Bargain Buying Bank In Puerto Rico At A Nice Price for sale

There are 2 banks for sale in Puerto Rico (2019). There is a lot of competition in this place, as it is the most popular point in the world with international banking jurisdiction. At the moment, more than 60 applications for a license are being processed, this is already an indicator that buying a bank here is a profitable investment.
Most of the banks for sale do not have significant deposits.
Steps for buying an international bank:
1. Think over and draw up a business plan;
2. Organization of the board of directors;
3. Organization of negotiations with the seller;
4. Placement of funds for escrow, signing LOI;
5. Full audit of the bank;
6. Agreement with the seller;
7. Placing the remainder of the escrow price;
8. Sale of bank commission;
9. Presentation of the plan to the regulatory authorities;
10. Confirmation of the license terms;
11. Permission to change control;
12. Release of Funds from Escrow.