Ministers of Women of the region held a meeting to address the challenges from COVID-19

April 03, 2020
The virtual event was organized by the IDB and the Inter-American Commission of Women of the OAS.
2020-04-03

IDB Launches $2 billion 0.875% 5-year Fixed Rate SDB Global Benchmark

March 30, 2020
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new $2 billion 5-year sustainable development bond (SDB) global benchmark. The transaction pays a semi-annual coupon of 0.875% and matures on April 3rd, 2025. It priced with a spread of 46.2 basis points over the 0.500% UST due March 31st, 2025, which represents a yield of 0.885% s.a.
2020-03-30

IDB Group announces priority support areas for countries affected by COVID-19

March 26, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

IDB-OECD study calls for better governance, integrity in Latin America and Caribbean

March 18, 2020
Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.
2020-03-18

Government of Colombia and IDB Group agree to reschedule annual meeting

March 10, 2020
Gathering will take place in Barranquilla, Colombia, in the first half of September 2020 The President of Colombia participated via telephone in a meeting of the IDB Board The Board of Executive Directors of the Inter-American Development Bank, in a meeting with the participation of the President of Colombia, Ivan Duque Marquez, announced today that the IDB Group’s 2020 Annual Meeting has been rescheduled and will take place in Barranquilla, Colombia, in the first half of September 2020.
2020-03-10

Suriname will improve its water supply system with support from the IDB

March 10, 2020
The $25 million project will improve the efficiency and quality of the services provided by the Suriname Water Company, benefiting over 3,700 households  Suriname will improve the efficiency and sustainability of its portable water services thanks to a loan of US$25 million approved by the Board of Directors of the Inter-American Development Bank (IDB).
2020-03-10

IDB to support sustainable development of Ecuador’s mining and energy sectors

March 12, 2020
The Inter-American Development Bank has approved a US$78.4 million loan to help promote sustainable and responsible investments in Ecuador’s mining and energy sectors in order to improve macroeconomic stability, boost productivity, and generate jobs. The program aims to reduce the energy sector’s emissions and enhance its efficiency and reliability through technical, environmental, legal and economic studies, while ensuring that investments help consolidate the country’s commitments to the implementation of the Paris Agreement, which Quito has ratified.
2020-03-12

Costa Rica advances with its National Decarbonization Plan with IDB support

March 12, 2020
A US$230 million loan will allow the implementation of policy reforms that support the development of this sustainable development strategy. Costa Rica is making progress in its transition to a modern, resilient, inclusive and net-zero emission economy by 2050 as outlined in its National Decarbonization Plan, thanks to a US$230 million loan approved by the Inter-American Development Bank (IDB).
2020-03-12

IDB Group and MIT Solve announce 10 finalist solutions of the Rethink Plastics Challenge

March 04, 2020
Winners will receive up to US$60,000 in cash prizes and the opportunity to have a pilot of up to US$250,000 with the IDB Group. The IDB Group, formed by the Inter-American Development Bank,
2020-03-04

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

February 27, 2020
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.
2020-02-27