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.

FOROMIC launches in the Dominican Republic, seeks to reinvent inclusion

October 31, 2019
The event was attended by IDB President Luis Alberto Moreno. Dominican Republic – FOROMIC, the main event on innovation for the inclusion of Latin America and the Caribbean, has just started in Punta Cana, Dominican Republic, with the slogan “Reinventing Inclusion”. The event was inaugurated by the Minister of Finance, Donald Guerrero and the President of the IDB, Luis Alberto Moreno.

IDB launches Superheroes of Development contest to recognize executing agencies

March 04, 2019
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.

Fintech activity in Latin America spreads to 18 countries

January 17, 2019
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.

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.

Argentina to invest in sustainable energy with IDB support

July 26, 2018
Loan of $100 million from the Green Climate Fund will benefit Small and Medium Enterprises investing in renewable energy and energy efficiency projects Argentina will increase Small and Medium Enterprises (SME) investments in renewable energy and energy efficiency by providing greater access to finance, with a $100 million loan approved by the Inter-American Development Bank. 

More than 3,000 business meetings held at LAC Flavors Argentina 2017

November 07, 2017
Buenos Aires, Argentina- More than 560 food exporting companies from Latin America and the Caribbean (LAC) met with 120 international buyers from five continents at LAC Flavors 2017, where they closed transactions valued at a projected amount of $152 million, according to preliminary data from the Inter-American Development Bank (IDB).

More than 2,000 family farms in Argentina will increase incomes with IDB support

June 21, 2012
New program will benefit some 8,000 rural residents in the provinces of Chaco and Entre Ríos The Inter-American Development Bank (IDB) approved a loan for $30 million to Argentina to finance a program to increase incomes more than 2,000 family farms in the provinces of Chaco and Entre Ríos, of which 14 percent are managed by women heads of houshold.

IDB helps Argentine rural regions boost competitiveness and exports

September 14, 2011
Program backed by the IDB since 1996 benefits farmers beyond the Pampas with projects involving productive infrastructure, extension services and agro-food businesses The Inter-American Development Bank (IDB) approved a $230 million loan to promote the development of Argentina’s non-Pampean regional rural economies by making them more competitive and increasing their exports, estimating this will benefit 17,000 farmers and 490,000 other persons in rural areas. The new loan will also benefit areas affected by an eruption of the Puyehue volcano earlier this year. 

IDB releases its 2010 Development Effectiveness Report

March 23, 2011
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.