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New Era for SMEs: President Dr Irfaan Ali today signed the Guyana Development Bank Act 2026 into law…

New Era for SMEs: President Dr Irfaan Ali today signed the Guyana Development Bank Act 2026 into law, formalising the institution's legal and administrative framework following its passage in the National Assembly on Monday. The bank will offer collateral-free, interest-free…

By Ignite News

Published 5d ago1 min read

New Era for SMEs: President Dr Irfaan Ali today signed the Guyana Development Bank Act 2026 into law…
Image via Ignite News.

New Era for SMEs: President Dr Irfaan Ali today signed the Guyana Development Bank Act 2026 into law, formalising the institution's legal and administrative framework following its passage in the National Assembly on Monday. The bank will offer collateral-free, interest-free loans of up to $3 million to small and medium-sized enterprises, alongside technical and advisory support to help them develop business plans and eventually qualify for formal bank financing. Source: President Dr Irfaan Ali's Facebook page

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