Financial Sector Operation

Promoteur – Intermédiaire Financier

• Bank of Nova Scotia Jamaica Ltd
• First Caribbean International Bank (Jamaica) Ltd
• Trafalgar Development Bank Ltd

Lieu

• Jamaique

Description

Loan from risk capital resources to selected intermediaries for onlending either in Jamaica or US dollars, on market related terms, to local private enterprises

Objectifs

To assist in the provision of long term loan funds for investment projects of small and medium-sized entreprises.

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 20 million

Coût total (montant approximatif)

EIB funds may be used to finance up to 50% of any single investment.

Aspects environnementaux

All enterprises benefiting from the proposed funds will be expected to fulfil national environmental legislation. Such fulfilment will be part of both the Bank’s and the intermediaries’ due diligence of each project proposed.

Statut

Signé - 20/12/2002