Inter-American Development Bank (IDB)

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<metadesc> Inter-American Development Bank: organization profile. </metadesc>

Inter-American Development Bank is an organization based in Washington, D.C..

Overview[edit]

"We support efforts by Latin America and the Caribbean countries to reduce poverty and inequality. We aim to bring about development in a sustainable, climate-friendly way. Established in 1959, we are the largest source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability. We have an evolving reform agenda that seeks to increase our development impact in the region. While we are a regular bank in many ways, we are also unique in some key respects. Besides loans, we also provide grants, technical assistance and do research. Our shareholders are 48 member countries, including 26 Latin American and Caribbean borrowing members, who have a majority ownership of the IDB. Given our shareholder base and prudent management, we have a strong financial position. As a result, the IDB is able to borrow in international markets at competitive rates and transfer that benefit to our clients in 26 countries in Latin America and the Caribbean."

News[edit]

IIC and FHipo expand access to mortgage loans in Mexico
The IIC signs a loan of MXN1.396 billion with FHipo to offer a new mortgage instrument in the national capital market
Suriname to boost agriculture sectors competitiveness with IDB loan
Suriname will improve its agricultural sectors competitiveness with a US$17.5 million IDB loan.
IIC to expand access to finance for Brazilian agribusiness SMEs
IIC loan will expand access to finance for Brazilian SMEs in agribusiness
IDB launches $600 million 5-Year Floating Rate Note
The IDB priced a new $600 million 5-year global floating rate note, paying a quarterly floating rate coupon of 3 month USD LIBOR 7 bps.
The IIC and Santa Fe join forces to improve road infrastructure in Nicaragua
IIC loan will support the development of road infrastructure in Nicaragua and improve connectivity in rural areas.
IDB Group pledges $750 million for key infrastructure projects in the Northern Triangle
IDB Group pledges $750 million, leveraging a total of up to $2.5 billion, for key infrastructure projects in the Northern Triangle.
The Inter-American Development Bank and Danone Announce Partnership
The partnership seeks to promote sustainable, inclusive development initiatives in Latin America and the Caribbean.
Colombia pushes forward financial system reforms with $450 million IDB loan
IDB approved $450 million loan to support financial system reforms aimed at boosting up Colombias economic growth.
MIF invests in NXTP Labs Impact Investing Fund for Latin American Tech-Driven Social Enterprises
The Multilateral Investment Fund approves an equity investment of US$5 million in an impact investing fund for tech-driven social enterprise
IIC to boost competitiveness of soybean crushing complex in Argentina
IIC, IFC and Rabobank sign a US$410 million package with Renova S.A. to finance expansion of the worlds largest soybean crushing plant
IDB Group opens office in São Paulo, Brazil
This office will specially allow the IIC to be closer to its private sector clients
Latin American and Caribbean exports increase for the first time in four years
Latin American and Caribbean exports increase for the first time in four years, according to a new IDB report
Climate change and flooding threaten 4.2 million people on Caribbean and Pacific islands
New IDB study 'Blue Urban Agenda' estimates potential impact on cities and people in low-elevation coastal zones.
IDB approves multi-donor trust fund to support sustainable project delivery
NDC Pipeline Accelerator Trust Fund will increase support for planning, design and preparation of infrastructure projects.
High crime rates in the Caribbean require new evidence-based policy approaches - IDB study
IDB study: Caribbean region must redirect anti-crime efforts towards interventions that are evidence-based, focused on high-risk communities
The IDB Group and the Asian Infrastructure Investment Bank Expand Ties
The IDB, IIC and the AIIB today signed a memorandum of understanding to provide an overall framework for strengthening their collaboration
IIC promotes energy-efficient street lighting in Chilean municipalities
US$18.5 million loan to Itelecom will upgrade public roadway lighting systems in eight municipalities in Chile.
The IIC calls young professionals to participate in its CREA TU FUTURO Program
The IIC launches a new employment program for young professionals
The IIC calls young professionals to participate in its CREA TU FUTURO Program
The IIC launches a new employment program for young professionals
IIC to finance first public-private partnership transmission line in Uruguay
The IIC approves US$56 million for a 500 Kv transmission line between the cities of Melo and Tacuarembó
Chile and Colombia are best prepared for public-private partnerships in Latin America and the Caribbean
Infrascope 2017 shows countries in the region are well-positioned for PPPs, but laws require better implementation
IIC finances the Valentines Wind Farm in Uruguay
IIC disburses US$120 million to Areaflin, S.A. to build the Valentines Wind Farm in Uruguay.
NEO Initiative improves job opportunities for 150,000 youth in Latin American and the Caribbean
With a US$137 million investment and presence in 10 countries, NEO addresses the youth talent gap
Multilateral banks to deepen collaboration with private sector to boost inclusive, sustainable infrastructure
Multilateral banks to deepen collaboration with private sector to boost inclusive, sustainable infrastructure worldwide.
IDB releases call to action for government, MDB and investor cooperation to sharply increase sustainable infrastructure investment
The IDB and the consulting firm Mercer launched a study aimed at unlocking investment in sustainable infrastructure.
Honduras to improve public health care with $50 million loan from IDB
Honduras will improve the efficiency of public spending in the health care system with the help of a loan from the IDB.
The IIC supports the sugarcane industry in Brazil with a $50 million loan
The IIC disburses $50 million to Sucden to support sustainable practices in the sugarcane sector in Brazil.
IDB launches its largest US dollar global bond
The IDB today priced a $3.75 billion 3-year US dollar global bond.
IIC supports the city of Buenos Aires to improve road safety and connectivity
IIC loan will support urbanization efforts and reduce travel time in Buenos Aires
Open Call for the most innovative startups in the creative and cultural industries
IDB and Miami Dade College seek the most innovative startups

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Tools[edit]

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References[edit]

  1.  "IRD"