CDB intends to be the leading catalyst for development resources into the Region, working in an efficient, responsive and collaborative manner with our Borrowing Member Countries (BMCs) and other development partners, towards the systematic reduction of poverty in their countries through social and economic development.
The Bank will continue to work towards being more responsive to its clients, improving efficiency and strengthening its institutional capacity. In this regard a Strategic Plan has been prepared, which outlines the proposed medium-term strategic framework and direction for the Bank for the period 2015-2019. The plan can be downloaded here.
Functions of the Bank
Among other things, the function of the Bank is to assist the borrowing member countries to optimise the use of their resources, develop their economies and expand production and trade. More on Bank functions
The Caribbean Development Bank (CDB) has a Board of Governors, Board of Directors, a President, two Vice-Presidents and other officers and staff. More on Bank Organisation
Members of the CDB are either states and territories of the Caribbean region or
non-regional states, which are members of the United Nations or any of its specialised agencies or of the International Atomic Energy Agency. More on Member Countries
History of the Bank
The Caribbean Development Bank (CDB), is a regional financial institution which was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. More on CDB history