The Development Bank of Jamaica Limited
The Development Bank of Jamaica Limited is a corporation that is wholly owned by the Government of Jamaica and is mandated to foster economic growth and development of strategic sectors of the Jamaican economy.
The DBJ’s aim is to facilitate the growth and development of all viable enterprises in the productive sectors of the Jamaican economy. These sectors include agriculture and agri-processing, manufacturing, information technology, mining and quarrying, energy, services and tourism.
In fulfilling its mandate, the Bank provides the following services:
- Appropriate medium and long-term financing solutions [through alliances with Approved Financial Institutions (AFI) and other financiers] in a timely and efficient manner and at attractive interest rates to all entities, but with an emphasis on small and medium-sized enterprises.
- Direct lending for large projects in strategic areas.
- Management and privatization of national assets and investments.
- The DBJ utilizes its own resources and borrows funds from external financial institutions for on-lending through its network of AFI partners.