Three regional multilateral development banks sign exposure exchange agreements totaling $1.15 bln
Category: Caribbean
Posted inDaily Brief
IDB Invest, MIGA move to spur regional trade finance
The $500 mln guarantee is aimed at providing greater liquidity for importers and exporters during periods of market volatility
Posted inDaily Brief
Latin America must focus on building fiscal buffers: IMF
Reducing their financing needs will help countries get through a period of slower global growth and high borrowing costs, Fund official says
Posted inDaily Brief
World Bank funds Caribbean power program
Multilateral lender approves financing to upgrade energy infrastructure, lower electricity costs in Eastern Caribbean
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As global risks abound, LatAm shows resilience
As fears of a US downturn rattle markets, bankers, investors and policy makers are optimistic Latin American economies can withstand the turbulence
Posted inDaily Brief
Bahamas says investors hungry for new issuance
Economic Affairs Minister Halkitis says the government will make a decision on raising debt when interest rates “seem right”
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Jamaica eschews new debt, eyes growth – minister
Official says debt consolidation remains top priority as economic turnaround notches new records
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Tether to buy control of Adecoagro
British Virgin Islands-based cryptocurrency firm to boost its interests in agribusiness, renewable power through equity deal
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Caribbean regional banks move to unlock liquidity
Region’s commercial banks have $6 bln in excess liquidity that could be tapped to stimulate growth, says CDB chief
Posted inDaily Brief
IDB Invest lends to Caribbean retailer
Retail arm of Trinidad & Tobago-based Massy Group borrows $150 mln to finance investments