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International Finance Institutions

International Finance Corporation

The IFC is an international finance institution part of the World Bank Group that offers investment, advisory and asset management services to ecourage private sector development in less developed countries. Its purpose is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise. It was established in 1956, it has 184 member states and it current president is Philippe Le Houérou

Banco Latinoamericano de Exportaciones e Importaciones (BLADEX)

The BLADEX serves to the Latin American market attending to the capitalization needs of other banks in the Region, as well as providing financing to large and medium-sized corporations to support their business operations. It was established in 1979 and its president is Gabriel Tolchinsky

Member States: Argentina Barbados Bolivia Brazil Chile Colombia Costa Rica Ecuador El Salvador Guatemala Haití Honduras Jamaica Mexico Nicaragua Panama Paraguay Peru Dominican Republic Suriname Trinidad and Tobago Uruguay Venezuela

Export Import Bank of the US (Eximbank)

Eximbank is the official export credit agency of the US federal government. The Eximbank provides loans, guarantee and insurance products intended to aid the export of American goods and services, it also creates and sustain jobs by financing sales of American exports to international buyers. Its was established in 1934 and its actual chairman and president is Charles Hall.

World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises 2 smaller institutions: the IBRD and the IDA. Its most recent objective is the reduction of poverty. Its current president is David Malpass and it has 189 member states

International Monetary Fund (IMF)

The IMF is an international institution that foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth and reducing poverty around the world using the World Bank resources for financing. It was established in 1945 and its actual director is Christine Lagarde. Actually, 189 countries are part of the IMF

Fondo Latinoamericano de Reservas (FLAR)

The FLAR is an international financial institution that forms part of the Andean System of Integration and its purpose is to help the trade balance of its member states with finance, help to coordinate economic policies and to provide administration services to the foreign currencies of its member states. It was established in 1978 and its current president is José Darío Uribe, it has 8 member states

Member States: Bolivia Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela

Development Bank of Latin America (CAF)

The CAF is a development bank that stimulates sustainable development and regional integration by financing projects in the public and private sectors in Latin America and providing technical cooperation and specialized services, it was established in 1968 and its actual president is Luis Carranza and it has 19 member states

Member States: Argentina Barbados Bolivia Brazil Chile Colombia Costa Rica Dominican Republic Ecuador Jamaica Mexico Panama Paraguay Peru Portugal Spain Trinidad and Tobago Uruguay Venezuela

Inter-American Development Bank (IDB)

The IDB is an financial institution that finances development projects in Latin America and the Caribbean, it was established in 1959 and it supports economic, social and regional development by financing goverments and government agencies. Its actual president is Luis Alberto Moreno and it has 26 countries that receive financing and 22 countries that give finance

Non Borrowing Countries: Austria Belgium Canada China Croatia Denmark Finland France Germany Israel Italy Japan Korea Netherlands Norway Portugal Slovenia Spain Sweden Switzerland United Kingdom United States

Borrowing Countries: Argentina Bahamas Barbados Belize Bolivia Brazil Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Guyana Haití Honduras Jamaica Mexico Nicaragua Panama Paraguay Peru Suriname Trinidad and Tobago Uruguay Venezuela