1. CREDIT RISK MANAGEMENT UNIT
The Credit Risk Management Unit is the department that first interfaces with clients. This department assists clients in obtaining financing for Housing, Education and Business Programs including Agriculture, Tourism and Industry.
The department submits projects that are viable and practical to Management/Board for consideration.
Payment on Loans (collections) and Financial counseling are areas of the Department which specifically relates to Delinquency. This Department decides on postings for property owned and to be disposed of by the Bank.
2. LOANS MANAGEMENT DEPARTMENT
The Loans Management Department is responsible for Closing of Loans, Signing of Security Documents, enquiries related to loan balances. This department is also in charge of Loan Deferment request related to;-
- Property Insurance
- Life Insurance
- Collateral held
- Payment waivers
3. ACCOUNTS & FINANCE DEPARTMENT
The Accounts & Finance Department is responsible for providing a unified, financial accounting and an effective and efficient control system, developing a comprehensive system of Cheque Preparation, and Receipts Payment which are simultaneously updated in the General Ledger on a real time basis. They are also responsible for the issuing of all Administrative Payments, maintaining a Central Accounting System, producing reports for all Agencies. Daily and monthly maintenance of Bank's Reconciliation and Client Accounts are also functions of the department.
4. MANAGEMENT INFORMATION SYSTEMS DEPARTMENT
Management Information Systems Department ensures that the Bank's computer systems environment operates in an efficient and effective manner, including all Hardware, Software, Databases and Networks.
5. HUMAN RESOURCES DEPARTMENT
This department is responsible for employee recruiting, training, and all staff needs.
6. MARKETING, PRODUCT & DEVELOPMENT DEPARTMENT
The Marketing, Product & Development Department markets and promotes the Bank's products and services to the public, and interfaces with the other departments particularly projects, in the interest of the clients and potential clients.
7. Business Support Unit
The Development Bank of St. Kitts & Nevis has embarked on a new service specifically geared at helping small businesses within the Federation to develop and enhance their operations. The Business Support Unit is designed to react to the needs of small businesses and provide practical recommendations and solutions to common and chronic problems.
Please call Monday through Friday, 8 a.m. to 2:30 p.m., except on Bank Holidays.