The Inter-American Development Bank (IDB or IADB) is an
international development finance institution headquartered in Washington,
D.C., United States. It serves as one of the leading sources of development
financing for the countries of Latin America and the Caribbean. Established in
1959, the IDB supports Latin American and Caribbean economic, social, and
institutional development and regional integration by lending to governments
and sub-national agencies, developing new financial tools, creating enabling
conditions for private-sector-led growth, convening and aligning countries
around common interests, and bridging the region with the rest of the world.