Press Release
Stay up to date with DBJ’s latest announcements and media releases.
28 January 2026: The Development Bank of Jamaica (DBJ) Strengthens Partnerships with Local Financial Institutions to Accelerate Post-Hurricane Recovery Through M5 Programme
Kingston, Jamaica: The Development Bank of Jamaica (DBJ) earlier this week strengthened its partnerships with four of its Approved Financial Institutions (AFIs) under the M5 Business Recovery Programme, marking a critical step in the delivery of much-needed financing to businesses impacted by Hurricane Melissa. The commitment signing brought together First Global Bank, Sagicor Bank, EXIM Bank and JN Bank to support local enterprises, including micro, small and medium-sized businesses (MSMEs), as they recover, rebuild and stabilise operations following the natural disaster.
6 October 2025: The Development Bank of Jamaica’s Strong Credit Rating Reaffirmed by CariCRIS.
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) has once again received a reaffirmation of its strong credit ratings from Caribbean Information and Credit Rating Services Limited (CariCRIS). The rating agency reaffirmed the Bank’s Issuer/Corporate credit ratings. DBJ maintained ratings of CariA (Local Currency Rating) and CariA- (Foreign Currency Rating) on the regional scale, and jmAA (Local Currency Rating) and jmAA- (Foreign Currency Rating) on the Jamaica national scale. DBJ secured the highest ratings for development banks across the English-speaking Caribbean, underscoring a good level of creditworthiness relative to other issuers in the region and a high level of creditworthiness relative to other issuers in Jamaica.
5 September 2025: The Development Bank of Jamaica Launches J$2B capital solution programme to assist MSMEs with scaling their businesses for export market expansion
Kingston, Jamaica – Friday, September 5, 2025: The Development Bank of Jamaica (DBJ) has launched its latest financing solution, the Opportunities for Resilient Businesses, Innovation & Transformation (ORBIT), a J$2 billion financing facility to help micro, small and medium-sized enterprises (MSMEs) modernise, scale and compete in priority sectors. The programme will deliver affordable loans of up to J$30 million per business at a competitive interest rate of 8%, targeting businesses in agriculture, manufacturing, health and the creative industries that are seeking to invest in equipment financing for growth.
28 July 2025: The Development Bank of Jamaica (DBJ) Deepens Support for Agriculture Sector with Showing at Denbigh 2025
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) will continue its sponsorship and support the Denbigh 71 Agricultural, Industrial and Food Show, to be held from August 1 – 3, 2025, in May Pen, Clarendon.
2 July 2025: The Development Bank of Jamaica (DBJ) secures Agence française de développement (AFD) grant to expand financing and build capacity for Jamaican MSMES
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) has signed a €400,000 grant agreement with the Agence française de développement (AFD) to support DBJ led initiatives for the growth and resilience of Jamaican micro, small and medium-sized enterprises (MSMEs).
15 May 2025: The Development Bank of Jamaica Begins Manufacturer and Exporter Consultations with FosRich Visit
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) has commenced a series of strategic industry consultations with manufacturers and exporters across the island, aimed at strengthening partnerships, evaluating the impact of its financial interventions and identifying new opportunities to support business expansion and national development. One of the first meetings was held with FosRich Company Limited (FosRich), a DBJ client and a key player in Jamaica’s manufacturing and energy sectors.
24 April 2025: The Development Bank of Jamaica Launches Enhanced Energy Audit Programme to Support Energy Efficient Business Growth
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) has added a powerful new tool to its suite of capital solutions aimed at helping Jamaican businesses achieve long-term sustainability and resilience – the Enhanced Energy Audit Programme (EEAP). This initiative responds to the urgent need for MSMEs to cut energy costs, mitigate risk from fluctuating commodity prices and transition to renewable energy.
8 April 2025: The Development Bank of Jamaica Empowers Farmers with New Capacity Building Initiative to Improve Access to Financing
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) has launched a new initiative to address a challenge within the agriculture sector – eligibility for credit through a financial inclusion and literacy programme. Recognizing this gap, DBJ has introduced the Agricultural Sector Financial Literacy and Inclusion Capacity Building Programme. Backed by a J$29M investment, the initiative is being rolled out in partnership with the Ministry of Agriculture, Fisheries and Mining (MOAF), Jamaica Agricultural Society (JAS) and the Rural Agricultural Development Authority (RADA), targeting 450 individuals across the island.
24 March 2025: Two Jamaican Female Entrepreneurs get J$1M each to support their businesses through DBJ’s Boost HerBiz Programme
Kingston, Jamaica – The Development Bank of Jamaica (DBJ), through its Boosting Innovation, Growth and Entrepreneurship Ecosystem (BIGEE) Programme, hosted the Boost Her Biz Pitch Sessions & Awards Ceremony at the Inter-American Development Bank’s (IDB’s) Jamaica Head Office. The event marked a significant milestone in DBJ’s ongoing commitment to fostering women’s economic empowerment and providing access to financial support to female entrepreneurs.
27 February 2025: The Development Bank of Jamaica Announces DR DAVID LOWE As New Managing Director
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) is pleased to announce the appointment of Dr David Lowe as its new Managing Director, effective March 3, 2025. He will lead the Bank in its continued mission to drive sustainable economic growth through strategic financial initiatives, entrepreneurship support, and development financing.
1 May 2025: The Development Bank of Jamaica Facilitates High-Value Agricultural Cluster Focused on Strawberry Innovation
Kingston, Jamaica – A bold step forward for Jamaican agriculture was commemorated today at the Strawberry Cluster Open Day, hosted at Abbey Garden Farms in Mandeville. The event marked the official showcase of the Jamaica Strawberry Cluster, a pioneering initiative supported by the Development Bank of Jamaica (DBJ) under its Boosting Innovation, Growth and Entrepreneurship Ecosystem (BIGEE) Programme, which is funded by the Inter-American
Development Bank (IDB) and the European Union (EU).
4 December 2024: The Development Bank of Jamaica Empowers Female Entrepreneurs with SHE Means Business Event and BOOST HerBiz Launch
Kingston, Jamaica – The Development Bank of Jamaica (DBJ) reaffirmed its commitment to fostering female entrepreneurship and gender-inclusive economic growth with the staging of the SHE Means Business event on Wednesday, December 4, at the ROK Hotel in Kingston.
