Jurisdiction executive branch Website www.bdepr.org Founded 24 July 1985 | Key document Law No. 22 of 1985 Headquarters Guaynabo, Puerto Rico | |
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Formed July 24, 1985; 31 years ago (1985-07-24) Bank executive Ivonne Otero Guzmán, President | ||
The Economic Development Bank for Puerto Rico —Spanish: Banco de Desarrollo Económico para Puerto Rico (BDE)— is a government-owned corporation of Puerto Rico that provides loans, loan guarantees, and funds to private organizations whose economic activities have the effect of replacing imports in Puerto Rico. The Bank was established by Law No. 22 of 1985.
References
Puerto Rico Economic Development Bank Wikipedia(Text) CC BY-SA