The IDB's Beyondbanking Award recognizes outstanding contributions from financial intermediaries and their sustainable banking services in Latin America and the Caribbean.
The IDB received more than 145 nominations for the beyondBanking awards this year. Applications were examined by a committee of experts who evaluated the nominations based on their innovative characteristics and social, environmental and/or corporate governance benefits, among other criteria. The committee selected three finalists in each category. The winners were decided by an online voting process open to the public, in which more than 17,000 votes were received from across the region.
On March 15th, the winners were announced. Among them are institutions from Bolivia, Brazil, Guatemala, Mexico and Paraguay. Sitawi was recognized as the best initiative in the category of socially responsible investment in Latin America.
IDB news link:
http://www.iadb.org/pt/news/press-releases/2012-03-15/premios-b eyondbanking-2012-para-banking-services,9870.html