Central America, Panama and the Dominican Republic are Recovering, but Face Challenges

March 14, 2022
According to the latest IDB Group report, Costa Rica, El Salvador, Guatemala, Nicaragua, and the Dominican Republic have already recovered pre-pandemic economic activity levels. During 2021 the IDB Group approved $3.38 billion in financing to support the productive sector, inclusive recovery from the COVID-19 crisis, employment, value chains, and digitalization.  
2022-03-14

Startups and Investors from Latin America and the Caribbean Gathered at IDB Lab Forum

October 28, 2021
The Inter-American Development Bank Group’s flagship event ended after three days of panels on innovative entrepreneurship and its role in the region’s post-pandemic recovery. Innovative entrepreneurship and the role of digital solutions, new technologies, and business models to speed up an inclusive, green, and resilient recovery of the region were the three pillars of the first edition of IDB Lab Forum.
2021-10-28

New program seeks to improve the financial resilience of entrepreneurs and workers

May 17, 2021
The two-year program in Latin America will use behavioral science to help build resilient futures as economies continue to recover. The impact of in-app modifications and notifications on profits, savings, and use of insurance products, considered as the three paths toward financial resilience for small businesses and gig workers, will be studied within digital platforms. If you’ve been thinking more and more about saving money during the past year, you're not alone.
2021-05-17

IDB and IDB Invest Gain Board Support on Vision 2025 and Path Toward Capitalization

March 21, 2021
IDB President Mauricio Claver-Carone details “Vision 2025,” as Bank’s agenda focuses on recovery and sustainable growth for region at first Annual Meeting in two years.  Board of Governors approves resolution on recapitalization discussions, supports “Vision 2025.” BARRANQUILLA, Colombia – The Inter-American Development Bank's Board of Governors approved a resolution authorizing the analytic work required to consider a potential capital increase, and overwhelmingly supported the IDB’s “
2021-03-21

Digital Infrastructure Investments Begin to Bear Fruit

November 16, 2020
Peru and Colombia lead the Global Microscope on financial inclusion in a year marked by a major healthcare crisis The countries whose financial sectors have invested in digital financial infrastructure were able to reach out faster to their most needed communities during the pandemic, according to the Global Microscope 2020 on financial inclusion performance.
2020-11-16

IDB Group Analyzes Financial Inclusion in Times of COVID-19

November 10, 2020
Financial inclusion is called to play a fundamental role in the response of Latin America and the Caribbean (LAC) to the COVID-19 crisis. On November 16, IDB Lab, the innovation laboratory of the Inter-American Development Bank and IDB Invest, the private arm of the IDB Group, will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.
2020-11-10

The IDB & The GovLab launch Smarter Crowdsourcing in the Age of Coronavirus

July 07, 2020
The Smarter Crowdsourcing initiative brings together a network of public leaders and global experts to address the challenges of managing a pandemic in Latin America and the Caribbean. Brooklyn, NY – The Inter-American Development Bank (IDB) together with The Governance Lab (The GovLab) at New York University Tandon School of Engineering, today launched “Smarter Crowdsourcing in the Age of Coronavirus.” This rapid policy advising initiative convenes pu
2020-07-07

IDB Group announces priority support areas for countries affected by COVID-19

March 25, 2020
The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts. The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.
2020-03-26

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.
2019-10-31

IDB Group and MAS collaborate to promote inclusive financial services

November 13, 2018
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.