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Structured and Corporate Finance Department (SCF)
As Latin American and Caribbean governments seek to make the region's economies more efficient and competitive in a global economy, the Inter-American Development Bank has promoted and supported far-reaching reforms and an increasing reliance on the private sector to supply the infrastructure services needed to support national economic growth.
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In 1994, to mobilize financing for private infrastructure
development, the IDB created the Private Sector Department. In July
2007, following a realignment of the institution, the Private Sector
Department was streamlined into the Structured and Corporate Finance
Department (SCF).
SCF maintains primary operational responsibility
for the Bank's financing of private investment in various infrastructure
sectors and for the development of domestic capital markets. The Department
also supports the development of international trade and regional integration
through the implementation of a trade finance facilitation program aimed
to support private sector companies in the region.
The IDB’s Board of Governors in 2006 lifted restrictions on eligible
sectors for all transactions that do not carry sovereign guarantees.
As such, the IDB is now able to provide financing to private companies
in a comprehensive list of sectors in addition to infrastructure, capital
markets and trade finance including oil and gas, agribusiness, mining,
manufacturing, tourism, technology and services, among others, either
directly or through financial institutions, subject only to a short
negative list.
In addition, the IDB can provide financing to sub-national public sector entities, including municipalities, provinces, and state-owned and mixed-capital enterprises that do not carry a sovereign guarantee.
In each of these areas, the Bank works in partnership with commercial banks, institutional investors,
co-guarantors and other co-lenders to provide private sector companies with
the financing needed to meet the region's growing demand for financial solutions. The Bank is constantly seeking
to develop new and better options for private financing tailored to the
needs of clients investing in our member countries.
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