Institution details
Caribbean Development Bank (CDB) (CDB)
Key facts
- Established in 1969
- Ownership: Public
- P.O. Box 408
- None
- https://www.caribank.org
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | AA+ |
Products
- Loans
- Other products
Loans
- Lending terms for public borrowers:
- Minimum loan size: USD 200,000
- Maximum maturity (including grace period): 20–30 years, depending on borrowing country
- Maximum grace period: 5–10 years, depending on borrowing country
- Interest rate: 2.0%–2.5% per annum, depending on borrowing country
- Upper lending limit: 80%–90%, depending on borrowing country
- Commitment fee: 1% per annum; 0.25% per annum for financial intermediaries - Lending terms for private borrowers:
- Loan size: Up to 40% of the project cost
- Interest rate: Variable, and reviewed semi-annually
- Maximum maturity (including grace period not exceeding 5 years): Up to 14 years
- Front-end fee: Up to 1%
- Commitment fee: 1% per annum; 0.25% per annum for financial intermediaries
Other products
- Basic Needs Trust Fund (BNTF)
- Caribbean Technology Consulting Services (CTCS)
- Community Disaster Risk Reduction Fund
- Cultural and Creative Industries Innovation Fund (CIIF)
- Special Development Fund
- Regional Public-Private Partnership Support Facility