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Natural Disaster Impact

‘Unfortunately, we’ve gotten pretty good at this’: Popular’s CEO in wake of Hurricane Fiona

Sumary of ‘Unfortunately, we’ve gotten pretty good at this’: Popular’s CEO in wake of Hurricane Fiona:

  • Jose JimenezGetty Images As the storm approached Puerto Rico, Alvarez spoke twice daily with a group of staffers designated to handle emergencies.
  • Popular executives expect more branches to begin receiving electricity from the country energy grid in the coming days.
  • Alvarez waited in line at gas stations to buy for his bank generators in the aftermath of Maria, he said.
  • They decided to prepare the larger generators they had at bank branches and employ a number of policies to make sure customers wouldnt be penalized for making late payments or needing quick money in the storm aftermath.

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