IDB Updates Financial Risk Management Policy

The Inter-American Development Bank approved a new policy that aims to improve the bank’s capacity to manage and mitigate financial risks to its capital. The policy will guide the bank’s decision on maintaining lending during crisis without significantly hurting its capital. The bank hopes to reinforce its AAA credit rating with the new policy.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.