December 10, 2017 7:53 PM ET


Company Overview of Caribbean Development Bank

Company Overview

Caribbean Development Bank operates as a multilateral financial institution. It provides project loans and technical assistance to governments, public agencies, and other entities in borrowing member countries (BMCs). The company engages in assisting the BMCs to optimize the use of their resources, develop their economies, and expand production and trade; promoting private and public investment, encouraging the development of the financial upturn in the region, and facilitating business activity and expansion; and mobilizing financial resources from within and outside the region for development. It also provides technical assistance to its regional borrowing members; supports regional and lo...

PO Box 408


Saint Michael,  11000


Founded in 1969





Key Executives for Caribbean Development Bank

Director of Finance & Corporate Planning Department
Vice-President of Operations
Head of Renewable Energy & Energy Efficiency Unit
Head of Infrastructure Partnerships
Compensation as of Fiscal Year 2017.

Caribbean Development Bank Key Developments

Caribbean Development Bank Presents at 9th Caribbean Renewable Energy Forum, Oct-18-2017 through Oct-20-2017

Caribbean Development Bank Presents at 9th Caribbean Renewable Energy Forum, Oct-18-2017 through Oct-20-2017. Venue: JW Marriott Marquis, 255 Biscayne Blvd Way, Miami, Florida, United States. Presentation Date & Speakers: Oct-18-2017, Tessa Williams-Robertson, Head of Renewable Energy & Energy Efficiency Unit. Oct-20-2017, Tessa Williams-Robertson, Head of Renewable Energy & Energy Efficiency Unit.

CDB Signs Cooperation Agreement with the UNDP

The Caribbean Development Bank and the United Nations Development Programme have signed an agreement that provides a framework to improve cooperation between the two entities. The signing took place at the Bank's headquarters in Barbados on June 15, 2017. The agreement allows CDB to utilize expertise from UNDP in the execution of specific projects, which the Bank is funding, so that the most effective outcomes for the Bank's 19 borrowing member countries are achieved. Under the agreement, UNDP may be called upon to execute projects financed by CDB to reduce poverty and to gain access to energy, water and sanitation services and improvement of social infrastructure services, where external support is needed. There is also expected to be an exchange of knowledge and information relating to the achievement of the SDGs.

The Caribbean Development Bank and Inter-American Development Bank Sign Agreement to Strengthen Partnership

The Caribbean Development Bank and the Inter-American Development Bank signed a memorandum of understanding to strengthen their ongoing partnership in addressing the Caribbeans development priorities. Through the MOU, signed at the IDBs headquarters in Washington, D.C. on February 21, 2017, both institutions have renewed their commitment to collaborating on programmes and projects that contribute to sustainable economic development in the region. The agreement formalizes their cooperation in CDB borrowing member countries that are also members of the IDB, and countries in the Organisation of Eastern Caribbean States. Through a unique charter provision, IDB resources are channelled to OECS countries that are not members of the Washington-based Bank, through CDB. The MOU embodies the common vision for the sustainable development of the Caribbean that IDB and CDB share.

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