Business

CABS lines up new credit facilities to power lending growth

NewsDay Staff ·

CABS lines up new credit facilities to power lending growth

CABS is in advanced negotiations to secure additional lines of credit to support lending to productive sectors of the economy, as the building society moves to expand financing for key industries.

The fresh funding push comes after the institution secured credit lines from development partners, closing 2025 with a total approved limit of US$162,7 million.

According to CABS’ annual report for the year ended December 31, 2025, the building society drew down US$73,52 million from the facilities during the period and deployed US$75,2 million towards lending activities.

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