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.
Households and MSME’s in Grenada who are vulnerable to climate-related risks can be the beneficiary of a concessionary loan.
The CFA provides 50% grant funding towards the purchase of equipment for farmers to implement water-efficient technology.
GDB in partnership with Government of Grenada introduces the MSME COVID-19 Support Fund Facility.
The ability to successfully respond to the needs of its valued customers during the height of the COVID-19 pandemic.
2019 proved to be another successful year both financially and operationally for the Grenada Development Bank.
Members of the Board of Directors, Management and Staff gathered to commemorate this historic occasion with the planting of a Flamboyant tree.
$900K from the revised Government of Grenada’s Small Hoteliers Loan programme available through the Grenada Development Bank has already been approved.
19 small business owners can now boast of being more proficient in bookkeeping. This after completing a workshop organised and hosted by the GDB.
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.
For the 2nd consecutive year, the Grenada Development Bank provided sponsorship to the Hillsborough Secondary School for their 13th Annual Awards Ceremony.
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.
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.
Mrs. Janet Bennett-Whint, owner of Spice Isle Plantation is one of many satisfied Small Business Development Fund customers.
Grenada Development Bank was welcomed on board as a first time sponsor for the Hillsborough Secondary School’s 12th Annual Award Ceremony.
The Grenada Development Bank (GDB) has appointed Mrs. Chriselle Benjamin-Jerome as Communications Officer of its operations, as of May 29, 2017.
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.