Caribbean Development Bank

E71605

The Caribbean Development Bank is a regional financial institution that provides development financing and technical assistance to Caribbean countries to promote economic growth and reduce poverty.

Aliases (1)

Statements (48)
Predicate Object
instanceOf international financial institution
regional development bank
abbreviation CDB
aimsTo enhance competitiveness of Caribbean economies
improve infrastructure in member countries
promote regional integration
support social development
cooperatesWith Caribbean Community (CARICOM)
Caribbean Regional organizations
Inter-American Development Bank
World Bank
countryHeadquarters Barbados NERFINISHED
currencyOfOperations United States dollar
eastern Caribbean dollar
founded 1970
foundingAgreementSigned 1969
geographicFocus small island developing states in the Caribbean
governanceStructure Board of Directors
Board of Governors
hasMemberType borrowing member countries
non-borrowing member countries
hasOfficialLanguage English
headedBy President of the Caribbean Development Bank
headquartersLocation Wildey, Saint Michael, Barbados
language English
legalStatus multilateral development bank
lendingInstruments guarantees
lines of credit
sovereign loans
membershipType regional and non-regional members
offers grants
primaryPurpose promote economic growth in the Caribbean
reduce poverty in the Caribbean
support sustainable development in borrowing member countries
provides development financing
policy advice
technical assistance
regionServed Caribbean
sectorFocus agriculture
climate resilience
education
health
infrastructure
private sector development
renewable energy
water and sanitation
typeOfOwnership owned by member governments
website https://www.caribank.org


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