CIDB loans for public servants and small businesses

| 04/11/2015 | 0 Comments

Cayman News Service(CNS Business): The Cayman Islands Development Bank (CIDB) has introduced two loan programmes, one designed for small- and medium-sized enterprises (SMEs) with proven track records for at least two years, and the other for public sector workers who want to consolidate their high-interest rate debt. Wayne Panton, the minister responsible for financial services and commerce, said the bank was now in a position to lend and fuel development due to government’s support for the bank in addressing the bad loans and poor decision-making of the past.

Read more and comment on CNS Business

Print Friendly, PDF & Email

Tags: ,

Category: Local News

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.