Driving Growth. Empowering You.
The Development Bank of Jamaica is a wholly owned Government company created in 2000 as a result of mergers with other development-related institutions that included the Agricultural Credit Bank of Jamaica, the National Development Bank of Jamaica and, in 2006, the National Investment Bank of Jamaica.
The DBJ provides, to all levels of Jamaican entrepreneurs, a range of services that includes:
Access to low-cost financing through our network of Approved Financial and Microfinance Institutions
Partial loan guarantees
Renewable energy financing solutions
Technical assistance and capacity development
Private equity and venture capital support
Opportunities to expand entrepreneurship and ownership via privatization services and public-private partnerships
The DBJ facilitates economic growth and development across all sectors and includes all Jamaicans, regardless of socio-economic strata, in its quest to meet the Vision 2030 goal of making Jamaica “the place of choice to live, work, raise families and do business.
Vision
By 2030, the DBJ is Latin America & the Caribbean’s leading development finance institution that drives sustainable development and contributes to innovation & broad-based socio-economic growth in Jamaica and the region.
Mission
The Development Bank of Jamaica, through its customer-centric approach, provides opportunities to all Jamaicans to improve their quality of life through development financing, capacity building, Public Private Partnership and Privatisation solutions, in keeping with Government policies and sustainable development goals.
What We Do
While the DBJ provides funding and technical assistance to large projects, it has expanded and improved its assistance to micro, small and medium-sized enterprises (MSME) which are widely recognised as the engine of economic growth and development, especially in small economies.
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The DBJ supports Jamaican businesses through the provision of access to financing, support services and a partial guarantee facility. The Bank also facilitates investment, by all Jamaicans, in publicly-owned entities through the Public-Private Partnerships and Privatisation (P4) programmes, allowing the Government to transfer the ownership, management and operations of public assets to the private sector which is better able to efficiently operate them.
Our Focus
- DBJ provides low-cost business loans to viable enterprises across key sectors and supports the growth of Jamaica’s private capital ecosystem as an anchor investor in equity and credit funds.
- Increasing demand for development finance by strengthening the capacity of MSMEs to borrow, invest and expand.
- Managing and executing the Government’s Public-Private Partnerships and Privatisation programmes, through which entrepreneurship is developed and the ownership base of public entities is broadened.
