IDB releases its 2010 Development Effectiveness Report

Wednesday, March 23, 2011 - 03:00
Report evaluates Bank’s efforts in measuring its development impact in Latin America and the Caribbean The Inter-American Development Bank (IDB) has made strides to boost transparency, accountability and enhance the development impact of its investments in Latin America and the Caribbean, according to the new edition of the IDB’s 2010 Development Effectiveness Overview.

IDB, Oikocredit, Incofin and Calvert Foundation back credit cooperative in Ecuador

Tuesday, February 15, 2011 - 03:00
Innovative financing arrangement between IDB and Impact Investors gives Ecuadoran rural communities the tools to grow and thrive The Inter-American Development Bank (IDB) has closed a $9 million syndicated loan with Jardin Azuayo, a community-based savings and loan cooperative in Ecuador. The loan will fund the co-op’s Credits for Community Development project, which channels funds to municipalities, community organizations and other local entities to finance improvements in social infrastructure such as schools and roads.

IDB launches second phase of public consultation to discuss strategy on Institutions for Growth and Social Welfare

Wednesday, January 26, 2011 - 03:00
The Inter-American Development Bank (IDB) announced the second phase of public consultations to discuss its draft strategy on Institutions for Growth and Social Welfare. As a key component of the Ninth General Capital Increase in the Resources of the IDB, the strategy will guide the Bank’s operational and analytical work to improve the institution’s impact on economic growth and social welfare.

Ecuadorean textile firm La Internacional to boost production with IDB assistance

Thursday, December 23, 2010 - 03:00
The Inter-American Development Bank approved loans totaling $25 million to help Ecuador’s denim maker La Internacional S.A. enhance production, modernize its equipment, and acquire and install a new turbine at its small hydroelectric plant.

IDB closes first international syndication to an Ecuadorian bank in a decade

Wednesday, December 22, 2010 - 03:00
The Inter-American Development Bank (IDB) closed a $22 million syndicated loan with Banco Pichincha in Ecuador to help fund lending for housing and to support micro, small and medium enterprises (MSME’s).

Ecuador to modernize Civil Registration System with IDB assistance

Monday, December 13, 2010 - 03:00
Ecuador will improve its births registration and citizens’ identification with the creation of new documentation centers that will help virtually all Ecuadoreans to have ID cards within a four-year period under an initiative partially financed by a $78 million loan approved by the Inter-American Development Bank (IDB).

Call for proposals to improve SME's access to finance and competitiveness in Latin America and the Caribbean

Tuesday, September 28, 2010 - 03:00
The Inter-American Development Bank, in collaboration with the Spanish General Trust Fund, announces a new call for proposals to improve financial and private sector development policies in Latin America and the Caribbean.

IDB will finance eight projects aimed at improving the business environment

Wednesday, May 12, 2010 - 03:00
Eight organizations and researchers will receive financing from the Inter American Development Bank (IDB) to carry out activities and studies with the goal of improving registration procedures and management of businesses in several countries in Latin America and the Caribbean.

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.  

IDB fund to hold conference in Mexico on future of remittances

Wednesday, May 5, 2010 - 03:00
The Inter-American Development Bank’s Multilateral Investment Fund will hold May 6-7 in Mexico the conference RemesAmericas – Remittances for the Future, which will bring together government officials, financial executives and delegates from international organizations involved in migration issues.