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The Bank’s policies are determined by its Board of Directors comprising Seven (7) members from the Public and Private sectors. Five (5) of the members are from St Kitts and two (2) are from Nevis. DBSKN is divided into five functional Departments: Projects, Accounts, Loans Administration & Recoveries, Systems and Human Resources & Marketing. There is also a Branch Office in Nevis. The Bank’s focus is to develop and promote economic growth throughout the Federation, with specific attention on the Productive Sectors, Human Resource Development and Home Ownership.
The Bank obtains funding for on lending programmes from the Caribbean Development Bank (CDB), St. Christopher and Nevis Social Security Board, Government of St. Kitts and Nevis, the European Investment Bank (EIB) and other institutional lenders.
The Bank obtains funding for on lending programmes from the Caribbean Development Bank (CDB), St. Christopher and Nevis Social Security Board, Government of St. Kitts and Nevis, the European Investment Bank (EIB) and other institutional lenders.
Under current financing the Bank requires clients to provide a percentage of the total cost, depending on the type of project. Equity may include Cash input, any documented expenses undertaken by the sponsor in direct relation to the project.
To be a viable financial Institution, which promotes economic growth and development by providing financial and advisory services to viable ventures and programmes in Business, Industry, Agriculture, Education and Housing.
Please be advised of the following updates to transactions processed through our online payment platform:
Effective March 1, 2026, all USD transactions will be processed at an exchange rate of 2.5313. This reflects an updated foreign exchange rate applied by our payment service provider.
This update applies only to payments made through the USD online payment portal. To ensure your account remains in good standing and to eliminate the risk of missed payments, we strongly encourage you to set up recurring online payments. This option provides peace of mind and helps you maintain a strong repayment record.
We thank you for your continued trust in the Development Bank of St. Kitts and Nevis and appreciate your understanding as we continue to enhance our digital services.
For assistance, please contact us at 869-465-2288 Ext 1211 or WhatsApp +1869 662-6128 or email us at customercare@skndb.com.
[PAY IN USD]
Please be advised of the following updates to transactions processed through our XCD online payment platform:
Effective March 1, 2026, a convenience fee of 2.25% will be applied to all XCD transactions processed through this online portal. This fee represents processing charges associated with online card payments.
This update applies only to payments made through the XCD online payment portal. To ensure your account remains in good standing and to eliminate the risk of missed payments, we strongly encourage you to set up recurring online payments. This option provides peace of mind and helps you maintain a strong repayment record.
We thank you for your continued trust in the Development Bank of St. Kitts and Nevis and appreciate your understanding as we continue to enhance our digital services.
For assistance, please contact us at 869-465-2288 Ext 1211 or WhatsApp +1869 662-6128 or email us at customercare@skndb.com.
