Former central bank governor Ilan Goldfajn is accomplished as an economist, but he may lack the political experience for the role, sources say
Category: Caribbean
Posted inDaily Brief
IDB aligns with South Korea to fund electric vehicles
US-based development bank and GCF earmark $450 mln for projects in nine countries
Posted inDaily Brief
Bladex leads another loan for Favorita
Panama City-based trade finance bank syndicates a $130 mln facility for the Ecuadorian fruit company to fund investments and pay off debt
Posted inDaily Brief
Brazil selects candidate for IDB president
Bolsonaro administration nominates Ilan Goldfajn to succeed Mauricio Claver-Carone, but the timing raises eyebrows ahead of Sunday’s presidential run-off
Posted inDaily Brief
Latin America faces a third shock
Tightening global financial conditions will make financing costlier and scarcer, IMF warns
Posted inDaily Brief
IDB Invest preps sustainable bond
IDB’s private sector affiliate could issue its first euro-denominated sustainable notes after receiving positive feedback from investors, source says
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IFC to buy blue bonds in Ecuador
Banco Internacional will sell up to $40 mln worth of the notes to the World Bank Group unit
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Latin America has opportunities to scale up climate finance
With standards, the region can attract investment for the race to net-zero even as financial conditions tighten
Posted inDaily Brief
IDB Invest issues first silver social bond
IDB’s private sector arm raises $65 mln in Aussie dollar notes to fund loans for small businesses run by elderly people
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IDB Invest sells blue bonds to Japan’s Taiju Life
IDB’s private sector affiliate raises $24.7 mln in sale of Aussie dollar notes