IDB approves Uruguay's first cybersecurity credit in its history

Thursday, August 22, 2019 - 11:15
Loan will support the strengthening of the country's capacity to prevent, detect and respond to cyber attacks The Inter-American Development Bank (IDB) approved an $8 million loan that will support the strengthening of Uruguay's capacity to protect its digital space by improving its systems to prevent, detect and respond to cyber attacks.

IDB and SmartFilms® Cell-Phone Film Festival Launch Citizen-Security Category

Monday, June 17, 2019 - 23:58
Contest seeks short films on crime prevention and citizen security in Latin America and the Caribbean by young people and professionals  The Inter-American Development Bank (IDB) and the SmartFilms® Film Festival today launched a new citizen-security contest category and is calling for submissions on the theme “I am not afraid to enjoy my city.”

IDB approves grant funds for countries receiving migrants in Latin America and Caribbean

Tuesday, May 7, 2019 - 13:22
Grant resources will support inclusive national development investments, regional projects, research, training on critical issues, and innovative solutions impacting development in region The Board of Governors of the Inter-American Development Bank has approved the use of its special grant facility to support operations that help countries integrate migrants into local communities and contribute to their development.

IDB launches Superheroes of Development contest to recognize executing agencies

Monday, March 4, 2019 - 18:41
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.

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 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.

IDB supports Colombia’s efforts to fight and prevent corruption

Monday, December 11, 2017 - 19:00
Colombia will strengthen public surveillance and promote its institutions’ transparency and integration by boosting up the effectiveness of the Public Prosecutor's Office (PGN, after its Spanish initials) with help from a $40 million loan from the Inter-American Development Bank (IDB).

IDB Launches $3 Billion 5-Year Fixed Rate Global

Wednesday, September 13, 2017 - 03:00
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), priced a new $3 billion 5-year global bond. The transaction pays a semi-annual coupon of 1.750 percent and matures on September 14, 2022. Priced with a spread of +20.35 basis points over the UST 1.625 percent August 2022, this represents a yield of 1.824 percent s.a.

Colombia pushes forward financial system reforms with $450 million IDB loan

Wednesday, June 7, 2017 - 03:00
The Inter-American Development Bank (IDB) has approved the second phase of an operation to support financial system reforms aimed at boosting up Colombia's economic growth. The loan is for $450 million.

IDB supports Ecuador in rebuilding electricity infrastructure damaged by earthquake

Wednesday, January 25, 2017 - 03:00
The Inter-American Development Bank (IDB) will help Ecuador with a $60 million loan to rebuild electrical infrastructure in areas hit by an earthquake last April, through the incorporation of quake-resistant features in the provinces of Esmeraldas, Manabí and Santo Domingo. The specific goals of the project are to restore the supply of electricity through the sub-transmission systems of the utility companies affected by the quake and facilitate reliable supply of electricity to final users through the implementation of electrical distribution projects.