More than one hundred (100) Small and Medium Enterprises (SMEs) in Trinidad and Tobago are set to receive a significant boost in financing to grow their operations and expand into new markets.

The Minister of Finance, Hon. Colm Imbert and the Director Representative for CAF – Development Bank of Latin America and the Caribbean in Trinidad and Tobago, Bernardo Requena, signed a USD 35 million investment loan to strengthen the Export Import Bank of Trinidad and Tobago’s (EXIMBANK’s) services to cater to a broader range of clients, particularly Small and Medium Enterprises. The credit facility will secure USD 35 million in additional funding to expand EXIMBANK’s financial services and support to SMEs and emerging sectors and position them to better compete in local, regional and international markets.