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- Operations
- Development Bank of Jamaica (DBJ)
Development Bank of Jamaica (DBJ)
Jamaica
Borrower | Development Bank of Jamaica (DBJ) |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Financial |
Approved | 20.12.2005 |
Signed | 12.05.2006 |
Status | Completed |
Loan Administrator | OPEC Fund |
OPEC Fund Contribution (US$m) | 5.00 |
The Development Bank of Jamaica is dedicated to
facilitating investment with a view to stimulating
sustainable national economic growth and development.
The rationale for providing the line of
credit is to help create business opportunities for
small and medium-size enterprises in Jamaica.
The financing will allow the Bank to expand as a
financial intermediary by offering an additional
number of loans to approved financial intermediaries
for on-lending to local clients, thus contributing
to the development of the local capital
markets and advancing overall economic development.