Where is the Inter-American Development Bank located?
Washington, D.C.
Inter-American Development Bank
| IDB Headquarters at Washington, D.C. | |
|---|---|
| Established | 1959 |
| Type | International organization |
| Headquarters | 1300 New York Avenue NW Washington, D.C. United States |
| Membership | 48 countries |
What is the purpose of the IDB?
The IDB provides support for public and private investment projects and for policy reforms, and helps countries cope with disasters or financial crises.
Who funds the IDB?
The Bank’s lending and its grants to member countries are funded from four sources: member countries’ subscriptions and contributions, borrowings from capital markets, equity accumulated since the Bank’s inception, and co-financing ventures.
How are development banks funded?
Development Finance Institutions (DFIs) are specialised development organisations that are usually majority owned by national governments. DFIs source their capital from national or international development funds or benefit from government guarantees which ensures their credit-worthiness.
When was IDB founded?
April 8, 1959, Washington, D.C.
Inter-American Development Bank/Founded
How many employees does the IDB have?
2,000 employees Across four continents, with headquarters in Washington, DC, in 26 borrowing member countries, and regional offices in Asia and Europe.
What are developmental banks?
development bank, national or regional financial institution designed to provide medium- and long-term capital for productive investment, often accompanied by technical assistance, in poor countries. Fast Facts. Related Content. Asian Development Bank. Related Topics: bank.
Is IDB part of World Bank?
The Inter-American Development Bank (IDB) and the World Bank have signed a Framework Agreement for mutual reliance in public procurement matters related to co-financed projects in Latin America and the Caribbean (LAC).
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