Inter-American Development Bank General Information
Description
The Inter-American Development Bank is a banking institution based in Washington, District of Columbia. Established in 1959, the bank is a source of development financing for the Latin American and Caribbean regions. IDB provides lending and grants, including rates, loans, guarantees, equity investments, technical cooperation and other financing solutions to its clients. The bank gives debt in the form of investment lending, policy-based lending, and special development lending. IDB's clients include Central governments, provinces, municipalities, and NGOs. The investment funds are managed by the board of governors, which tops the organizational structure of the bank.