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    Reference: 20110477
    Release date: 20 June 2012

    Promoter – Financial Intermediary

    Development Bank of Seychelles Contact point: Mr Roger Toussaint, Managing Director



    Line of credit in favour of the Republic of Seychelles to finance loans to small and medium sized enterprises in Seychelles, through the intermediary Development Bank of Seychelles (DBS).


    The line of credit is to support the availability of term finance to small and medium sized enterprises (SMEs) operating in the productive and service sectors in the Seychelles.



    Proposed EIB finance (Approximate amount)

    EUR 5 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    DBS shall ensure that projects financed are implemented in conformity with the environmental laws of Seychelles.


    DBS shall take all the requisite measures to ensure that the procurement of works, goods and services relating to the subprojects which the EIB finances is the most economically-advantageous option, following appropriate procedures in the light of the circumstances and taking account of quality and efficiency.


    Signed - 24/08/2012


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Seychelles Credit lines