Institution details

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Caribbean Development Bank (CDB) (CDB)

Key facts

  • Established in 1969
  • Ownership: Public

Latest update: 03/12/2021

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

Performance highlights

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