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RG used to offer a full range of financial services in Puerto Rico and the State of Florida through its wholly owned subsidiaries. Its main subsidiaries were RG Premier Bank , a business and consumer financial services company offering banking services, trust and brokerage services , and various types of loans, and RG Mortgage , which was one ...
The Puerto Rico Department of Treasury (Spanish: Departamento de Hacienda de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the treasury of the U.S. Commonwealth of Puerto Rico. It is one of the constitutionally-created executive departments and is headed by a Secretary. [1]
The Bank was the brainchild of Governor Rexford Guy Tugwell, who signed Law 253 of May 13, 1942, creating the institution in charge of economic development for the Government of Puerto Rico. A subsequent law in 1945 expanded its responsibilities to include serving as the fiscal agent for, and financial advisor of, the government of Puerto Rico.
It is essential for Puerto Rico to reach restructuring deals to avoid a bankruptcy-like process under PROMESA. [12] An internal survey conducted by the Puerto Rican Economists Association revealed that the majority of Puerto Rican economists reject the policy recommendations of the Board and the Rosselló government, with more than 80% of ...
The Department of Transportation and Public Works (DTOP; Spanish: Departamento de Transportación y Obras Públicas) is the Executive Department of the Commonwealth of Puerto Rico that regulates transportation and public works in Puerto Rico. [1] [2] The agency's headquarters are located in San Juan. [3]
The Puerto Rico Industrial Development Company (PRIDCO) —Spanish: Compañía de Fomento Industrial de Puerto Rico (or simply Fomento)— is a government-owned corporation of Puerto Rico authorized and empowered to induce private capital into Puerto Rico in order to establish trade, cooperatives, and industrial operations in Puerto Rico. [1]
The Puerto Rico Department of Correction and Rehabilitation (Departamento de Corrección y Rehabilitación de Puerto Rico) is the law enforcement executive department of the government responsible for structuring, developing, and coordinating the public policies in Puerto Rico, an unincorporated territory of the U.S.
The Secretary of Health of Puerto Rico (Spanish: Secretario de Salud de Puerto Rico) ...