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What (who) is Caribbean Development Bank - definition
Caribbean Development Bank
The CDB promotes economic development and cooperation by providing long-term financing for productive projects in CARICOM member countries and U.K.-dependent territories in the Caribbean. Members include: Anguilla, Antigua and Barbuda, the Bahamas, Barbados, Belize, British Virgin Islands, Canada, Cayman Islands, Dominica, France, Grenada, Guyana, Jamaica, Mexico, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago, Turks and Caicos Islands, the United Kingdom, and Venezuela. The Bank was established in 1969; headquarters are in St. Michael, Barbados, West Indies. Beginning in 1977, the Inter-American Development Bank (IADB) may make loans through the CDB to all CDB members, regardless of whether those countries are members of the IADB. See: Inter-American Development Bank
Caribbean Development Bank
The Caribbean Development Bank (CDB) is a financial institution that helps Caribbean nations finance social and economic programs in its member countries. CDB was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970.
African Development Bank
MULTILATERAL DEVELOPMENT FINANCE INSTITUTION
AfDB; Afdb; African Development Fund; Nigeria Trust Fund; African Bank of Development; The AfDB; African Development Bank Group; Banque africaine de développement; The African Development Bank Group; Agreement establishing the African Development Bank; XUA; African Development Bank Unit of Account; Africa Development Bank; ADB Unit of Account; ISO 4217:XUA
AfDB (French: Banque Africaine de Developpement) provides financing through direct loans to African member states to cover the foreign exchange costs incurred in Bank-approved development projects in those countries. Fifty-one African countries are member
Wikipedia
Caribbean Development Bank
The Caribbean Development Bank (CDB) is a financial institution that helps Caribbean nations finance social and economic programs in its member countries. CDB was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970.
Examples of use of Caribbean Development Bank
1. The Caribbean Development Bank, based in Bridgetown, Barbados, assists Caribbean nations in financing their social and economic programs.
2. Only a quarter of $150 million in aid pledged to Grenada has been disbursed, mostly from the United States, the World Bank and the Caribbean Development Bank, Andrews said. I just don‘t see how the country makes it through if those pledges don‘t come in,‘‘ said Prakash Loungani, IMF mission chief for Grenada.
3. The fund also may support activities to strengthen regional insurance markets and establish regional networks of experts on risk assessment, disaster prevention, emergency preparedness and reconstruction.'4; Similar activities sponsored by the Caribbean Development Bank also may be backed by the new fund.
4. USAID‘s Office of Foreign Disaster Assistance already is involved in disaster mitigation efforts in the region.'4; Those efforts include supporting the establishment of a disaster mitigation facility within the Caribbean Development Bank, and the strengthening of the Barbados–based Caribbean Disaster Emergency Response Agency, which is involved in preparedness.
5. Other country delegations at the meeting were from Argentina, Brazil, Canada, Chile, France, Germany, Japan, Mexico, Spain and the United Kingdom.'4; Besides the World Bank, other international groups at the meeting were the Caribbean Community Secretariat, the Caribbean Development Bank, the European Commission, the Inter–American Development Bank, the International Monetary Fund, the International Organization of the Francophone, the Organization of American States, the Pan American Health Organization, the U.N.