The Barbados-based Caribbean Development Bank (CDB) on Thursday said it has launched a pioneering feasibility study to design a new Contingent Capital Facility for multilateral development banks (MDBs).
The CDB says the initiative is being undertaken in collaboration with the Multilateral Development Bank Challenge Fund.
The 12-month pilot project will examine innovative ways to strengthen capital adequacy, enhance lending capacity and improve CDB's financial resilience.
All feeds
