FISHERIES DEVELOPMENT FUND (FDF) SCHEME

Up to €500,000 (approx. SCR 7 Million| 3% interest p.a.| Maximum 12 years Repayment
 

This credit facility is to accommodate the economic development of the Fisheries Sector particularly aimed at improving the financing opportunities for local investors to participate in long line ventures and value addition.

Projects to be financed under this scheme includes:

Value addition and export promotion

Vessels upgrading

Requirement/Criteria: Must be a Seychellois citizen and should be residing in Seychelles for the last one year who is either employed or self-employed or a company incorporated in Seychelles with at least 51% Seychellois ownership.

Disclaimer: Rates contained herein are representative as of date. Rates and availability of funds are subject to change without prior notice based on availability of funds at the discretion of the Bank.

*Terms and Condition Apply