On February 6, FONPLATA's Board of Governors approved an increase in authorized capital from USD 3 billion to USD 6.5 billion.

The authorities of Argentina, Bolivia, Brazil, Paraguay, and Uruguay confirmed their support for the Bank's growth so that it can continue to drive the region's development. This is the first step to enable the future subscription and payment in full of capital by member countries and the incorporation of new partners.

The decision strengthens the Bank's value proposition, initiating a new cycle of support for the countries’ development and making growth compatible with FONPLATA's creditworthiness.

This increase in authorized capital takes place within the framework of the celebration of the Bank's 50th anniversary and the entry into force of the new Articles of Agreement, at an historic moment in which all member countries of this institution are also part of MERCOSUR.

02/07/2024