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:
We are the National Development Bank of the Country and based on our mandate we are driven to catalyze economic development rather than making a profit. Financial Sustainability is important so that we can continue to lend.
In addition to our Sectoral Development Projects, BDB offers a wide range of tailored financing options including equity and import/export lending. We also offer Executing Agency Arrangements for a wide range of clientele.
Our offices in Freeport and Nassau support development across the entire archipelago
BDB lends to Bahamians only. Companies with foreign minority partners are also eligible for limited financing under certain conditions