The Puerto Rico Economic Development Bank and the Justice Department announced Thursday the signing of a Memorandum of Understanding that will streamline processes, increase administrative efficiency and strengthen enforcement efforts related to the Property Registry for both agencies.
Economic Development Bank President Luis Burdiel-Agudo unveiled Wednesday details of a new guarantee or insurance program for commercial loans to be provided by other financial institutions, including credit unions.
Looking to double its client base at the local level and export its services internationally, Internet Vision Development (INVID) has signed a financing agreement of $377,000 with the Puerto Rico Economic Development Bank, company and bank officials said Wednesday.