The Export-Import Bank of Trinidad and Tobago (EXIMBANK) says it has provided close to 200 manufacturers with over US$1 billion in support since 2018.
Speaking at the T&T Chamber’s launch of its Champions of Business Awards, EXIMBANK’s Manager of Marketing and Business Development, Sheldon Thomas, reaffirmed the bank’s commitment to empowering local exporters and small businesses through strategic financial support.
He emphasised the bank’s role in facilitating growth in the non-energy export sector, noting that this is particularly done through its foreign exchange and SME financing initiatives.
“Since the launch of the manufacturing forex facility in mid-2018, we have served over 190 manufacturers by providing a total of US$1.1 billion forex support since inception and delivered over TT$169 million in funding over the last two years for equipment to facilitate and support private sector capital investment.”
He also highlighted the bank’s recent innovations to expand access to foreign exchange and capital for SMEs across various sectors.
“We have expanded our service offerings to more SMEs in a variety of sectors following the launch of the catalytic fund in February 2025 at the TT Chamber Catalyst SME Conference and the SME Forex Window Pilot Programme in April 2025. The fund is a leading facility which provides a customisable financing solution designed to support SMEs at various stages of growth.”