it's what's known as "form stable," as the manufacturer includes more of an agent called a "crosslinker" to create a gel that's both solid and soft. Just like a gummy bear, the implants feel soft and pliant but bounce back from the touch. And when cut, the material retains its shape and does not leak. These implants are currently undergoing clinical trials in the United States though they have been widely available in Europe and elsewhere for years. Early studies of the latest silicone implants suggest this fifth generation will prove to be the most safe and effective yet. This means even better results for Los Angeles breast implant......

Words: 661 - Pages: 3

Free Essay

The 882 4bh 1000 Best Songs of All Time Countdown (2012)

...The 882 4BH 1000 Best Songs Of All Time Countdown (2012) Website List Number 1000 999 998 997 996 995 994 993 992 991 990 989 988 987 986 985 984 983 982 981 980 979 978 977 976 975 974 973 972 971 970 969 968 967 966 Title Take A Letter Maria It's My Party I'll Never Fall In Love Again I Say A Little Prayer I Wanna Wake Up With You Nice To Be With You Pasadena If I Were A Carpenter Could You Ever Love Me Again Classic I Can Dream About You Different Drum It Never Rains In Southern California Moviestar Born To Try Rockin' Robin I Just Want To Be Your Everything Spirit In The Sky We Do It Drift Away Orinoco Flow She's Like The Wind Gimme Little Sign For Your Eyes Only Words Are Not Enough Perfect Bye Bye Love I've Never Been To Me Year Of The Cat If I Can't Have You Knock On Wood Don't Pull Your Love You've Got Your Troubles Romeo's Tune Blowin' In The Wind Artist RB Greaves Lesley Gore Bobbie Gentry Aretha Franklin Boris Gardiner Gallery John Paul Young Four Tops Gary & Dave Adrian Gurvitz Dan Hartman Stone Poneys/Linda Ronstadt Albert Hammond Harpo Delta Goodrem Henchmen Andy Gibb Norman Greenbaum R & J Stone Dobie Gray Enya Patrick Swayze Brenton Wood Sheena Easton Jon English Fairground Attraction Everly Brothers Charlene Al Stewart Yvonne Elliman Amii Stewart Hamilton, Joe Frank & Reynolds Fortunes Steve Forbert Peter Paul & Mary 965 964 963 962 961 960 959 958 957 956 955 954 953 952 951 950 949 948 947 946 945 944 943 942 941 940 939 938 937 936 935 934 933 932 931...

Words: 6514 - Pages: 27

Free Essay

Social Institutions criminal organizations would be to compare them to social institutions. A social institution on defined as a group of people who get together with a common purpose. Some social organizations are Lions club, Veterans of foreign wars, Shiners, and even the Boy Scouts. A criminal organizations is also a group of people that get together with a common purpose, this purpose would be committing crime. Both Social Institutions and criminal organizations are managed by one person who makes all the decisions. The big difference between the two is that social institutions are legal in nature with criminal organizations or illegal. Organized crime is a business like any other legal business. They both have structure and the general purpose is the same, to make money. A criminal organizations in general makes moneys with little to no overhead because they do not buys their product and resale it. Criminal organizations steal most of their product. A legal business produces or purchases their goods for resale. This is one of the major differences between social institutions and criminal organizations. There is evidence showing that criminal organizations so a patterns of networking to grow their business, A partnership, or a patron-client relationship (Lyman, 2007). Once again these are very similar on how legal businesses are operated. Criminal organizations also operate in a very hostile environment. A legal social institution work in harmony with to achieve the same goal as a......

Words: 337 - Pages: 2

Free Essay

Financial Institutions

...Financial markets and Institutions Shahin Farhood Strayer University Instructor: dr.Garold leonard 09/03/2012 Abstract I’m going to analyze the role of financial markets and the role of the markets in the U.S economy and talk about the various type of the securities and asses the current risk, some research about the financial markets and develop the strategies to manage the risks, some research about federal reserve and role of the company and its monetary policy to affect the securities, explain how monetary policy works in U.S and the other countries. Financial markets and Institutions With the opening of global markets financial institutions have been playing a key role in globalizations. From securities, stocks, investments, financial institutions have opened markets. For instance in Europe, financial and governmental agencies have established a currency, electronic foreign Exchange trading. The World Trade Organization, (WTO) has established markets that are constantly debating ethical issues. World-wide tragedies make financial institutions a key player in relief efforts, such as hurricanes, earthquakes, and other natural and world-wide conflicts. The World Bank plays a major role in debt relief as well. There are many roles that financial institutions have on the global economy. Technology in Foreign exchange trading and Capitalism Possible: Changes over the Next Decade "The Internet, together with deregulation and globalization, has engendered......

Words: 279 - Pages: 2