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 and 2010, 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."[1]
At the end of 2000, the bank had shareholders' equity of US$426 million.
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[edit] Members
[edit] Regional
[edit] Other regional
[edit] Non-regional
[edit] United Nations Development Business
The United Nations launched Development Business in 1978 with the support of the Caribbean Development Bank, the World Bank, and many other major development banks from around the world. Today, Development Business is the primary publication for all major multilateral development banks, United Nations agencies, and several national governments, many of whom have made the publication of their tenders and contracts in Development Business a mandatory requirement.[2]
[edit] References
- ^ Staff writer (26 August 2010). "CDB gets top rating". Caribbean360.com. http://www.caribbean360.com/index.php/business/37503.html. Retrieved 30 August 2010.
- ^ United Nations Development Business' website
[edit] External links
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