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A Tale of Two Queens

Basseterre St. Kitts (January 11, 2012) -- For an organisation that recognises the significance of a people’s culture by supporting the culture both in deed and kind, the Development Bank of St. Kitts and Nevis which is celebrating its 30th anniversary has been rewarded in double portion.

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Date Posted: 11-Jan-2012

Development Bank offers job attachment to Verchilds High students

Basseterre St. Kitts (January 4, 2012) -- Two fifth form students of the Business Department at the Verchilds High School were in the month of December involved in what they have described as a most rewarding experience following a two-week job attachment at the Development Bank of St. Kitts and Nevis.

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Date Posted: 04-Jan-2012

Development Bank pledges more support to taxi and tour industry

Basseterre St. Kitts (December 28, 2011) -- General Manager of the Development Bank of St. Kitts and Nevis, Mr Lenworth Harris, has told taxi and tour operators that his organisation is prepared to assist them in their endeavours as they make the operation more viable, now that tourism is the country’s main industry.

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Date Posted: 29-Dec-2011

Development Bank has a good approach in promoting small and medium size enterprises -- CDE official

Basseterre St. Kitts (December 23, 2011) -- An official from the Centre for the Development of Enterprise (CDE), has said that his organisation is working with the Development Bank of St. Kitts and Nevis to promote small and medium size enterprises in the Federation, as the Development Bank has a functional Business Support Unit.

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Date Posted: 23-Dec-2011

Prime Minister Douglas pays tribute to past and present management and staff of Development Bank

Basseterre St. Kitts (December 19, 2011) -- Prime Minister and Minister of Finance the Right Hon Dr Denzil Douglas has paid glowing tribute to past and present management and staff of the Development Bank of St. Kitts and Nevis, telling them that their toil since 1981 when the bank was established has built a prestigious institution

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Date Posted: 20-Dec-2011

Development Bank becomes the first statutory body to pay dividend to Government

Basseterre St. Kitts (December 18, 2011) -- The Development Bank of St. Kitts and Nevis has set a precedent by being the first statutory corporation to pay dividend to its sole shareholder, the Government of St. Kitts and Nevis, a move that has been lauded by Prime Minister the Right Hon Dr Denzil Douglas

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Date Posted: 19-Dec-2011

Development Bank embraces its sponsored Miss National Carnival Queen contestant

Basseterre St. Kitts (December 14, 2011) -- Named Miss Development Bank of St. Kitts and Nevis on Thursday night December 8 at a colourful sashing ceremony held at the Caribe Café, Sands Complex in Basseterre, 23-year old Ms Kalia Huggins could not wait to meet and get to know her sponsor better

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Date Posted: 15-Dec-2011

Development Bank embraces its sponsored Miss National Carnival Queen contestant

Basseterre St. Kitts (December 14, 2011) -- Named Miss Development Bank of St. Kitts and Nevis on Thursday night December 8 at a colourful sashing ceremony held at the Caribe Café, Sands Complex in Basseterre, 23-year old Ms Kalia Huggins could not wait to meet and get to know her sponsor better

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Date Posted: 15-Dec-2011

Development Bank commended by IICA and OAS for promoting Agricultural Sector’s competitiveness.

Basseterre St. Kitts (November 29, 2011) -- Representatives of the Inter-American Institute for Cooperation on Agriculture (IICA) and the Organisation of American States (OAS) to the Federation of St. Kitts and Nevis have lauded the position taken by the Development Bank of St. Kitts and Nevis to enhance the competitiveness of the country’s agricultural sector.

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Date Posted: 29-Nov-2011

Development Bank gives financial support to the St. Kitts Nevis Football Association

Basseterre St. Kitts (November 28, 2011) -- While congratulating the St. Kitts Nevis Under-23 footballers for trouncing Trinidad and Tobago’s team 5-2 Sunday night at Warner Park stadium, the St. Kitts Nevis Football Association is also expressing its gratitude to the Development Bank of St. Kitts and Nevis for its financial support.

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Date Posted: 28-Nov-2011

Development Bank Seeks strategic Alliances to Promote Businesses

Basseterre St. Kitts (November 23, 2011) -- The Development Bank of St. Kitts and Nevis has been working to forge strategic alliances with various partners in the region as it strives to deliver technical assistance and support to its current and prospective clients, says its General Manager, Mr Lenworth Harris.

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Date Posted: 24-Nov-2011

Development Bank reaches out to communities in its 30th anniversary celebrations

Basseterre St. Kitts (October 11, 2011) -- As part of its ongoing 30th Anniversary celebrations, the Development Bank of St. Kitts and Nevis last week reached out to two rural institutions in the Federation of St. Kitts and Nevis that needed to secure their compounds.

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Date Posted: 12-Oct-2011

Development Bank fully committed to funding rural-based small and medium sized projects

Basseterre St. Kitts (January 26, 2011) -- When the European Investment Bank extended a new line of credit to the tune of US$ 8 million to the Development Bank of Saint and Nevis, last December, its official observed that the local bank not only commands a leading position and expertise in small and medium sized enterprises financing, but also had the ability to offer technical assistance to its clients.

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Date Posted: 28-Jan-2011

Development Bank of Saint Kitts and Nevis reports $6.5m profit

Basseterre St. Kitts (December 11, 2011) -- General Manager of the Development Bank of Saint Kitts and Nevis, Mr Lenworth Harris, is reporting that in the financial year ended December 31, 2009 the bank made $6.5 million in operating profit.

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Date Posted: 11-Jan-2011

European Investment Bank Praises the St. Kitts And Nevis Development Bank as it extends US$ 8 million line of credit

Basseterre St. Kitts (December 20, 2010) -- A top official of the European Investment Bank (EIB) has said that the Development Bank of Saint Kitts and Nevis (DBSKN) not only commands a leading position and expertise in small and medium sized enterprises financing, but also has the ability to offer technical assistance to its clients.

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Date Posted: 06-Jan-2011

Development Bank donates EC$55K to Psychiatrist Unit

Basseterre St. Kitts (December 15, 201) -- Minister of Health, Hon Marcella Liburd has thanked the Development Bank of Saint Kitts and Nevis for agreeing to partner with her ministry in the delivery of health care in the country

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Date Posted: 16-Dec-2010

Glenn Phillip Advises YES Programme Graduates To Apply For Business Loans

Basseterre St. Kitts (September 6, 2010) -- Minister of Youth Empowerment and Sports, the Hon Glenn Phillip, has said that the Youth Empowerment through Skills (YES) Programme is encouraging students graduating from the programme and who want to start their own businesses to approach the Development Bank of Saint Kitts and Nevis for loans.

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Date Posted: 06-Oct-2010

Development Bank Official Says Investing In Young People Is Paying Dividends

Charlestown Nevis (August 25, 2010) -- Manager at the Nevis branch of the Development Bank of Saint Kitts and Nevis, Alexa Pemberton, is saying that the bank’s policy of investing in the Federation’s young people is paying dividends and is a boon to the economy even in times of recession.

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Date Posted: 06-Oct-2010

Development Bank staff enthused by Te-Shell Sutton

Charlestown Nevis (July 21, 2010) -- Staff at the Nevis branch of the Development Bank of Saint Kitts and Nevis are upbeat that Te-Shell Sutton, their 19-year-old sponsored contestant for the 2010/2011 Miss Culture Pageant, will deliver the coveted crown because they picked a winner.

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Date Posted: 06-Oct-2010

"Development Bank Is A Farmer's Partner", says Sandy Point Farmer

Basseterre St. Kitts (October 4, 2010) -- A former St. Kitts Sugar Manufacturing Company (SSMC) manager who has taken to fulltime farming in the Sandy Point area following closure of the sugar industry is praising the Development Bank of Saint Kitts and Nevis for the way it is assisting the country’s emerging and existing farmers.

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Date Posted: 06-Oct-2010

Development Bank Leads The Way In Social Investing

Basseterre St. Kitts (June 15, 2010) -- Federation’s Minister of Health, Social Development, Gender, Community Affairs and Culture, Marcella Liburd, has said that investing money for social needs especially for the eradication of poverty is the way to go and has praised the Development Bank of Saint Kitts and Nevis for leading the way.

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Date Posted: 15-Jun-2010

(Left) Heston Hamm - CEO, Stone Deals. (Right) Shavon Douglas Development Bank’s Officer. Development Bank’s Official says Federation Has Well Trained Young Entrepreneurs

Basseterre St. Kitts (May 4, 2010) -- A Development Bank of Saint Kitts and Nevis official is saying the bank’s mandate to empower the country’s youth is successful largely in part because the Federation’s young entrepreneurs are well trained, focused, economically know what is good for the country, and are ready to take charge.

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Date Posted: 04-May-2010

YES Programme salutes Development Bank for its generosity

Basseterre St. Kitts (March 24, 2010) -- As the Youth Empowerment through Skills (YES) Programme celebrates its first anniversary, secretariat manager Leslie Connor has singled out for commendation, the Development Bank of Saint Kitts and Nevis which has hosted the programme’s  secretariat at the basement floor of its Church/Central Streets building in Basseterre.

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Date Posted: 30-Apr-2010

Development Bank Boosting Economy By Supporting Small Businesses.

Charlestown Nevis (March 24, 2010) -- Nevisian businessman, Alfred Forbes, is praising the role the Development Bank of Saint Kitts and Nevis is playing in boosting the Federation’s economy by supporting small businesses.

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Date Posted: 30-Apr-2010

(Left) L. Harris, GM, Development Bank. (Right) T. Crossman, Chairman, SIDF. Development Bank Offering Interest Free Loans To Support Food Production

Basseterre St. Kitts (March 14, 2010) -- Persons desirous of setting up businesses that will improve the food production capacity of the Federation stand to access interest free loans of up to EC$25,000 being offered by the Development Bank of Saint Kitts and Nevis courtesy of a fund started in 2007 by the government.

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Date Posted: 29-Apr-2010

Under-19 Youth Cricket World Cup - Development Bank salutes Nelson Bolan

Basseterre St. Kitts (January 11, 2010) -- The Development Bank of Saint Kitts and Nevis’ General Manager and former national cricket player, Lenworth Harris, on behalf of the bank’s directors, management and staff, is wishing the

West Indies team the best of luck as the Under-19 Youth Cricket World Cup bowls off in New Zealand on

Friday January 15, 2010.

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Date Posted: 11-Jan-2010

Development Bank sponsors Nevisian U19 cricketer

Charlestown Nevis (September 23, 2009) -- The Development Bank of Saint Kitts and Nevis has once again reaffirmed its commitment to the development of the youth and the game of cricket in the Federation of St. Kitts and Nevis, with the sponsorship of Nelson Bolan the Nevisian fast bowler and all-rounder who has been selected to the West Indies U19 training squad

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Date Posted: 02-Oct-2009

Warmest Wishes For A Beautiful Federation on This Its 26th Anniversary of Independence

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Date Posted: 14-Sep-2009

Development Bank donates TV set to Tabernacle Police Station

Basseterre St. Kitts (August 9, 2009) -- A six-month period without a functional television set at a rural police station seemed like six years. What was taken for granted over the years they had a television set that helped to inform and entertain them became a serious issue after it malfunctioned.  [ Read More... ]
Date Posted: 10-Aug-2009

Development Bank spreads breast cancer awareness message

Charlestown Nevis (July 12, 2009) -- The Development Bank of Saint Kitts and Nevis, through its sponsored Miss Culture Pageant contestant, has joined the 2009 Culturama Committee in spreading breast cancer awareness message.
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Date Posted: 13-Jul-2009

Nevisian trailblazer inspired by his mother and propped up by the Development Bank

Charlestown Nevis (June 1, 2009) -- At age 19, Dale Claxton might have been the youngest registered entrepreneur on record in Nevis. Armed with little experience and a lot of enthusiasm to achieve in life, he bought a backhoe and set up a land clearing business  [ Read More... ]
Date Posted: 02-Jun-2009

Development Bank sponsors Newton Ground Junior Basketball Team

Basseterre St. Kitts (May 12, 200) -- When the St. Kitts Amateur Basket Association (SKABA) League opened at the Basketball City on Sunday April 26, the junior league, which had opened a week earlier, had a new team and new colours  [ Read More... ]
Date Posted: 13-May-2009

Development Bank As Major Stakeholder In Health Initiative

This morning, April 08, 2009 saw the gathering of key Officials at Government Headquarters for a ceremony earmarking the endorsement of two automatic blood pressure machines and the Official Launch of the Ministry of Health’s “Know your numbers” campaign, all in conjunction with Development Bank of St. Kitts and Nevis.  [ Read More... ]
Date Posted: 09-Apr-2009

Development Bank has spearheaded development in Nevis says Premier Parry

Charlestown Nevis (March 29, 2009) -- Premier and Minister of Finance in the Nevis Island Administration, Hon Joseph Parry, has singled out the Development Bank of Saint Kitts and Nevis as a positive change agent as far development in the island of Nevis is concerned.  [ Read More... ]
Date Posted: 30-Mar-2009

Healthcare: The unusual proposal that became Development Bank’s flagship project

Basseterre St. Kitts (March 16, 2009) -- She returned to her homeland in 1996 with the sole intention to do field work for a masters degree dissertation and return to her top flight job in the UK.  But what she saw grounded her. Instead of going back to the UK to continue with her duties, she went to pack only to return and settle in St. Kitts where she started a project that is a beacon in the region on how we care for the elderly.   [ Read More... ]
Date Posted: 18-Mar-2009

East Zone teachers learn what the Development Bank has in store for them

Basseterre St. Kitts (February 22, 2009) -- When teachers from public primary schools in the East Zone (St. Kitts) held the annual Professional Development Day on Friday February 20, at the Ocean Terrace Inn, Basseterre, they reserved the entire afternoon session to learn what financial opportunities are offered by the Development Bank of Saint Kitts and Nevis.
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Date Posted: 25-Feb-2009

David Fox is Development Bank’s Manager of the Year

Basseterre St. Kitts (December 14, 2008) -- David Fox was Saturday night named the Development Bank of Saint Kitts and Nevis’ Manager of the Year, at the banks’ 3rd Annual Awards Banquet held at the Serendipity Restaurant in Fortlands, Basseterre...  [ Read More... ]
Date Posted: 10-Feb-2009

Development Bank Donates Two Computers To JNF Hospital

Basseterre St. Kitts (July 16, 2008) -- Assistant Matron at the Joseph Nathaniel France (JNF) General Hospital, Rita Hendrickson-Isaac, has said that even though St. Kitts is a small country, it needs to keep abreast with what is happening in the general area of medicine.
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Date Posted: 18-Jul-2008

DEVELOPMENT BANK EMBARKS ON AN INTERNAL ROTATION PROGRAM

As at July 1, 2008, the Development Bank of St. Kitts & Nevis with its Branch Office in Charlestown, Nevis, has embarked on an internal Staff Rotation Program, spearheaded by Senior Management.
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Date Posted: 18-Jul-2008

Development Bank Establishes Customer Service Hotline

Members of the general public and in particular customers of the Development Bank of St. Kitts and Nevis who have any queries and complaints as it relates to the banks operations and procedures are now in an advantaged position following the establishment of a customer service hotline  [ Read More... ]
Date Posted: 02-Jun-2008

U-17 cricket- Development Bank seeks to bridge the gap.

For those of us who follow cricket in the Caribbean closely, it is well known that our young players tend to loose interest in the game after they graduate from the Leeward Islands under 15 competition. In some quarters it is felt that this is due to the gap that exists between U15 and U19 tournaments. With this in mind, Mr. Keeth Arthurton a former West Indies cricketer prepared a training program for 20 players under the age of 17, for which he received sponsorship support from the Development Bank of St. Kitts and Nevis.  [ Read More... ]
Date Posted: 15-Feb-2008

Development Bank Encourages Distance Education Programmes

True to its mandate of Nation Building, Development Bank has afforded countless students the opportunity to pursue their academic dreams, and this is even further exemplified in its new action of sponsoring (whether in part or in whole) school-based projects for students pursuing Distance Education programmes.  [ Read More... ]
Date Posted: 15-Feb-2008

Trained Officers means quality Service for You

    Development continues to train its staff to provide quality service to clients...  [ Read More... ]
Date Posted: 15-Oct-2007

Development Bank Appreciates Nation's Teachers

Development Bank of St. Kitts & Nevis joined with the Ministry of Education in showing appreciation for the Federations Teachers in the Ministry's Teachers' Week of Activities and specifically the Teachers'Appreciation Day...          [ Read More... ]
Date Posted: 15-Oct-2007

The St Kitts Nevis Defence Force Community Drum Corps Receives Donation From Development Bank

The St Kitts Nevis Defence Force (SKNDF) Community Drum Corps receives gift donations of Television set and a DVD Player from the Development Bank of St Kitts and Nevis. Mr David Fox, a senior manager at the bank made the presentation while Lt Kayode Sutton, Public Affairs Officer for the SKNDF received the gift on behalf of the Commander, SKNDF. Mr Fox reiterated the commitment of the Development Bank of St Kitts and Nevis to the development and enhancement of human resources in the Federation.      [ Read More... ]
Date Posted: 02-Mar-2007

DBSKN Sponsorship Program Forges Ahead

Sponsorship contributions to the Molinuex Youth In Action Club from the Development Bank of St. Kitts & Nevis marks the thirtieth of such contributions by the Bank to clubs and organizations in the Federation. Established in 1991, the Molineux Youth in Action Club, a 35 member organization, main objective is to provide the opportunity for young people to become engaged in positive and productive activities in their community.  [ Read More... ]
Date Posted: 28-Sep-2006

Festival De Capisterre...2nd Time Around

Festival De Capisterre is the recipient of Sponsorship finding for the second time around for 2006. This time it is their Basketball League who is the beneficiary, following sponsorship during their annual festival of a contestant in the Queen Pageant. To date Festival De Capisterre is the recipient of Sponsorship monies to the tune of XCD 5,000.  [ Read More... ]
Date Posted: 28-Sep-2006

Development Bank Records its Tangible Support for the Development of West Indies Cricket

On August 31, 2006 the Ministry of Sports' Invitational Under 13 Cricket Festival held its closing ceremony before an appreciative crowd at the Netball Complex, Basseterre. Speeches were delivered by Mr. Leroy Greene - Director of Sports, Mr. Kordingon Connor - Coach of the Anguilla team, and Minister of State in the Ministry of Sports - The Hon. Richard Oliver Skerritt. The proceedings were chaired by Mr. Vernon Springer - Tournament Coordinator.  [ Read More... ]
Date Posted: 28-Sep-2006

Nine loans approved under Stanford empowerment fund

The first batch of grants under the Stanford empowerment fund will be disbursed later this month. Thousands of dollars will be distributed to nine local entrepreneurs of small and medium sized enterprises this week to assist them in developing and expanding their businesses.  [ Read More... ]
Date Posted: 16-Aug-2006

PM Douglas hails EC$10 million "Empowerment for Ownership Fund"

St. Kitts and Nevis' Prime Minister Hon. Dr. Denzil L. Douglas says Friday's launching of the EC$10 million "Empowerment for Ownership" Fund should prove to be a major boost to the micro, small and medium-size enterprises in the twin-island Federation.  [ Read More... ]
Date Posted: 03-Jul-2006

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