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Caribbean Financial Network

Bahamas Development Bank

bahamas-development-bank
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Biz Phone
242-702-5700
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Our Motto Empowering Bahamians for ownership because we’re Bahamians too. Our Corporate Vision To be the developmental financial institution of choice for Sustainable Development throughout The Bahamas. Our Corporate Mission To be the Government’s catalyst in facilitating and stimulating sustainable development through economic expansion and diversification throughout the Commonwealth of The Bahamas. Our Core Values We foster trust and integrity with our customers and colleagues. We uphold accountability and transparency to our stakeholders. We deliver professional and excellent customer service. We provide innovative products and services. We are adaptable learners, we embrace change. The Bahamas along with the rest of the United Nations member countries recognizes that economic development must also consider the needs of the environment and people along with financial prosperity. The Bank has integrated international frameworks for development including the Sustainable Development Goals into our strategy. The 17 SDGs consider climate change, financial inclusion, gender equality, quality of work and environmental sustainability as part of development. Our strategy focuses on the twin pillars of financial sustainability and development impact. Principal functions The Bank is the Government’s primary provider for promoting industrial, agriculture and commercial development, facilitating participation in approved enterprises while stimulating and enhancing the economic development of The Bahamas. The Bank serves a wide and diverse population with its clientele being drawn from all levels of the Bahamian society and throughout the archipelago. The Bank is mandated to provide financing for economically viable projects that: Create employment Utilize Bahamian materials and resources Reduce imports and increase exports Introduce new technology and skills Promote prosperity for all Bahamians The Bank’s fundamental purpose therefore is to assist with the industrial growth of The Bahamas by providing financial assistance in key areas.
Agriculture, Fisheries, Manufacturing, Services, Tourism, Technology, Transportation financial assistance, Sectoral Development, MSME Financing Center, Executing Agency Agreements,

Bahamas Development Bank

Cable Beach, West Bay Street, Nassau, Bahamas,

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