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Guyana Development Bank: Online platform set up, 2 categories of loans being offered

Developing storyGuyana Development Bank Opens With US$100 Million to Fund Small Businesses →

Business

Finance

October 6, 2026

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Guyana Development Bank: Online platform set up, 2 categories of loans being offered

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…as Ministerial team engages new Board of Directors

The Guyana Development Bank (GDB) officially commenced operations on Monday, offering two categories of loans with no collateral required and free of any interest.

With an initial capital of US$100 million, the state-backed financial institution is offering loans of up to G$3 million to citizens as well as small and medium-sized enterprises (SMEs) to either start a new venture or expand existing businesses.

Business

Finance

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Sourced from Guyana Times. Visit their website to read the full story.

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