Minister Audley Shaw speaking at the official signing ceremony between USAID and NCB
MIIC Author
Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, speaking at the official signing ceremony between the United States Agency for International Development (USAID) and the National Commercial Bank of Jamaica (NCB), at the NCB Wellness and Recreational Centre, Phoenix Avenue, Kingston, on Thursday, October 31, 2019. Seated (from left) are Assistant General Manager, NCB, Stuart Reid; Deputy Chief of Mission, United States Embassy, John. W. McIntyre; Senior General Manager, NCB, Brian Boothe; and Assistant Administrator for the Latin America and the Caribbean Bureau, USAID, John Barsa. The signing of the Development Credit Authority Loan Portfolio Guarantee Agreement will assist Small and Medium Enterprises across the Caribbean. SMEs with collateral constraints can now access financing for Energy Savings Projects, Clean Energy Production Projects, as well as general business development. Additionally, NCB will be better equipped to help create the optimal environment for economic development through this initiative, and numerous programmes, products and services designed to strengthen Jamaica’s SMEs.
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