Trinidad and Tobago Mortgage Finance Company Ltd. ("TTMF")
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
Da Cruz Carneiro, Bruno
USD $ 44,380,700
Project scope and objective
The project consists of a warehousing facility for up to TTD300 million Trinidadian Dollars (“TTD”), equivalent to approximately US$44 million and for up to nine years, to promote affordable residential mortgage financing in Trinidad and Tobago. The transaction features a potential exit to local capital market in the form of mortgage-backed security.
The use of funds will support TTMF focus on providing affordable residential mortgage financing in Trinidad and Tobago. As a non-deposit taking institution, TTMF relies primarily on intermediate tenor loans and debt capital markets instruments to fund its lending operations.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Sra. Laurette Walker
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005