Caribbean Development Bank


Caribbean Development Bank

The Caribbean Development Bank is a financial institution which assists Caribbean nations in financing social and economic programs in its member countries. Created on October 18, 1969 by a conference of eighteen countries and territories in Kingston, Jamaica, it has its headquarters located in Bridgetown, Barbados.

In 2004 Standard & Poor's gave the CDB a rating of (AAA) Triple A, the firm's highest rating. According to Standard and Poor if the Caribbean Development bank "continues its prudent financial policies of the past, its rating should remain stable over the medium term."

At the end of 2000, the bank had shareholders' equity of US$426 million.

Members

Regional

External links

* [http://www.caribank.org/ Official website]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Multilateral development bank — A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advising for the purpose of development. MDBs have large memberships including both developed donor countries and… …   Wikipedia

  • Inter-American Development Bank — The Inter American Development Bank (preferred abbreviation IDB, although sometimes found as IADB), was established and headquartered in Washington, D.C., United States, in 1959 to support Latin American and Caribbean economic and social… …   Wikipedia

  • Inter-American Development Bank - IDB — A cooperative development bank founded in 1959 to accelerate the economic and social development of its Latin American and Caribbean member countries. The Inter American Development Bank is owned by a total of 47 member countries including the… …   Investment dictionary

  • Eastern Caribbean Central Bank — Infobox Central bank bank name = headquarters = Basseterre, St. Kitts bank of = Collapsible list |title=OECS| Anguilla , Antigua and Barbuda, Dominica, Grenada, Montserrat , Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the… …   Wikipedia

  • Agricultural Development Bank of Trinidad and Tobago — The Agricultural Development Bank of Trinidad and Tobago is a financial institution committed to encouraging the growth of the agri sector of that country and the Caribbean as a whole.External links*… …   Wikipedia

  • Inter-American Development Bank — ▪ international organization Spanish  Banco Interamericano de Desarrollo         international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. The… …   Universalium

  • Development Business — Development Business, also known as United Nations Development Business , UN Development Business , UNDB or DB is an online and print publication issued by the United Nations Department of Public Information . It is the official source of… …   Wikipedia

  • Caribbean Community — Infobox Geopolitical organization name = Caribbean Community (CARICOM) linking name = the Caribbean Community map caption = Map showing CARICOM members, associates and observers membership = admin center type = Seat of Secretariat admin center =… …   Wikipedia

  • Caribbean — West Indian and West Indies redirect here. For other uses, see West India, West Indies (disambiguation) and Caribbean (disambiguation). Caribbean Area 2,754,000 km2 (1,063,000 sq mi) …   Wikipedia

  • Caribbean Community and Common Market — ▪ international organization       organization of Caribbean nations and dependencies that was established in 1973 by the Treaty of Chaguaramas. It replaced the former Caribbean Free Trade Association (Carifta), which had become effective in 1968 …   Universalium


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.