Barbados central bank to manage ‘enhanced credit guarantee scheme’
Central bank to provide security for commercial bank lending to SMEs
The Central Bank of Barbados will be responsible for an enhanced credit guarantee fund, it was announced on November 11, expanding its focus on providing financial support to small and medium-sized enterprises (SMEs).
The fund will act as a partial credit guarantee to some medium- to long-term financing for SMEs through eligible financial institutions. It will be managed by the central bank.
"The Trust Deed between government and the central bank which we are about to sign, signals a substantial
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