Nearly 1,400 indigenous entrepreneurs in Panama to boost revenue with support from IDB

Monday, May 20, 2019 - 11:28
A USD43 MILLION OPERATION WILL IMPROVE ACCESS TO FINANCING, INVESTMENT IN PRODUCTIVE INFRASTRUCTURE AND TECHNICAL ASSISTANCE The Inter-American Development Bank has approved a USD40 million loan to Panama, complemented by a local contribution of USD3 million, to implement an ambitious program financial inclusion and indigenous entrepreneurship in the country's 12 indigenous regions.

IDB launches Improving Lives Grant 2019 in the Washington, D.C. metropolitan area

Thursday, April 25, 2019 - 14:23
The grant offers up to $25,000 to 10 nonprofit organizations addressing the needs of Latin American and Caribbean communities in the DC area The Inter-American Development Bank (IDB) launched a call for proposals  to identify 10 impactful initiatives that address challenges faced by members of the Latin American and Caribbean communities in the Washington, D.C. metropolitan area.

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.

IDB launches 2019 Call for Proposals to finance regional projects in Latin America

Wednesday, January 16, 2019 - 10:27
THE DEADLINE FOR ACCEPTING PROPOSALS FOR REGIONAL PUBLIC GOODS IS MARCH 1ST, 2019 The Inter-American Development Bank (IDB) launched the 2019 Call for Proposals for the Regional Public Goods (RPG) Initiative in Latin America and the Caribbean (LAC), which supports projects involving three or more countries.

Inter-American Development Bank Group to hold Annual Meeting in Chengdu, China

Thursday, December 20, 2018 - 16:50
Online media registration is available for March 26-31 gathering of Latin American and Caribbean leaders Spotlight on small and mid-sized firms, green financing, sustainable infrastructure investing The Inter-American Development Bank Group will hold its Annual Meeting in Chengdu, China, on March 26-31.

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

Thursday, November 22, 2018 - 13:03
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.

IDB Group and MAS collaborate to promote inclusive financial services

Tuesday, November 13, 2018 - 08:01
The alliance will allow Latin American and Caribbean financial entities to benefit from the innovations in regulation, knowledge and networks of the Asian country, world leader in Fintech The Inter-American Development Bank (IDB) Group, led by IDB Lab – the Group’s innovation laboratory – and the Monetary Authority of Singapore (MAS) today signed a Memorandum of Understanding (MOU) to collaborate on projects and initiatives that will foster innovation in financial services in the Latin America and the Caribbean (LAC) and ASEAN regions.

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

Tuesday, October 30, 2018 - 11:45
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.

IDB and AFD pledge to enhance co-financing for Latin America and the Caribbean

Thursday, October 11, 2018 - 17:13
The Inter-American Development Bank (IDB) President Luis Alberto Moreno and Agence Française de Développement (AFD) CEO Rémy Rioux signed a partnership framework agreement to enhance co-financing of projects which sets the target to reach at least US$1 billion co-financing over the next three years. This agreement effectively builds upon the IDB-AFD partnership formalized in 2015.

IDB Announces Settlement in Connection with Prohibited Practices

Tuesday, August 21, 2018 - 10:18
The Inter-American Development Bank (IDB) today announced the debarment of GL Systems LLC (“GL Systems”), an American company, for four years in connection with allegations of prohibited practices in three IDB-financed activities: (i) the Program for the Modernization of Customs, Excise and VAT Areas in Barbados, (ii) the Barbados Competitiveness Program, and (iii) an IDB corporate procurement contract.