Third agreement between the two organizations within the ICO International Channel Line; Funding will be earmarked for sustainable projects, such as water and sanitation, renewable energy and industrial decarbonization. Fortaleza (Brazil), May 16, 2024 — The Instituto de Crédito Oficial (ICO –...
On April 4, FONPLATA's Executive Board of Directors, during its meeting in Maceió, Brazil, approved a loan to strengthen the Food Security Program implemented by the Argentine government, which aims at assisting socially vulnerable families. The funding will facilitate access to a basic food basket...
FONPLATA’s Executive Board of Directors held its 193rd meeting in Maceio, Brazil, on Thursday, April 4, with the participation of representatives of all member countries. The Board approved loans for Brazil, Argentina, and Bolivia, totaling USD 343.2 million. The first loan of USD 43.2 million was...
FONPLATA’s new Charter has been approved in all instances by the five member countries. January 27, 2024, marks the beginning of a promising time for the Institution, as on December 27, 2023, the Federative Republic of Brazil adopted the new text through Executive Order No. 11,866, and the 30-day...
Argentina’s Minister of Economy, Luis Caputo, announced that the country will maintain its membership in FONPLATA – Development Bank, whose aim is to strengthen the integration of its member countries to achieve harmonious and inclusive growth through credit operations and non-reimbursable resources...