The Development Bank of Jamaica Limited (DBJ) is a statutory body established in April 2000, formed through the merger of the former National Development Bank of Jamaica Limited and the Agricultural Credit Bank of Jamaica Limited. In July 2006, the DBJ assumed the operations and certain assets and liabilities of the National Investment Bank of Jamaica Limited, expanding its mandate to encompass investment banking, and the administration and management of retirement schemes and superannuation funds.
The DBJ’s mandate is to facilitate and promote economic growth and development in Jamaica. The Bank provides wholesale financing to approved financial institutions and micro-finance institutions, channelling resources to large-scale projects as well as micro, small, and medium enterprises (MSMEs). It also delivers technical support solutions to businesses and provides privatisation and public-private partnership services on behalf of the Government of Jamaica.
For the 2026/27 financial year, the DBJ will advance its transformation into an impact-driven development finance institution anchored on economic development, social advancement, and environmental sustainability. Key initiatives include implementing the M5 Business Recovery intervention to support enterprises across agriculture, manufacturing and agro-processing, tourism, and health in the aftermath of Hurricane Melissa and other initatives.
These initiatives are expected to generate total investments of approximately $33,611.05 million and loan disbursements of $7,131.86 million. The DBJ forecasts a net surplus of $597.02 million for 2026/27.
