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Inter-American Investment Corporation

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RBTT Bank Jamaica Limited

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IIC’s Communications Group
E-mail: divulgacionpublica@iadb.org

For project inquiries, including environmental and social questions related to an IDB Invest investment, please contact the client or IDB Invest using the contact information provided above. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism.
Tel:+1 (202) 623-3952
Fax: +1 (202) 312-4057
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Project Number: 
JA1041A-01
Expected Consideration Date by the Board: 
07/30/2003
Date Posted: 
06/20/2003
Company: 
RBTT Bank Jamaica Limited
Financing Requested: 
Sector: 
Financial Services
Location: 
Kingston
Country: 
EN_COUNTRY_JM-Ministry of Finance and the Public Service
Scope Objective: 
The project consists of a long-term loan of up to US$10 million to RBTT Bank Jamaica Limited. The loan proceeds will be used to finance small and medium-size enterprises in Jamaica that require long-term funds to finance the acquisition of fixed assets, machinery or working capital.
Environmental Review: 
This is a Category III project according to the IIC's environmental and labor review procedure because specific impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. Each subproject will be subject to an environmental review and must comply with national environmental and labor laws, regulations and standards as well as IIC policies. To enable the Borrower to better understand the IIC's requirements, 2 employees shall be required to attend IIC's financial intermediary environmental training seminar.