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.

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

Artificial intelligence to boost Latin American and Caribbean economies: IDB study

Wednesday, August 29, 2018 - 11:43
Study also urges governments to anticipate consequences of artificial intelligence in labor markets BUENOS AIRES – Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a study by the Inter-American Development Bank (IDB).

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 releases annual report on anti-corruption activities

Thursday, April 2, 2009 - 03:00
The Inter-American Development Bank sanctioned 25 individuals and eight firms as a result of investigations carried out during 2008, according to a report released today.The 2008 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of fraud and corruption in Bank-financed activities. It offers a detailed summary of a sampling of the 222 inquiries and allegations received by the OII and 150 investigations it carried out last year.

IDB Annual Meeting concludes with countries vowing action on crisis

Tuesday, March 31, 2009 - 03:00
Governments approve kicking off process to review IDB capital levels. Seminars, dialogues, exhibitions and debates mark IDB’s 50-year anniversary.MEDELLÍN, Colombia – For nearly a week ending today, this picturesque and thriving city transformed itself into the economic epicenter of Latin America and the Caribbean.

IDB Annual Meeting agenda highlights - March 30

Monday, March 30, 2009 - 03:00
Second and last day of official sessions of the Annual Meeting of the Board of Governors of the Inter-American Development Bank, at the Plaza Mayor Convention Center. Representatives of the 48 member-countries are discussing during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region. In the evening, after the closing session, a socio-cultural event with artist Carlinhos Brown will take place at the Metropolitan Theater. 9:00 a.m. - 1:00 p.m.

IDB to start reviews for capital increases, boosting financing in short-term

Monday, March 30, 2009 - 03:00
MEDELLÍN, Colombia – The Board of Governors of the Inter-American Development Bank (IDB) today instructed the Bank’s management to “start immediately” to review the need for an increase in its ordinary capital, which currently stands at $101 billion, and a replenishment of its concessional lending window, the Fund for Special Operations.

IDB meeting ends amid concern over global economic crisis

Monday, March 30, 2009 - 03:00
MEDELLÍN, Colombia – The Inter-American Development Bank today closed the 50th annual meeting of its Board of Governors, starting a review process for a capital increase in light of the challenges posed by the global economic crisis on Latin America and the Caribbean. The Board of Governors, the Bank’s top policy-making body, brings together representatives from the 48 member countries of the IDB, the leading source of long-term lending for this region.

IDB Annual Meeting agenda highlights - March 29

Sunday, March 29, 2009 - 03:00
Annual Meeting of the Board of Governors of the Inter-American Development Bank begins today. U.S. Treasury Secretary Timothy Geithner and IDB President Luis Alberto Moreno will speak during the inaugural session. Representatives of the 48 member-countries will discuss during the two-day meeting the economic situation of Latin America and the Caribbean and ways the IDB can increase support to the region.  9:00 a.m. – 1:00 p.m. Informal meeting of the Board of Governors. (This event is closed to the public) 2:00 p.m. – 2:30 p.m.