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Subsequent Events
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events

NOTE 33 SUBSEQUENT EVENTS

On January 6 and 7 of 2020, significant earthquakes struck the island of Puerto Rico with significant damages in the southwestern part of the island. Oriental’s digital channels, core banking and electronic funds transfer systems and branches continued to function uninterrupted during and after the earthquakes. There were no structural damages to the Oriental’s facilities. Oriental maintains insurance for its properties, including business interruption. Oriental made an assessment with information available for the impact of recent earthquakes on its credit portfolio and determined that they were not significant. The documentation for the assessment considers all information available at the moment; gathered through visits or interviews with our clients, inspections of collaterals, identification of most affected areas. Oriental will continue to assess the impact to our customers as more information becomes available.