News

IDB’s core operating income increased 25% to $946 million, the highest in a decade

IDB’s core operating income increased to $946 million following stronger liquidity investment results, improved net interest margin, growth of development-related assets, and contained operating costs. Loan and guarantee approvals amounted to $13 billion, while loan disbursements amounted to $10.6 billion. Borrowings increased to $97 billion, following the issuance of approximately $20 billion in bonds, while preserving debt/equity ratio unchanged at 2.9x.

Overall, IDB’s financial performance was in line with Bank management’s expectations and market benchmarks. IDB continues to be the largest source of multilateral financing for Latin America and the Caribbean.

“IDB posted a strong financial performance in 2019. The Bank’s overall risk and financial position remains very strong, as evidenced by a high credit quality liquidity position and strong capitalization ratios. These results have allowed the Bank to preserve its lending capacity and achieve further price competitiveness to better serve our clients and meet our development objectives,” says Gustavo De Rosa, IDB’s CFO and General Manager of the Finance Department.

Click here to download the 2019 IDB Information Statement (PDF)

 

Operational Highlights and Ratios
Amounts expressed in millions of United States dollars

Operational highlights

2019

2018

Loans and guarantees approved

 12,961

 14,250

Gross loan disbursements

 10,574

 11,304

Net loan disbursements

 3,388

 4,476

Ratios

 

 

Total Debt to Equity ratio

 2.9

 2.9

Cash and investments/ borrowings

36.2%

35.4%

Cost to income ratio (*)

37.0%

37.0%

Return on equity ratio

2.9%

2.3%

Return on assets ratio

0.7%

0.6%

About the IDB

The Inter-American Development Bank is a leading source of long-term financing for economic, social and institutional projects in Latin America and the Caribbean. Besides loans, grants and guarantees, the IDB conducts cutting-edge research to offer innovative and sustainable solutions to our region’s most pressing challenges. Founded in 1959 to help accelerate progress in its developing member countries, the IDB continues to work every day to improve lives.

For more information please email: investorRelations@iadb.org