Boost in the capital base of EXIM bank

The capital base of  the EXIM Bank has been boosted through a new 20-million US dollar loan deal it signed Wednesday with the Petrocaribe Development Fund.
     
The capital injection will allow the EXIM Bank to continue providing competitively priced financing to help stimulate growth in the economy.
An immediate spin off from the loan deal is that small and medium enterprises operating in the productive sector can now benefit from a new accelerated loan processing initiative.
    
This special offer runs from now until March 30.