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Funding is provided for any financially viable agricultural, agro-processing, fishing, industry and tourism development project, including vehicles for business purposes.

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DEVELOPMENT FUND

A fund to provide assistance to small businesses, in collaboration with the Government of Grenada.

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The team at Grenada Development Bank is always here to lend a hand and professional guidance to you and your family as you face the financial world of today.

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Contact Grenada Development Bank for further information about loans, properties for sale or financial advice.

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The latest career opportunities available within the team at Grenada Development Bank.

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GDB Invests $20.8M into the Grenadian Economy in 2021

Grenada Development Bank (GDB) continues to make invaluable contributions towards the nation’s development with 2021 being a record-breaking year as the institution disbursed EC$20.8M toward the recovery of the economy in the wake of COVID-19.

investment

GDB Implements 2% Loan Financing for Climate Adaptation in Buildings

GDB as the service provider for Output 4 of the Green Climate Fund financed Enhanced Direct Access Project

Households and MSME’s in Grenada who are vulnerable to climate-related risks can be the beneficiary of a concessionary loan.

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Challenge Fund for Agriculture: The Road Thus Far

269 farmers have registered to participate in the Challenge Fund for Agriculture (CFA).

The CFA provides 50% grant funding towards the purchase of equipment for farmers to implement water-efficient technology.

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Further COVID-19 Relief for MSMEs

MSMEs who were adversely affected by Covid-19 now have an added avenue for relief from its effects

GDB in partnership with Government of Grenada introduces the MSME COVID-19 Support Fund Facility.

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GDB Resilience Amidst Diversity

GDB's most important achievement for 2020 - its 55th year

The ability to successfully respond to the needs of its valued customers during the height of the COVID-19 pandemic.

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GDB's Strong Performance Results in Dividend Payment

A declaration of dividend to the Government of Grenada for the fourth consecutive year.

2019 proved to be another successful year both financially and operationally for the Grenada Development Bank.

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Grenada Development Bank Celebrates 55

Development is not simply part of the Bank name, but an integral part of its identity.

Members of the Board of Directors, Management and Staff gathered to commemorate this historic occasion with the planting of a Flamboyant tree.

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Small Hoteliers Loan Programme

$900K Already Approved Under Government's Revised Programme

$900K from the revised Government of Grenada’s Small Hoteliers Loan programme available through the Grenada Development Bank has already been approved.

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Small Business Owners Trained by GDB

Business Support and Development Service

19 small business owners can now boast of being more proficient in bookkeeping. This after completing a workshop organised and hosted by the GDB.

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GDB Declares Dividends

GDB Declares Dividends

2018 has proven to be another profitable year for the GDB so much so that for the 3rd consecutive year in the Bank’s history, dividends were paid to the Government of Grenada, its sole shareholder.

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School Support

GDB Supports Hillsborough Secondary School in 2018

For the 2nd consecutive year, the Grenada Development Bank provided sponsorship to the Hillsborough Secondary School for their 13th Annual Awards Ceremony.

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GDB Declares Dividends

GDB pays dividends to Government of Grenada

2017 has proven to be another profitable year for the GDB. For the 2nd consecutive year in the Bank’s history, it was able to pay dividends to its sole shareholder the Government of Grenada.

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School Support

Best Performing Development Bank

GDB, best performing development bank in OECS

With a current non-performing loan ratio of just under 5% the GDB can boast of being the best performing development bank in the OECS sub-region in terms of non-performing loans.

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New Appointment of a Communications Officer

Satisfied SBDF Customers

Customer Lauds Small Business Development Fund

Mrs. Janet Bennett-Whint, owner of Spice Isle Plantation is one of many satisfied Small Business Development Fund customers.

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Loan Recovery Management

School Support

GDB Supports Hillsborough Secondary School in 2017

Grenada Development Bank was welcomed on board as a first time sponsor for the Hillsborough Secondary School’s 12th Annual Award Ceremony.

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Leadercast 2017

New Appointment

Appointment of a Communications Officer

The Grenada Development Bank (GDB) has appointed Mrs. Chriselle Benjamin-Jerome as Communications Officer of its operations, as of May 29, 2017.

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Latest Training

Loan Recovery Management Training

Our staff is now more equipped in the area of Loan Recovery Management thanks to a three day workshop a collaborative effort of GDB and the CDB.

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GDB Social Club

Leadercast 2017

Largest one-day leadership event in the world

Held under the theme ‘Powered by Purpose’, Leadercast 2017 was broadcast live at the Grenada Trade Centre on May 5th, 2017.

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GDB Social Club reading

GDB Social Club 

GDB’s Social Club Reads Across Grenada

Reading was the order of the day on Friday June 30th, 2017 as primary school students across the Tri-Island State explored the world of books for the day.

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