Caribbean Financial Services Corporation Global Loan III

Promoter – Financial Intermediary

Caribbean Financial Services Corporation (CFSC)

Location

• Regional - Caribbean

Description

Global loans from risk capital resources for the financing of SME-investments in Barbados, Belize, Guyana, Jamaica, Surinam, the OECS countries and Trinidad & Tobago. Sectors excluded are real estate and other sectors traditionally excluded from EIB financing.

Objectives

To support financial sector development in the regions mentioned above and encourage development of the private sector.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 8 million

Total cost (Approximate amount)

N.A.

Environmental aspects

The intermediary will be required to pay particular attention, during the appraisal of investments, to assessing environmental impacts and ensuring that appropriate measures are incorporated as necessary in project design and implementation.

Procurement

N.A.

Status

Signed - 13/05/2003