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First Caribbean International Bank Regional Risk-Sharing Facility
The focus of the Facility will be on tourism, small infrastructure and mid-size companies. These sectors have been selected as they are well aligned with the Bank's developmental strategy for the region and are consistent with the respective strategies of the countries to be covered within the Facility. Through the Facility it is not only possible to lower such transaction costs and allow the Bank to participate in transactions that it might not otherwise have been in a position to support, but it also provides the required framework to analyze each project on its own credit and developmental merit, fit within the respective country strategy and the additionality the Bank's participation provides. The Facility is envisioned to produce a very important strategic relationships and new source of deal origination and opportunities for the Bank as the Bank will establish a direct relationship with the borrowers targeted within the Facility.

Project Detail

Country

Jamaica

Project Number

JA-L1018

Approval Date

December 2, 2008

Project Status

Implementation

Project Type

Container

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

-

Lending Instrument Code

-

Modality

Facility

Facility Type

PSF (Private Sector Facility)

Environmental Classification

-

Total Cost

USD 200,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000,000.00

Financial Information

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Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-26504635-4299
Environmental and Social Management Reports
FirstCaribbean International Bank Regional Risk-Sharing Facility [1783463].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-26504635-3669
Project Abstract
FirstCaribbean International Bank Regional Risk-Sharing Facility [1412763].PDF
Dec. 31, 1999
English

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