This document presents a synthesis of the main findings and lessons learned from evaluations completed in 2025 and published in early 2026, as well as from Project Completion Validation Reviews (PCVRs) conducted between 2023 and 2025. Together, these sources provide a consolidated view of the evidence emerging from the Caribbean Development Bank's recent evaluation portfolio.The evaluations and PCVRs offer important insights into what is working well, where challenges persist, and what lessons can be drawn to strengthen future programming. They provide evidence for the Bank, its Borrowing Member Countries (BMCs), and the Board of Directors to inform decision-making, enhance development effectiveness, and strengthen the design and implementation of future interventions.
CDB’s Work Through Development Finance Institutions and Other Financial Intermediaries 2012-2019
Financial Services
Evaluation Report
Corporate
Complete
CDB
Management Response
Yes
Summary
The Caribbean Development Bank (CDB) has been working with Development Finance Institutions (DFIs)1 and Financial Institutions (FIs) in the Region for more than 40 years. It supports the provision of affordable financial products and services to businesses and individuals to advance sustainable socioeconomic development and poverty reduction. Loans to financial intermediaries are in the form of a line of credit, with on-lending to a diverse client base in the productive sector, and for mortgages and student loans.The evaluation aimed to assess CDB’s work through financial intermediaries over the period 2012-19, and to draw lessons for strategic and operational improvement. The intended audience for this report is the Bank’s Private