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Development Bank receiving applications for low rate housing and agriculture loans

The Development Bank of St. Kitts and Nevis is now receiving applications from government employees, and registered farmers and fishers desirous of benefitting from the low interest rate loans that have been made available through the instrumentality of the Federal Government of St. Kitts and Nevis.Prime Minister, Dr the Hon Timothy Harris, had on May 17 announced that Government would launch the first tier of an EC$30 million housing programme.

Dr Harris, who is also the Minister of Finance, made the announcement while delivering the keynote address at the opening ceremony of Caribbean Investment Summit 2018 at the Marriott Resort. He also advised that the loans will be at five per cent which he noted was the lowest in the Federation.

 

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