The institution is supervised by the Office of the Commissioner of Financial Institutions of Puerto Rico (OCFI) and is currently listed as active in the regulator's public register. The sale is driven by the retirement of the sole owner and is not a capital raise or minority investment opportunity
Authorised Operating Scope
Placing deposits with and extending loans to other international financial entities, banks and the Economic Development Bank of Puerto Rico
Providing loans and related services to foreign persons, subject to applicable licence limitations
Investing in eligible Puerto Rico government securities
Conducting incidental or additional activities authorised by OCFI
Establishing branches with prior regulatory approval
Accepting time deposits from foreign persons under a separate OCFI ruling and subject to its conditions
ID 20260366
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