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Inter-American Development Bank (IDB)

by admin last modified Feb 19, 2014 02:01 PM
IDB Headquarters

Inter-American Development Bank (IDB)
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1300 New York Avenue, N.W.


Washington, D.C.


20577

United States


202 623 1000

202 623 3096

We support efforts by Latin America and the Caribbean countries to reduce poverty and inequality. We aim to bring about development in a sustainable, climate-friendly way.

Established in 1959, we are the largest source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increasedintegritytransparency and accountability. We have an evolving reform agenda that seeks to increase our development impact in the region.

While we are a regular bank in many ways, we are also unique in some key respects. Besides loans, we also provide grants, technical assistance and do research. Our shareholders are 48 member countries, including 26 Latin American and Caribbean borrowing members, who have a majority ownership of the IDB.

Our Fund for Special Operations (FSO) provides concessional financing to our most vulnerable member countries.

Given our shareholder base and prudent management, we have a strong financial position. As a result, the IDB is able to borrow in international markets at competitive rates and transfer that benefit to our clients.