References in periodicals archive ?
IDB Invest is the private sector institution of the Inter-American Development Bank (IDB) Group.
The IDB vice president made the statement based on a report, "Mobilizing Islamic Finance for Infrastructure-Public Private Partnership," which was funded by the Jeddah-based development bank.
FDN will provide IDB Invest up to 330 billion Colombian pesos, and the IDB up to 270 billion Colombian pesos for long-term lending in local currency.
HE Obaid Humaid Al Tayer stressed the importance of UAE's participation in the annual meetings of IDB Group as it offers a platform to discuss financial and economic plans and develop future strategies in order to achieve and support the sustainable economic development and reduce poverty and unemployment in all IDB member countries and the Islamic world.
The ambassador also conveyed good wishes of President Mamnoon Hussain and Prime Minister Nawaz Sharif for the President IDB and the President reciprocated very warmly.
During the meeting in Istanbul on Thursday, the Iranian economy minister and IDB President reiterated the Necessity of expansion of cooperation between IDB with Iran's private sector.
The IDB Fund II, launched on the 40th anniversary of the IDB, is the largest private equity infrastructure fund dedicated to the 57 member-countries of the IDB.
The IDB Fund II is the largest private equity infrastructure fund dedicated to the 57member countries of the IDB, the bank said.
Discount is part of IDB Development Corporation Limited, the investment arm of IDB Holdings Corporation Ltd (TLV:IDBH), which is the parent of IDB Group.
On the occasion head of IDB's delegation Birama said that Pakistan is an important member country of the IDB and he assured the Finance Minister for Bank's support in the implementation of the plans and priorities set by the government of Prime Minister Mohammad Nawaz Sharif.
As such, the symbolism of the 40th annual meeting also underlines the reaching out of the IDB Group and through its core objectives that of the Islamic finance industry, to beyond its traditional markets in the MENA region and Southeast Asia.
Global Banking News-August 23, 2012--BoI classifies IDB loans as risky(C)2012 ENPublishing - http://www.
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