Guyana Development Bank begins operations
Published on: Tuesday 06 October 2026
GEORGETOWN, Guyana (CMC) — The Guyana Development Bank has officially begun operations, with the Irfaan Ali administration describing the institution as a major step towards expanding access to financing for entrepreneurs and small businesses across the country. The bank will provide up to $3 million (One Guyana dollar=US$0.008 cents) in zero-interest, zero-collateral financing, creating a new avenue for nationals seeking to establish or expand businesses. President Ali said the bank is intended...
