Multilateral Development Bank of the Year

Multilateral Development Bank of the Year

Corporate & Sovereign Strategy Bonds

As market volatility, weak growth, sliding commodities prices and currency devaluations continue to hammer Latin America’s economies, multilateral development banks are increasingly providing much-needed support across the region. The Inter-American Development Bank has sharply stepped up its loan disbursements in the first half of this year, making it the leading candidate for LatinFinance’s 2015 Multilateral Development Bank of the Year award. “These institutions were created to be counter-cyclical, in a downside that we’re clearly entering, clearly there is going to be more demand on bank lending from the sovereign side,” says Luis Alberto Moreno, president of the IDB. “It’s all

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