Corporate Responsibility Updated: 08 Sep 2018
BBVA and IDB strengthen their partnership in Latin America
The Inter-American Development Bank (IDB) and BBVA today announced they will expand their partnership to collaborate in various fields related to banking in Latin America.
![](https://www.bbva.com/wp-content/uploads/en/2016/05/bbva-colaboracion-acuerdos-1024x576-150x150.jpg)
BBVA Executive Chairman Francisco Gonzalez and IDB President Luis Alberto Moreno signed a memorandum of understanding that opens a new chapter in their institutions’ long-standing relationship. The agreement also includes the Inter-American Investment Corporation, part of the IDB Group.
![Firma MOU entre BBVA y BID Foto Firma MOU entre BBVA y BID](https://www.bbva.com/wp-content/uploads/en/2016/05/2016-05-26_FIRMA_005-150x150.jpg)
BBVA and the IDB are committed to continue working together in areas such as:
- Regulation: Follow-up of regulatory trends in the financial systems IDB’s Member Countries
- Innovation and technology: Collaboration in information-dissemination technology platforms, innovation in financial products with high social impact or technological content.
- Corporate Social Responsibility: Social impact investment and entrepreneurship, promotion of best practices, financial education, sustainability of financial intermediaries, promotion and development of micro financing activity.
- Business: Promotion of foreign trade financing and capital markets in Latin America.
- Project development: Co-financing of infrastructure projects, exploring direct and pass-through funding lines.