Fintech activity in Latin America spreads to 18 countries

Thursday, January 17, 2019 - 09:12
1,166 FINTECH VENTURES HAVE BEEN IDENTIFIED, AN INCREASE OF 66 PERCENT COMPARED TO 2017 The report Fintech en América Latina 2018: crecimiento y consolidación (Fintech in Latin America 2018: Growth and Consolidation), published today by the Inter-American Development Bank and Finnovista, identified 1,166 financial technology startups (Fintech), a rise of 66% since the first study published by the two organizations in 2017.

IDB trains consular officials from Central America's Northern Triangle

Thursday, December 20, 2018 - 16:42
The Program to Enhance Consular Training concluded in Washington D.C., after drawing participants from officials stationed in 17 US cities The Inter-American Development Bank (IDB) held a workshop at its headquarters that concluded the Program to Enhance Consular Training, which has been underway since last June and reached more than 150 consular officials posted in the United States.

IDB appoints Brian O’Neill Executive Vice President

Wednesday, December 19, 2018 - 15:36
The Board of Executive Directors of the Inter-American Development Bank approved the appointment of Brian O’Neill as Executive Vice President effective January 1, the IDB announced. O’Neill has served in several senior leadership roles at Lazard since 2009, most recently as Senior Advisor. He has extensive experience working with governments, local and multinational corporations, as well as financial institutions.

IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

Monday, December 17, 2018 - 11:21
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Citizen Security Week in Chile will address the use of technology against crime

Monday, November 26, 2018 - 17:28
The IDB, the Government of Chile and countries of the region will discuss in Santiago, Chile, digital innovations and their application in the value chain in citizen security and justice The Inter-American Development Bank (IDB) and the Ministry of the Interior and Public Security of Chile will hold the Tenth Citizen Security Week, in Chile from November 26 to 30, 2018. It is the largest regional event dedicated to security and criminal justice issues in Latin America and the Caribbean.

Millennials have potential that Latin America and Caribbean must not squander, says study

Thursday, November 22, 2018 - 15:39
Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?” The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers. Young people in Latin America and the Caribbean have great potential but it could end u

Brazil promotes productivity of micro, small and medium-size enterprises with IDB support

Thursday, November 22, 2018 - 13:03
IDB APPROVES $750 MILLION CREDIT TO PROVIDE ACCESS TO FINANCING FOR MORE THAN 4,900 MSME IN BRAZIL THROUGH A NEW BNDES DIGITAL CHANNEL. The Inter-American Development Bank has approved a $750 million line of credit aimed at boosting the productivity of more than 4,900 micro, small and medium-sized enterprises (MSME) in Brazil. They will be able to access new credit sources through digital channels, thus contributing to economic growth and job creation.

Declining Export Competitiveness: Latin America Urgently Needs a Quality Leap

Wednesday, November 14, 2018 - 15:28
BUENOS AIRES—In the first quarter of 2018, the value of exports from Latin America and the Caribbean grew at a year-on-year rate of 9.7 percent in comparison with the same period in 2017, according to a new report from the Inter-American Development Bank (IDB). However, this growth has come amid signs that the region is becoming less competitive amid rising economic risks and global trade tensions.

IDB Group and MAS collaborate to promote inclusive financial services

Tuesday, November 13, 2018 - 08:01
The alliance will allow Latin American and Caribbean financial entities to benefit from the innovations in regulation, knowledge and networks of the Asian country, world leader in Fintech The Inter-American Development Bank (IDB) Group, led by IDB Lab – the Group’s innovation laboratory – and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to collaborate on projects and initiatives that will foster innovation in financial services in the Latin America and the Caribbean (LAC) and ASEAN regions.

Authorities will analyze in Panama Digital Government Agenda in the region

Monday, November 12, 2018 - 09:28
The 5th E-Government Ministerial Meeting and the 12th Red GEALC Annual Meeting will be held November 15-16 and bring together 23 countries from Latin America and the Caribbean, as well as representatives of Republic of Korea, Estonia, the United Kingdom, Portugal and Italy The 5th E-Government Ministerial Meeting of Latin America and the Caribbean and the 12th Annual Meeting of the Network of E-Government Leaders of Latin America and the Caribbean (Red GEALC) will be held November 15-16, 2018 in Panama City.