Colombia leads the 2019 Global Financial Inclusion Microscope for the 2nd consecutive year

October 31, 2019
Dominican Republic – Colombia, Peru, Uruguay and Mexico lead the ranking of the Global Microscope on the environment for financial inclusion, an index that focuses on regulation, political strategies, and infrastructure to address this issue. In these four countries, financial inclusion is a priority and incorporates digital approaches. While Colombia and Mexico lead public policy and consumer protection categories, Uruguay and Peru stand out in stability and financial integrity.

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

November 22, 2018
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.

Global Alliance to Promote the Use of Blockchain in Latin America and the Caribbean

October 30, 2018
Representatives of the IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB) Group, together with representatives of the world's leading technology and consulting companies, announced today the launch of LAC-Chain, a new alliance to promote the use of blockchain in Latin America and the Caribbean. The presentation of this new alliance took place at the FOROMIC 2018 conference, which is being held this year in Barranquilla, Colombia.

Better management of tight budgets could help Latin American and Caribbean governments to raise living standards - OECD/IDB

December 06, 2016
SANTIAGO, Chile – Governments in Latin America will need to improve public sector management and capacity – including budget allocation – to compensate for the pressure on public finances from sliding commodity prices, according to a new report by the OECD and Inter-American Development Bank covering more than 15 countries in the region.

Finance ministers discuss deeper regional integration to stimulate growth and development in LAC

October 05, 2016
Latin America and the Caribbean is urged to implement a bold integration agenda Finance ministers of the Americas and the Caribbean, and the heads of the Inter-American Development Bank, International Monetary Fund, the World Bank and the U.S. Department of Treasury met today at the IDB to discuss policy options for relaunching regional integration to stimulate growth and contribute to long-term development in the region.

Brazilian state of Alagoas to develop tourism and encourage fiscal sustainability and investment with support from IDB

November 14, 2013
Loan of $250 million will also contribute to increasing access to water, sanitation and tourism routes Alagoas, a state in the northeast of Brazil, will receive a $250 loan from the Inter-American Development Bank to increase tourism's contribution as a source of economic development and enhance fiscal sustainability. 

Brazil’s Vox Capital Impact Investing Fund gets $4 million equity investment from MIF

October 29, 2012
Fund to offer long-term financing for SMEs and start-ups serving the Base of the Pyramid (BoP)

Peru’s BanBif gets $20 million subordinated loan from the IDB to boost mortgage lending

January 30, 2012
IDB financing to support BanBif’s business strategy to target middle-income markets The Inter-American Development Bank (IDB) closed and disbursed a $20 million subordinated loan to Banco Interamericano de Finanzas of Peru (BanBif) that will pave the way for increased mortgage lending.

MIF to inject $4 million in Brazilian seed fund to support investments in southern states

December 13, 2011
MIF will also provide a $1 million technical cooperation to further develop Latin America’s venture capital industry using Brazil’s expertise The Multilateral Investment Fund (MIF) approved a $4 million equity investment in C-Ventures Primus, a Brazilian seed capital fund that will invest in emerging firms located in the states of Santa Catarina, Paraná, and Rio Grande do Sul in sectors ranging from energy and life sciences to digital media and information and communication technologies.

IDB closes $430 million syndicated loan to Brazil’s Embraport project

November 25, 2011
WestLB, HSBC, Caixa Geral, Santander join IDB’s A/B Loan Program to finance a project that is critical to help ease congestion at Santos port The Inter-American Development Bank (IDB) closed a $430 million syndicated loan with a group of four international commercial participants to finance the construction, operation and maintenance of a new private mixed-use container and liquids terminal in Brazil’s Santos Port, the largest port complex in the region.