No, we do not do foreign exchange transactions.

Age limit to apply for a loan is between 18-65 years old. However, the loan should generally be repaid within the balance of your employment or employable years.

Currently there are no penalties for persons paying their loan early.

At present we do not accept debit or credit card payments.

Yes, any St. Lucian citizen living out of St. Lucia can apply for a loan facility with the Bank providing they meet the criteria.

We are opened to the public from 8am to 3pm Monday to Friday.

The Bank only finances projects with a minimum value of $3,000.

The current lending rate ranges from six percent (6%) to twelve percent (12%) based on the risk assessment of the particular loan.

Come in and ask to speak to one of our Relationship Specialists who will be happy to assist you in the application process or you can download a copy of our application forms and make an appointment to see one of our Relationship Specialists.

The Bank is governed by a Board of Directors that has responsibility for the policy and general administration of the Bank. The Board comprises of a number of public and private sector representatives as well as the Managing Director of the SLDB.

At present we do not offer share to the public. For the time being, the Government of Saint Lucia (GOSL) is the sole shareholder in the SLDB.

No Blanket limits! SLDB believes everyone deserves a chance. We go the distance with you; we provide customized solutions; we treat every customer with dignity and as a key partner; we measure our success by yours; we believe in you!

Bank address: #4 Bridge Street
P.O. Box CP 5900
Castries
St. Lucia
Tel: 758-456-7532
Fax: 758-453-3839

Please come visit us to ascertain your specific pre-approval and pre-disbursement requirements. However documents required for all applications are listed on our brochures or on the Products and Services tab on this website.

SLDB offers financing for Agriculturefor Agriculture and Fisheries, Educational and Professional Studies, Housing, Tourism, Industry and Services. SLDB also offers and facilitates technical assistance toassistance to ensure that the projects that it finances could be successful and viable.

We are a development Bank which focuses on lending in order to promote and influence economic development in the country. The SLDB does not operate as a commercial bank where savings and checking accounts are prominent, however in order to facilitate loan payments we do standing orders and salary deductions.

A commercial bank is basically established to provide certain personal and commercial banking services to persons. Those banks are owned by shareholders who are looking for increased value in their shares, so commercial banks are driven by and large by a profit motive. A development bank, as the name implies is a bank that is concerned about providing services that will facilitate the development of a country. It assumes greater risks than commercial banks, while seeking to remain financially viable.

The SLDB was established with the expressed purpose of fostering further growth in the local economy through the provision of credit and other services to both the productive and social sectors.

The SLDB is committed to modern corporate governance principles, promoting socio-economic development within our nation, paying particular attention to bringing the young people of Saint Lucia within the main stream of socio-economic development. The SLDB partners with its customers and various stakeholders in providing more attractive and affordable packages to facilitate social and economic development.

We do not normally do such loans, but would consider it if it is part of a larger project that we are financing such as a business or agricultural project