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Home > About GDB > Principal Subsidiaries > Puerto Rico Development Fund

Puerto Rico Development Fund


Puerto Rico Development FundThe Puerto Rico Development Fund was created in 1977 to expand the financing sources available for the development of the private sector of the economy of Puerto Rico and to complement the Bank’s lending program in this area.

The Puerto Rico Development Fund has the legal power to invest in capital stock and guarantee long-term loans for private businesses that are unable to obtain credit form private banking institutions.

Contact Information

Gerard Gil-Olazábal, Esq.

Executive Director
Tel. (787) 722-2525 x-15429
Fax (787) 723-0975

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