Microfinance lending in Latin America and the Caribbean rose 13 percent in 2009

Friday, October 8, 2010 - 03:00
MONTEVIDEO, Uruguay – Lending by microfinance institutions in Latin America and the Caribbean grew at a slower pace in 2009, following an economic slowdown triggered by the global financial crisis and changes in the business environment.

IDB to help financial institutions boost lending to small projects with high social impact

Friday, August 6, 2010 - 03:00
The Inter-American Development Bank's Board of Executive Directors approved a loan and guarantees facility of up to US$150 million to strengthen the solvency of financial institutions in Latin America and the Caribbean and boost long-term financing to small projects with a high social impact. The assistance under the Latin America and Caribbean Subordinated Debt Facility will also mobilize additional resources from commercial banks and other institutions in order to increase funding to small and mid-sized enterprises (SMEs), microfinancing, and housing finance.

IDB Board of Governors receives General Capital Increase document for formal vote

Friday, May 21, 2010 - 03:00
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB sees turning point in remittances to Latin America and the Caribbean

Thursday, May 6, 2010 - 03:00
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

Bolivia to improve public administration with $30 million IDB financing

Friday, April 23, 2010 - 03:00
Bolivia will start a program to improve budget management and control public expenditure with a $30 million loan approved by the Inter-American Development Bank (IDB).

IDB approves financial mechanism to provide up to $100 million to Haiti

Thursday, April 15, 2010 - 03:00
The Board of Executive Directors of the Inter-American Development Bank announced the approval of an Account for the Administration of Donor Resources for Haiti, which may receive contributions totaling up to $100 million from the countries in the Union of South American Nations (UNASUR). UNASUR  includes Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Surinam, Uruguay and Venezuela.