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.

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We have created a new system to help us address questions we receive from the public for the press briefings. We are getting hundreds every day and it’s impossible to read and deal with them while the PB is in process as there are a lot of moving parts to being able to do the Zoom meeting, take notes and respond to their info in real time.

So we are asking people to send their questions each day BEFORE NOON to: covid-questions@caymannewsservice.com

This will give us a chance to read, sort and consolidate the questions so that we get to the issues that people are most concerned about.

Thanks for your help. In the meantime the ones you have sent will be sorted and collated.