The Inter-American Development Bank (IADB) has invested heavily in business projects across Latin America and the Caribbean, the regional bank said on Monday. Over the last 18 months, the bank has invested 110 million U.S. dollars in the projects which had strong social impacts, according to Josef Henriquez, head of the IADB's Syndication Unit. He said the investments "are an important source of financing for innovative and profitable business ideas that can help alleviate poverty and improve the quality of life for vulnerable people." The IADB used the money in partnership deals with private investors across the Latin American region.
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and GazaMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor