IDB earmarks US$3.7 billion in loans for private sector
The Inter-American Development Bank (IDB) aims issue US$3.7 billion in loans to the private sector next year, said Steven J. Puig, the bank's vice president for private-sector lending.
Monday, June 30, 2008
Puig added that the IDB also hopes to increase its presence in Central America and the Caribbean. Two new officials are being hired in El Salvador to handle lending to major companies and small businesses respectively.
The improvement in competitiveness and support of the private sector are some of the positive elements being noticed by the entity.
The Inter-American Development Bank has approved a new Country Strategy, which has a financial framework of between $700 and $1.060 million for the period 2011-2014.
The Inter-American Development Bank (IDB) will loan $27 million to a program fostering rural business.
During a meeting of Governors, IDB President Luis Alberto Moreno announced that the entity will increase its support to countries in the region.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar