HIGHLIGHTS #1 OF CDB'S ACTIVITIES IN 2013: Dr. Wm Warren Smith - President
Channel: bajanreporter
Date: 08/03/2014

The Caribbean Development Bank (CDB) recorded a strong recovery in loan approvals and disbursements in 2013.  Sustained improvements in global growth and the strengthening of regional economic performance as well as improved efficiencies and strengthening of internal controls provided the backdrop for the turnaround in Bank operations during the year.

Loan approvals totaled United States dollars (USD)139 million (mn), up 34% from USD104 mn   in 2012. Similarly, total disbursements amounted to USD186 mn in 2013, some 60% above disbursements of USD116 mn in 2012. (cont'd) http://goo.gl/Javuzg