http://www.caribbeanpressreleases.com en-us N/A [email protected] Wed, 24 Apr 2013 22:48:43 CDT 20 http://www.caribbeanpressreleases.com/articles/10071/1/Caribbean-Development-Bank-and-Guyana-Sign-USD40-million-Agreements/Page1.html March 5, 2013 - Two agreements for Caribbean Development Bank (CDB) funding to Guyana totalling USD40 million were signed in Georgetown on Monday, February 25, 2013, by Guyana’s Minister of Finance, Dr. Ashni Singh and CDB Vice-President (Operations), Dr. Carla Barnett. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10071/1/Caribbean-Development-Bank-and-Guyana-Sign-USD40-million-Agreements/Page1.html http://www.caribbeanpressreleases.com/articles/10057/1/Highlights-of-CDBS-Activities-in-2012-Economic-Prospects/Page1.html Bridgetown-- In 2012, the operations of the Caribbean Development Bank (CDB) continued to be influenced by the lingering effects of the global financial crisis. As a consequence of the difficult economic environment, reduced fiscal space for undertaking capital expenditure, and strict control over public sector spending across the Region, demand for CDB financing declined, once again.
]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/10057/1/Highlights-of-CDBS-Activities-in-2012-Economic-Prospects/Page1.html http://www.caribbeanpressreleases.com/articles/9971/1/Caribbean-Development-Bank-Responds-to-Standard-and-Poors-Recent-Action/Page1.html Dec. 18, 2012 - The Caribbean Development Bank (CDB) is naturally disappointed that following a review under its revised criteria for multilateral lending institutions, Standard & Poor’s Rating Services (S&P) has lowered CDB’s long-term foreign currency issuer credit rating from AA+ to AA, with a negative outlook. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9971/1/Caribbean-Development-Bank-Responds-to-Standard-and-Poors-Recent-Action/Page1.html http://www.caribbeanpressreleases.com/articles/9966/1/Standard-and-Poors-Lowers-Credit-Rating-on-Caribbean-Development-Bank-to-AA/Page1.html ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9966/1/Standard-and-Poors-Lowers-Credit-Rating-on-Caribbean-Development-Bank-to-AA/Page1.html http://www.caribbeanpressreleases.com/articles/9910/1/CDB-to-Provide-Hurricane-Relief-Financing-to-Borrowing-Member-Countries-Affected-by-Hurricane-Sandy/Page1.html Nov. 9, 2012 - The Caribbean Development Bank (CDB) has offered to provide the Government of the Commonwealth of The Bahamas, the Government of Jamaica and the Government of Haiti with financial assistance for their recovery efforts in the wake of the passage of Hurricane Sandy.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9910/1/CDB-to-Provide-Hurricane-Relief-Financing-to-Borrowing-Member-Countries-Affected-by-Hurricane-Sandy/Page1.html http://www.caribbeanpressreleases.com/articles/9850/1/Barbados--Government-To-Roll-Out-New-Education-Sector-Enhancement-Programme/Page1.html Bridgetown - Oct. 1, 2012 - Education Sector Enhancement Programme (ESEP) II will be financed through an agreement signed April 3, 2012, for a loan of US$35 million from the CDB and counterpart resources from the Government of Barbados.
]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9850/1/Barbados--Government-To-Roll-Out-New-Education-Sector-Enhancement-Programme/Page1.html http://www.caribbeanpressreleases.com/articles/9844/1/CARIB-CAP-II-To-be-Launched-During-the-Caribbean-Microfinance-Forum-IV/Page1.html Sept. 28, 2012 - Fifteen microfinance institutions in the Caribbean will participate in the second phase of the regional Microfinance Capacity-Building Project for the English-speaking Caribbean (Carib-Cap II), a programme aimed at helping the Region develop its microfinance industry.]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9844/1/CARIB-CAP-II-To-be-Launched-During-the-Caribbean-Microfinance-Forum-IV/Page1.html http://www.caribbeanpressreleases.com/articles/9682/1/CDB-Grant-for-Haiti-Catastrophe-Risk-Insurance-Premium/Page1.html Bridgetown - July 25, 2012 - The Government of Haiti will get assistance from the Caribbean Development Bank (CDB) to pay its premium for the period June 1, 2012, to May 31, 2013, to the Caribbean Catastrophe Risk Insurance Facility (CCRIF). CDB’s Board of Directors has approved a grant equivalent to USD 2.57 million for this purpose.
]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9682/1/CDB-Grant-for-Haiti-Catastrophe-Risk-Insurance-Premium/Page1.html http://www.caribbeanpressreleases.com/articles/9542/1/Caribbean-Development-Banks-response-to-credit-rating-downgrades/Page1.html June 16, 2012 - CDB notes the concerns raised by the credit agencies and has started to address these concerns. In particular, the Bank is already undertaking an in-depth examination of its risk management framework.
]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9542/1/Caribbean-Development-Banks-response-to-credit-rating-downgrades/Page1.html http://www.caribbeanpressreleases.com/articles/9533/1/SampP-cuts-Caribbean-Development-Bank-to-AA/Page1.html June 12, 2012 -- Overview -- The Caribbean Development Bank's risk management has weakened. -- We lowered the long-term issuer credit rating on the bank to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating. -- The stable outlook reflects our expectation that despite weaknesses in the risk management framework, the bank's financial position will remain in line with its rated peers and that the very strong shareholder support will persist. ]]> [email protected] (S Coward) http://www.caribbeanpressreleases.com/articles/9533/1/SampP-cuts-Caribbean-Development-Bank-to-AA/Page1.html