IDB Group and BNDES in Brazil launch Infrastructure Credit Fund

Tuesday, June 5, 2018 - 09:33
São Paulo – The Inter-American Development Bank (IDB) Group, through its private sector institution, IDB Invest, and the Brazilian Development Bank (BNDES) announce an alliance for the creation of an infrastructure credit fund for up to $1.5 billion. The fund initially called "B2 Infra" includes approximately 30% of its resources from BNDES, 10% from IDB Invest and the remainder will be raised together with the private sector, notably from institutional investors.

Latin America and Caribbean single free trade agreement would reap $11 billion windfall, IDB study shows

Tuesday, May 29, 2018 - 14:22
Report urges action by major regional economies Argentina, Mexico and Brazil, amid challenging trade environment Latin America and the Caribbean could add an additional $11 billion in annual trade flows by blending 33 separate agreements into a single regional free trade bloc, according to a study by the Inter-American Development Bank (IDB).

IDB report underscores social benefits of sports for development but warns against program design flaws

Friday, May 25, 2018 - 09:23
Latin American and Caribbean region lags in sports spending, activity levels Latin American and Caribbean region could get a development boost from sports activities that improve the region’s social and health benefits, provided the programs are properly designed and monitored, according to a report by the Inter-American Development Bank.

Latin American and Caribbean export recovery continues, with signs of slowdown: IDB

Thursday, May 24, 2018 - 09:51
Lower commodity prices dampening export growth The value of Latin American and Caribbean exports rose 10.6 percent in the first quarter of 2018 against the same period last year, bolstered by higher demand from its main trading partners, particularly from other countries within the region and the European Union, according to a report by the Inter-American Development Bank (IDB).

Colombia issues its first social bond in the local market for 400,000 million pesos with IDB support

Thursday, May 24, 2018 - 09:37
(This new version corrects the total amount of bonds sold in the local market.)

IDB Invest supports financing to small and medium-sized companies in Chile through Factotal

Wednesday, May 23, 2018 - 17:13
IDB Invest, the private arm of the Inter-American Development Bank (IDB) Group, has signed an unsecured loan of $10 million with a term of up to four years with Factotal S.A. The funds will be used to finance Chilean small and medium-sized enterprises (SME) through factoring and financial leasing.

IDB Invest invests $5 million in MONI Online in its first operation with a Fintech company

Thursday, May 17, 2018 - 16:11
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, made an investment of $3 million with the digital financial services company MONI Online, which operates primarily in Argentina. The financial structure includes the option to invest an additional $2 million in the company’s next round of equity.

IDB Invest strengthens the leather industry in Brazil with financing to the Durli Group

Thursday, May 3, 2018 - 08:53
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, finances the Durli Group in Brazil and Paraguay, with a financial package in Brazil of $38 million and another in Paraguay of $15 million.

New collaboration announced between IDB Group and NDB

Wednesday, May 2, 2018 - 14:04
The Inter-American Development Bank (IDB), IDB Invest and the New Development Bank (NDB) announced that they have agreed to collaborate on areas of common interest and general cooperation. The memorandum of understanding (MOU) was signed in Washington, DC by Luis Alberto Moreno, President of the IDB, James P. Scriven, Chief Executive Officer of the IDB Invest, and K.V. Kamath, President of the NDB.

IDB Invest calls young professionals to participate in the second edition of CREA TU FUTURO Program

Wednesday, May 2, 2018 - 09:22
IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, has opened a call for young professionals who wish to participate in the second edition of its CREA TU FUTURO Program.