NASSAU, The Bahamas – The Caribbean Development Bank’s (CDB, the Bank) board of directors has approved the advancement of a landmark First-Loss Portfolio Credit Guarantee with the government of Canada, which the prime minister of Canada announced at the last G7 Leaders’ Summit in Kananaskis in June 2025. The USD 200 million guarantee will significantly strengthen the Bank’s ability to deliver development financing across the Caribbean. The appro…
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