The 208th Regular Meeting of FONPLATA’s Executive Board of Directors, held on April 29, addressed several strategic matters related to the Bank’s institutional strengthening and the expansion of its operations.

The directors approved two credit operations for Brazil’s non-sovereign sector totaling USD 85 million, reaffirming the Bank’s strategy to diversify its portfolio and expand support for initiatives that promote subnational development and private-sector activity.

A central item on the agenda was the new Procurement Policy for Operations Financed by FONPLATA—an essential instrument for supporting the Bank’s operational growth. The discussion focused on updating existing guidelines to meet current needs and consolidating a legal framework that promotes more streamlined, clear, and efficient procurement processes, while upholding the principles of transparency, competition, integrity, and responsible resource management.

The directors also emphasized the strategic role of procurement in effective project implementation and the importance of legal frameworks that facilitate the work of executing agencies, contributing to timely and high-quality execution.

Other institutional matters were addressed, including the expansion of authorized borrowing. The Executive Board received updates on the Bank’s risk management, key issues related to the growth of its operations, financial strength, and management capacity.

Overall, the meeting reflected an active governance style committed to strengthening the institutional frameworks that support this new phase of growth, consolidating FONPLATA as a bank prepared to expand its impact across the region.

04/30/2026