ALIDE, the Latin American development banking community, celebrates its 51st anniversary
The association has focused its efforts in recent years on four strategic areas: technological disruption and digital transformation; sustainable development; social and environmental infrastructure; and financial inclusion.
January 25, 2019.- On Thursday, January 24, the Latin American Association of Development Financing Institutions (ALIDE) reached its 51st year of institutional existence, having been firmly established as the community of financial institutions that produces banking solutions for Latin American and Caribbean development.
In recent years, coinciding with trends that have arisen in the sector and the needs of the region’s countries, the association has been concentrating its efforts in four strategic areas: technological disruption and digital transformation; sustainable development; social and environmental infrastructure; and financial inclusion.
ALIDE, as an organization that represents the development banking system, was created at a meeting of Latin American financial institutions on January 24, 1968. It fulfills the responsibility of serving as a forum specialized in matters relating to institutional development and management, in addition to facilitating institutional cooperation and project and business promotion and encouraging exchanges among its member institutions and with other actors in the financial and governmental sectors.
In this connection and in continuing to promote more cooperation for development, ALIDE has been establishing links with allies that share interests that go beyond the Latin American region and that result in shared solutions to common problems. In addition, it promotes the adoption of better practices among its members in areas like environmental sustainability and mitigation of climate change.
Specifically speaking, ALIDE implements its Work Program, consisting of a variety of specialized services, such as the organization of international forums, preparation of economic studies, missions, consulting services, in-service trainings and courses, both in-person and online.
On another note, over its years of operation, ALIDE has been involved in the discussion of the region’s problems and matters of concern, as well as in the search for solutions and proposals for resolving them, and has put forward a variety of issues that marked the way for the discussion of finance and development.
In 2018, the association celebrated its first 50 years of institutional life at the service of Latin American and Caribbean development banking. During that celebration, ALIDE relaunched its corporate image and presented its new institutional logo and over that entire year took action on different fronts to identify and recognize the contribution of the development banking system to the Latin American region over that half century. Overall, these efforts aimed to reinforce the association’s regional and international positioning as a key venue for the sharing of knowledge, experiences and best practices.