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Caribbean Development Bank Flag

Jun 09, 2017


About the organization 

Caribbean Development Bank

The Caribank (CDB) is a regional financial institution which assists Caribbean nations in financing social and economic programs in its member countries. It was established by an Agreement signed on October 18, 1969, in Kingston, Jamaica, and entered into force on January 26, 1970. The Bank came into existence for the purpose of contributing to the harmonious economic growth and development of the member countries in the Caribbean and promoting economic cooperation and integration among them, having special and urgent regard to the needs of the less developed members of the region. The permanent headquarters of the bank is located at Wildey, St. Michael, Barbados. There are no other offices of the bank. The headquarters serves all of the regional borrowing member countries with staff recruited from its members.