Inter-American Development Bank Prices AUD 500 Million 5-Year ‘EYE’ Bond

Monday, April 15, 2019 - 13:07
The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s/S&P), priced a new AUD500 million 5-year fixed rate Kangaroo offering under the Education, Youth, and Employment (“EYE”) Bond program.

IDB selects CastleOak Securities to its Discount Note Dealer Group

Tuesday, April 2, 2019 - 10:25
To partner with the IDB to broaden the distribution of its debt securities.

Spain makes contribution to IDB’s migration initiative

Wednesday, March 20, 2019 - 16:02
Event on migration analyzes impact on Latin America MADRID - Spain has made a $5 million contribution to help the Inter-American Development Bank (IDB) tackle urgent development challenges posed by the rise of transborder migrations in Latin America and the Caribbean. The contribution was announced at the conference Migration and Cities: The Road to Inclusive Integration held March 20, 2019 in Madrid.

IDB launches Superheroes of Development contest to recognize executing agencies

Monday, March 4, 2019 - 18:41
In its second edition, the call for proposals will be open from March 4th to May 17th, 2019. The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Standard & Poor’s affirms IDB’s AAA/A-1+ ratings and upgrades SACP to ‘aaa’ from ‘aa+”

Monday, February 25, 2019 - 17:51
Standard & Poor’s has affirmed the Inter-American Development Bank’s ‘AAA’ long-term and ‘A-1+’ short-term issuer credit rating with a stable outlook. Also, following a review under the revised criteria for multilateral lending institutions, the IDB’s stand-alone credit profile was upgraded from ‘aa+’ to ‘aaa’, due to its extremely strong enterprise risk profile and very strong financial risk profile.

The IDB and Mastercard launch a new Resource Center for Digital Transport in Cities

Thursday, February 21, 2019 - 11:10
The IDB and the Mastercard Center for Inclusive Growth launch a new Resource Center for Digital Transport  WASHINGTON, D.C. – A new Resource Center for Digital Urban Transport in Latin America has been founded, with the support of the Inter-American Development Bank and the Mastercard Center for Inclusive Growth.

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 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).

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.