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.
