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FDIC Enforcement Decisions and Orders

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{{6-30-03 p.TC-437}}

   [16,329] FDIC Docket No. 02-047b (2-6-03).

In the Matter of
BANCO FINANCIERO de PUERTO RICO
PONCE, PUERTO RICO
(Insured State Nonmember Bank)
ORDER TERMINATING ORDER TO CEASE AND DESIST

FDIC-02-047b

   IT IS HEREBY ORDERED, that the Order to Cease and Desist issued on June 10, 2002 against Banco Financiero de Puerto Rico, Ponce, Puerto Rico pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(b), be and hereby is, terminated.

   Dated at New York, New York, this 6th day of February, 2003.

   Pursuant to delegated authority.

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Last Updated 6/17/2003 legal@fdic.gov

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