Development Bank Of St. Kitts & Nevis

Description:

We are very pleased to be able to offer this facility to you, our
valued customers, for your ease and our convenience, in accessing
information, as it relates to our services to and for you. The
Development Bank of St. Kitts and Nevis is organized to provide
financial and general credit services, for the purpose of achieving a
reasonable rate of return on shareholders’ equity consistent with
prudent risk exposure and the development objectives of the
Institution. DBSKN is primarily involved in lending to the following
sectors: Tourism Related Ventures, Agro- industry, Manufacturing
sectors, Agriculture, Education, and Housing. DBSKN also provides
various types of short, medium-term loans, for Personal
Development and Business Support Services for clients. An Act of
Parliament NO.1 of 1981 established the Development Bank of St.
Kitts and Nevis. The Act was further amended in April of 1983 by
Parliament., The Bank is wholly owned by the Government of St.
Kitts and Nevis, but it is fully autonomous and operates
independently with a Board of Directors, General Manager, and a
team of staff members., The Bank falls under the direct
responsibility of the Minister of Finance, with the Bank’s Manager
having direct responsibility for the day to day administration of the
Bank.