Doral Financial Company Description
The Caribbean is home to more than just sun and fun. Doral Financial offers mortgage, retail, and business banking in Puerto Rico. Traditionally known as a mortgage-banking concern, the company has refocused its efforts to become a broader based community banking institution. The company's Doral Bank has about 40 branches in the Commonwealth. In addition to mortgages, the company offers construction, business, consumer, and other loans. Besides providing mortgage banking services through Doral Bank, the company sells insurance products through Doral Insurance Agency. A group of institutional investors led by Irving Place Capital (formerly Bear Stearns Merchant Banking) owns 90% of the company.
View the Comprehensive Company Description for Doral Financial
The Company Description provides a historical perspective of Doral Financial's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Doral Financial's evolution in the marketplace.
