Agency Name: | Puerto Rico Economic Development Bank |
Type: | Bank |
Headquarters: | Guaynabo, Puerto Rico |
Chief1 Name: | Luis Alemañy |
Chief1 Position: | President |
Keydocument1: | Law No. 22 of 1985 |
Website: | www.bde.pr.gov |
The Economic Development Bank for Puerto Rico Spanish; Castilian: 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]