DBJ History
This person, appointed in March 2025, is the new Managing Director of the DBJ, focusing on expanding access to funding and innovation.
Who is Dr. David Lowe?
The DBJ now holds the highest credit rating among development banks in this group of English-speaking countries.
What is the English-speaking Caribbean?
Jamaica will receive the full US$150 million payout from this World Bank-backed risk instrument after Hurricane Melissa.
What is the World Bank catastrophe bond?
The DBJ offers this popular loan guarantee product through approved financial institutions to help MSMEs access loans without full collateral.
What is the Credit Enhancement Facility (CEF)?
The DBJ has partnered with TBR Lab to launch this climate-tech acceleration programme, the first of its kind in the region.
What is “Carbon Shift”?
This sector was one of the hardest hit by Hurricane Melissa, prompting rapid assessments and emergency funding for crop and livestock recovery.
What is Jamaica’s agricultural sector?
DBJ supports businesses adopting digital tools through this voucher programme.
What is the DBJ Digital Transformation Voucher?
The DBJ signed a memorandum of understanding with Caribbean Export to support this kind of corporate–startup collaboration initiative.
What is a corporate-venturing pilot programme?
The Jamaican government activated this national mechanism to coordinate disaster response and relief efforts.
What is the National Emergency Operations Centre (NEOC)?
This DBJ initiative supports high-growth startups through training, mentorship, and innovation financing.
What is the DBJ Entrepreneurship Programme?
The DBJ launched this J$2-billion financing facility to support MSMEs in agriculture, health, manufacturing, and creative industries.
What is the ORBIT (Opportunities for Resilient Businesses, Innovation & Transformation) programme?
Damage to this national utility caused widespread outages, with teams working around the clock for restoration.
What is the Jamaica Public Service (JPS) power grid?
DBJ’s loan and grant programme that helps businesses reduce energy costs and invest in solar or efficient equipment.
What is the DBJ Energy Audit Grant & Energy Loan Facility?
This bank recently had its credit rating reaffirmed by CariCRIS at CariA (local) and CariA- (foreign), with a stable outlook.
The Development Bank of Jamaica (DBJ)
Hurricane Melissa made landfall in Jamaica at Category 5 strength, with sustained winds of about 185 mph, making it one of the strongest storms ever recorded.
What was the intensity of Hurricane Melissa when it hit Jamaica?