Home Mortgage Bank
FI-3 operations are those where the risk potential is considered low: the FI’s current or future portfolio consists of financial exposure to business activities that predominantly have minimal or no adverse environmental and social impacts.
Trinidad and Tobago
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 44,186,500
Project scope and objective
The proposed transaction with Home Mortgage Bank (“HMB”) consists of a senior secured bond financing of up to TTD300 million with a tenor of up to five years, to be funded by IDB Invest. One of the mandates of HMB is to develop the secondary mortgage market. Through the use of proceeds, the IDB Invest’s role will be to support and finance the continued growth and development of the housing finance industry in the Republic of Trinidad and Tobago.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Mr. Brent McFee
Chief Executive Officer (Acting)
(868) 625 4972
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005