Seven Latin American countries will receive support from IDB Invest and LAAD to strengthen agriculture

Wednesday, March 28, 2018 - 08:56
IDB Invest, the private sector institution of the IDB Group, signed a $45 million A-loan with the Latin American Agribusiness Development Corporation (LAAD), a financial intermediary that finances small and medium-sized agribusiness projects in Latin America and the Caribbean. The IDB Invest loan, which expands LAAD's funding sources and has a tenor of up to seven years, will go to seven countries in the region: Peru, Chile, Colombia, Costa Rica, Guatemala, the Dominican Republic and Nicaragua.

IDB launches call for proposals for Improving Lives Grant in the Washington, D.C. metropolitan area

Tuesday, March 27, 2018 - 12:52
The Improving Lives Grant competition offers 10 grants of up to $25,000 to nonprofit organizations The Inter-American Development Bank (IDB) launched a call for proposals in an effort to identify 10 creative initiatives that address the challenges facing Latin American and Caribbean communities located in the Washington, D.C. metropolitan area.

Latin America and the Caribbean: Tax revenues expected to recover after dip in 2016

Tuesday, March 27, 2018 - 10:23
Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 2018. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says.

Finabank in Suriname joins IDB Invest's Trade Finance Facilitation Program

Tuesday, March 27, 2018 - 08:57
Finabank N.V., the fourth largest commercial bank in Suriname, signed an agreement with IDB Invest to join their Trade Finance Facility Program (TFFP). Finabank is currently the only bank in Suriname with an active credit line within the TFFP. The agreement with IDB Invest gives access to trade finance loans and credit guarantees that will enable Finabank to continue growing in Suriname, and to enter new trade finance markets within the Caribbean and the rest of the world.

Three IDB Invest projects receive Latin America Deal of the Year awards from Bonds & Loans

Monday, March 26, 2018 - 09:50
IDB Invest projects Campo Palomas, El Corti and Renova received three Latin America Deal of the Year awards from Bonds & Loans, an international publication specializing in credit markets. These awards highlight projects that earned outstanding achievements in the Latin America and the Caribbean credit markets in 2017.

IndexAmericas recognizes 10 companies in Latin America and the Caribbean leading in gender equality

Monday, March 26, 2018 - 08:51
COMPLEMENTS THE INDEX OF THE 100 GLOBAL COMPANIES OPERATING IN THE REGION AND THE 30 MULTILATINAS LEADING IN SUSTAINABILITY AND DEVELOPMENT MENDOZA, Argentina — IndexAmericas, the first corporate sustainability index created by a multilateral bank, publishes a new sub-index to recognize the 10 companies with operations in Latin America and the Caribbean most committed to gender equality.

IDB Group annual meeting in Argentina ends with a call to boost infrastructure investments and productivity

Sunday, March 25, 2018 - 16:20
MENDOZA, Argentina – The Inter-American Development Bank and IDB Invest today wrapped up the annual meeting of their Boards of Governors, calling for an ambitious growth agenda for Latin America and the Caribbean focused on boosting infrastructure investments and productivity.

IDB proposes growth agenda for Latin America and the Caribbean in new report

Sunday, March 25, 2018 - 09:11
Policies needed to close the gap in investment and productivity of faster-growing regions MENDOZA, Argentina - Latin American and the Caribbean countries require an ambitious growth agenda that focuses on overcoming large gaps in investment and productivity, a report by the Inter-American Development Bank finds.

IDB Group agreement with Japan International Cooperation Agency lays the groundwork for quality private sector infrastructure

Sunday, March 25, 2018 - 08:39
MENDOZA, Argentina — The Inter-American Development Bank (IDB), the IDB Group’s private sector institution IDB Invest and the Japan International Cooperation Agency (JICA) today formalized a Memorandum of Cooperation to jointly promote quality infrastructure and co-finance eligible projects for the private sector.  The agreement was signed by IDB President Luis Alberto Moreno, IDB Invest CEO James P. Scriven, and JICA Senior Vice President Shigeru Maeda. The signing took place in the presence of Mr.

IDB 2017 Sustainability Report underlines the urgency of sustainable Infrastructure investment

Saturday, March 24, 2018 - 08:33
MENDOZA, Argentina ‒ The Inter-American Development Bank (IDB) launched its new Sustainability Report, featuring its priority work during 2017 in sustainable cities and infrastructure, social and environmental safeguards, natural capital, sustainable islands and climate change.