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Caribbean Development Bank

Financial Services
+1 246-431-1824
South District, Saint George, Barbados, South District, Saint George
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About Caribbean Development Bank

The Caribbean Development Bank (CDB) is a multilateral financial institution dedicated to supporting the economic growth and development of Caribbean nations. Here are key points about the CDB: ## Overview - Mission: The CDB aims to reduce poverty and transform lives through sustainable, resilient, and inclusive development[3]. - Functions: It assists borrowing member countries by optimizing resource use, developing economies, promoting private and public investment, mobilizing financial resources, and providing technical assistance[1][3]. ## Structure and Membership - Headquarters: Located in Barbados[5]. - Membership: The CDB has 28 member countries, including 19 regional borrowing members, four regional non-borrowing members, and five non-regional, non-borrowing members[5]. - Shareholders: Approximately 55% of the bank's shareholder equity is owned by its borrowing members, with the rest held by non-regional countries like Canada, the U.K., and China[5]. ## Activities and Projects - Focus Areas: The bank focuses on projects related to food safety, agriculture, infrastructure development, education, and supporting small businesses[5]. - Climate Change Initiatives: It also emphasizes climate change and disaster prevention efforts due to the region's vulnerability to natural disasters[5]. ## Contact Information - Main Office: P.O. Box 408, Wildey, St. Michael, Barbados[2]. - Haiti Office: 115, Rue Panamericaine, Royal Oasis Hotel - Suites 1-2, Petion-Ville, Haiti[2].

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