By Stabroek News
Copyright stabroeknews
The Caribbean Development Bank (CDB) says it is pleased to have been a part of a first-ever Multilateral Development Banks (MDBs) Comparison Report 2025, a landmark publication the CDB said that reaffirmed the financial resilience, innovation, and global development impact of MDBs.In a release to the press, the CDB said the publication was jointly produced by 15 leading MDBs and coordinated by the Council of Europe Development Bank (CEB).
The CDB said the report delivered an unprecedented, transparent assessment of MDBs’ financial health – including capital adequacy, liquidity, leverage, credit ratings, and risk management.
The initiative also directly responded to the G20’s call for greater comparability and accountability across the multilateral system.The release, cited by the CDB, said the findings underscored CDB’s strong alignment with top-tier MDBs in capital strength, risk resilience, and financial innovation.
They also highlighted the Bank’s proactive management of financial shocks and unwavering support for stability and sustainable growth in its Borrowing Member Countries. “The metrics augur well for CDB, our financial strength, and our ability to deliver for our Borrowing Members Countries,” said Daniel Best, CDB’s President.
“We are proud to contribute to this global initiative, which enhances transparency and showcases our collective strength of MDBs as a system.”According to the report, MDBs have successfully transformed over US$150 billion in paid-in capital into more than US$1.4 trillion in development assets, maximising shareholder contributions through efficient use of capital markets.
This financial strength underpins MDBs’ ability to provide stable, low-cost financing to clients worldwide – even in challenging economic environments.The report highlighted the sector’s global reach and regional impact, enabled by MDBs’ diverse mandates and collaborative spirit.
Innovative tools – such as Exposure Exchange Agreements and shareholder-backed guarantees – are freeing up capital, reducing risk, and expanding MDBs’ capacity to deliver transformative development solutions. Best added, “At CDB, we are committed to innovate, transform and thrive.
From our recent Exposure Exchange Agreement to ongoing engagement with our shareholders and global partners, we continue to design instruments that boost lending capacity while safeguarding resilience.” The 2025 MDBs Comparison Report marked a milestone in international financial cooperation, providing investors, credit rating agencies, member governments, and other stakeholders with a harmonised view of MDBs’ financial performance and development value.
It also supported broader reforms to modernise capital adequacy frameworks and strengthen the effectiveness of the global multilateral finance system.CDB said that the Bank reaffirmed its commitment to resilience, and excellence and transparency, by ensuring that Caribbean people continue to benefit from sustainable, high-impact investments.
