Latin American and Caribbean exports rise but at a slower rate

Thursday, January 10, 2019 - 12:13
Exports from Latin America and the Caribbean hit their highest level in six years thanks to a 9.9 percent increase in 2018, albeit amid growing downside risks in the future, according to a new report by the Inter-American Development Bank. The region exported $1.08 trillion last year. While this is the highest level since record exports in 2012, the rise fell short of the 12.2 percent growth rate for 2017. The region’s performance also lagged a worldwide trade increase of 11.6 percent for the Jan-Sept period (compared to the same period the previous year).

IDB Launches $3.25 Billion 2.625% 5-year Fixed Rate Global Benchmark

Wednesday, January 9, 2019 - 17:17
The Inter-American Development Bank (“IDB” or “IADB”), rated Aaa/AAA (Moody’s/S&P), today priced a new $3.25 billion 5-year global bond. The transaction pays a semi-annual coupon of 2.625% and matures on 16 January 2024. It priced with a spread of 10.0 basis points over mid-swaps and 17.05 basis points over the 2.625% UST due 31 December 2023, which represents a reoffer yield of 2.740% s.a.

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.

IDB trains consular officials from Central America's Northern Triangle

Thursday, December 20, 2018 - 16:42
The Program to Enhance Consular Training concluded in Washington D.C., after drawing participants from officials stationed in 17 US cities The Inter-American Development Bank (IDB) held a workshop at its headquarters that concluded the Program to Enhance Consular Training, which has been underway since last June and reached more than 150 consular officials posted in the United States.

IDB appoints Brian O’Neill Executive Vice President

Wednesday, December 19, 2018 - 15:36
The Board of Executive Directors of the Inter-American Development Bank approved the appointment of Brian O’Neill as Executive Vice President effective January 1, the IDB announced. O’Neill has served in several senior leadership roles at Lazard since 2009, most recently as Senior Advisor. He has extensive experience working with governments, local and multinational corporations, as well as financial institutions.

IDB and CDB to expand the Sustainable Energy Facility (SEF) for the Eastern Caribbean

Monday, December 17, 2018 - 11:21
US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations.  It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Internet of things to improve productivity and sustainability of trout aquaculture in Peru

Friday, December 14, 2018 - 12:58
A US$2 MILLION PROJECT WILL IMPROVE AQUACULTURE PRODUCERS' PRODUCTIVITY AND INCOME IN LAKE TITICACA IN PERU WHILE IMPROVING ITS SUSTAINABILITY IDB Lab, the Inter-American Development Bank (IDB) Group’s innovation laboratory, approved over US$2 million funding to support a project that will allow local small and medium-scale aquaculture producers in Lake Titicaca (Peru) to incorporate the benefits of Internet of Things (IoT) in trout farming.

Inter-American Development Bank approves loans for Bolivia and Honduras

Wednesday, December 12, 2018 - 15:12
The Inter-American Development Bank (IDB) approved today two operations for projects on water and sanitation in Bolivia and emergency health care in Honduras. The press releases issued with details on the projects, the amounts and payment terms, are as follows: 

Bolivia to improve mid-sized cities water and sanitation services with IDB assistance

Wednesday, December 12, 2018 - 14:50
$79 million project will provide new or enhanced drinking water and sanitation services to more than 44,000 homes Bolivia will launch in 2020 a project to expand and improve drinking water and sanitation services with help from a $79 million loan approved today by the Inter-American Development Bank’s Board of Directors.

Honduran capital Tegucigalpa to boost emergency health care with IDB help

Wednesday, December 12, 2018 - 11:46
Loan of $53.8 million to enhance trauma and emergency care in Tegucigalpa through construction of a new trauma hospital The Inter-American Development Bank has approved a $53.8 million loan to build a new hospital in Honduras that will improve trauma and emergency care services both in the capital Tegucigalpa and the central-southeast region of the country.