Puerto Rico Economic Development Bank

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Puerto Rico Economic Development Bank
Puerto-rico-economic-development-bank-emblem.jpg
Bank overview
Formed July 24, 1985; 28 years ago (1985-07-24)
Jurisdiction executive branch
Headquarters Guaynabo, Puerto Rico
Bank executive Ivonne Otero Guzmán, President
Key document Law No. 22 of 1985
Website www.bdepr.org

The Economic Development Bank for Puerto RicoSpanish: 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.[1] The Bank was established by Law No. 22 of 1985.[2]

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