Co-funded by the European Union
Co-funded by the European Union
Location
Anguilla, Barbados, Belize, British Virgin Islands, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Antigua und Barbuda, Bahamas, Saint Kitts and Nevis, Cayman Islands, Turks and Caicos Islands, Trinidad and Tobago
Topic
Access to Finance
Beneficiary
Caribbean Development Bank (CBD)
Status
Completed
Year
2022
The Caribbean Development Bank (CDB) has requested support on how to structure its private sector lending and for a market study on the potential for trade finance in the region
A first confidential study on how to best structure CDB’s private sector lending and on options for on how to access guarantee schemes was finalised in August 2022. The study also provided guidelines on how to apply to selected relevant guarantee programmes.
The resulting recommendations have been submitted to CDB senior management and provide guidance for strategic decision-making.
DB has also requested support in assessing the feasibility and market potential of setting up a Trade Finance and Supply Chain Finance Facility for the Caribbean region, with the aim of improving access to financing especially for MSMEs. The market study delivered mid2022 suggests a considerable potential for CDB to become active in trade and supply chain finance in the Caribbean. Guidelines for an appropriate institutional and financial configuration for this facility and the structure of the financial instruments it should offer are currently being developed.