Caribbean Development Bank
From Wikipedia, the free encyclopedia
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 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."
At the end of 2000, the bank had shareholders' equity of US$426 million.
[edit] Members
The regional members are Anguilla, Antigua and Barbuda, The Bahamas, Barbados, Belize, British Virgin Islands, Cayman Islands, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Trinidad and Tobago and Turks and Caicos Islands.
The Non-regional members are Colombia, Mexico and Venezuela.
Other members are Canada, China, Germany, Italy and the United Kingdom.
[edit] External link
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