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The program led to more than 30,000 new bank accounts being opened and some 2,000 people receiving education in financial services.

This month, the Inter-American Development Bank (IDB) priced a new $3.75 billion USD five-year global bond listed on the London Stock Exchange, the financial institution’s largest dollar-based five-year benchmark to date. According to the regional development bank, which is...

Once completed, the planted is expected to generate 13,900 megawatts of electricity per year, or 18% of the Colombia's power capacity.

The Inter-American Development Bank (IDB) today approved a $100 million USD assistance loan to help Colombia improve the nation’s environmental and socioeconomic sustainability. The loan is for a 13.5-year term “with a 13.5-year grace period and a LIBOR-based intere...

The loan will “give a big boost” to the massive 4G road construction project underway in Colombia.

Sempli sees this as the first in a series of investments that will allow the online lender "to​ ​support​ ​this​ ​segment​ ​with​ ​more​ ​than​ $​50​ ​million USD."

The switch, which will formally take place on September 4, marks the first leadership change for the Bancoldex.

Starbucks has partnered with the Inter-American Developmental Bank on a $4 million USD loan program for 2,000 small-scale framers, most of whom will be women.

The proposed reforms will aim to solidify macroeconomic stability, boost development, encourage public/private partnerships, strengthen regulation, and promote financial inclusion.

Mejía, an economist, had been serving as deputy director of DNP and joined the agency in September 2012.