ADB Loans Fully Repaid
Over 3,100 Caroni workers will have their debts to the Agricultural Development Bank FULLY REPAID as a result of an agreement between the Unit Trust Corporation (UTC) and Agricultural Development Bank.
In 2003, the Caroni workers benefitted from a product offered by the Agricultural Development Bank where they were allowed to borrow funds against collateral held in the UTC’s Individual Retirement Unit Account (IRUA) Fund. The workers therefore got money upfront in the form of a loan using the IRUA as collateral. Read More