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prima:Negotiations between BDE and PR Recovery have hit a snag, says the bank’s president

Josué Rivera reveals that “unfortunately, no agreement has been reached” regarding the fate of hundreds of business owners following the sale of their loans

September 29, 2026 - 4:45 PM

BDE President Josué Rivera confirmed that, despite the court’s urging, negotiations between the institution, PR Recovery, and other investment funds that acquired the loan portfolio have not progressed. (Carlos Rivera Giusti)

The negotiations for the Economic Development Bank (BDE) to recover the loan portfolio sold at a discount have stalled, and the only option currently on the table is for the matter—which has remained unresolved for years—to be settled in court.

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