Edition:
United Kingdom

First Bancorp. announces termination of written agreement


Thursday, 5 Oct 2017 

Oct 5 (Reuters) - First Bancorp :First bancorp. announces termination of written agreement.Says ‍agreed with reserve bank to continue to obtain approval of reserve bank before paying dividends, receiving dividends from bank​.Says ‍effective Oct 3, Federal Reserve Bank of New York terminated formal written agreement between co and reserve bank​.