The Inter-American Development Bank (IDB) has approved a loan for El Salvador for a total amount of 100 million dollars (92.3 million euros) to support the growth of micro, small and medium-sized companies in the country, in line with strengthening its productive fabric.
As explained by the bank in…
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inter-American development bank
IDB reaches an agreement with Argentina to support its liquidity
The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, and the Argentine Minister of Economy, Sergio Massa, agreed to optimize the loan program of the multilateral organization in favor of the country for 2022,…
IDB grants loan to Chile for energy transition
The Inter-American Development Bank (IDB) approved a $300 million loan to support the energy transition process in Chile, according to a statement.
This is the second and last operation of a policy reform support program in the Andean…
Fintech industry increases its presence in Latin America
The number of fintech platforms in Latin America and the Caribbean doubled in the last three years to reach 2,482 in 2021, which represents almost a quarter of these companies worldwide, with 22.6 %, according to the latest study published…
Peru, leader in economic recovery in Latin America
The President of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, highlighted Peru as one of the leaders in the economic recovery of Latin America and the Caribbean, thank you very much to the "commendable" economic…
IDB assures that the fintech help fight against informality
The president of the Inter-American Development Bank (IDB), Mauricio Claver-Carone, affirmed that fintech is "the most efficient and effective mechanism" to fight informality in Latin America and the Caribbean.
In a region where less than…
IDB grants loan to Peru for its tax reform
The Inter-American Development Bank (IDB) granted a loan of 500 million dollars to Peru to strengthen the sustainability of fiscal management and support the recovery of the Andean country.
The loan, which has a repayment term of 20 years…
IDB will hold its 2022 annual meeting in Uruguay
The Board of Executive Directors of the Inter-American Development Bank (IDB) will hold the Annual Meeting of the Boards of Governors of the IDB and IDB Invest in Punta del Este (Uruguay) from March 17 to 20, 2022, as reported in a…
IDB grants credit to Chile to help decarbonization process
The Inter-American Development Bank (IDB) approved a 50 million dollar loan for Chile with the aim of accelerating decarbonization in the Andean country and supporting the national strategy of producing green hydrogen by 2030.
Chile plans…
IDB provided financing to Brazil for its digital transformation
The Inter-American Development Bank (IDB) granted Brazil a credit line of up to 1,000 million dollars to promote digital transformation in the South American country through better connectivity, the adoption of new technologies by the…
Spain and the IDB will boost tourism in Latin America
Spain, through the Ministry of Economic Affairs and Digital Transformation and Segittur, will collaborate with the Inter-American Development Bank (IDB) to promote the smart tourist destinations (DTI in Spanish) model in Latin America and…
IDB and Japan join forces in favor of Latin America and the Caribbean
The Inter-American Development Bank (IDB) as well as the Government of Japan join efforts of cooperation and brotherhood to contribute to the social and economic recovery of Latin America and the Caribbean.
With a promise of alliance, both…