ALIDE publishes book of Good development banking practices

December 27, 2018.- ALIDE’s latest publication, entitled “Innovación Financiera para el Desarrollo Local y Territorial” (Financial innovation for local and territorial development) compiles and gives an in-depth description of the development finance institution programs that won the ALIDE 2018 Prizes because of their coverage, innovation and contribution to the development of their respective countries.

It is a recognized fact that ALIDE prize-winning projects are initiatives that are capable of being replicated in other countries of the region. In this sense, this book comprises a useful instrument for transmitting specialized know-how on good development banking practices.

This edition covers the following four programs: “Fideicomiso Público de Contratación (FPC)” (Public contractual trust fund) of Mexico’s Banco Nacional de Obras y Servicios Públicos, S.N.C. (Banobras); “Programa Desenvolvimento Territorial (Prodeter)” (Land development program) , of Banco do Nordeste do Brasil S.A (BNB); “Fortalecimiento de la Economía Local y Crecimiento Bajo en Carbono” (Strengthening of the local economy and low carbon growth) of Colombia’s Instituto para el Desarrollo de Antioquia (IDEA); and “ Fund”, of German Kreditanstalt Für Wiederaufbau (KFW).

ALIDE is the community of financial institutions that generates banking solutions for the development of Latin America and the Caribbean. The activities that it promotes and carries out seek the cohesion and strengthening of the action and participation of financial institutions in the economic and social development process in the region. ALIDE encourages regional integration and financial cooperation with other regions of the world to achieve the mobilization of resources and technology for the development of Latin America and the Caribbean.