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IDB Invest looks to 'double' lending in LatAm

IDB Invest looks to 'double' lending in LatAm

July 15, 2022 | Rodrigo Alonso Cruz
IDB's private sector affiliate could use a proposed capital increase to increase financing to $12 bln to $13 bln per year, Claver-Carone says

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IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), could "eventually double the level of annual financing" after a proposed capital increase, IDB President Mauricio Claver-Carone told LatinFinance on Thursday. "What I would like is to double annual financing to $12 billion or $13 billion," Claver-Carone said. IDB Invest grants between $6 billion and $7 billion in financing per year and has a portfolio worth around $13 billion, according to Claver-Carone. Clave

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