The Development Bank has approved a USD 28 million funding for the “Program to support the call for projects for harmonious development with territorial balance”, which aims at strengthening initiatives focused on demographic and productive decentralization nationwide in Argentina. The program is...
On February 3, Wednesday, FONPLATA – Development Bank has successfully issued bonds in the Swiss capital market for CHF 200 million (about USD 223 million), with a 5-and-a-half-year term and a 0.556% coupon rate. The trust in the mission of the bank and its financial soundness were reflected in the...
The assessment of a different year and the challenges for the next. Juan E. Notaro Executive President of FONPLATA – Development Bank I am writing this article a few hours after the last meeting of the year of the Executive Board of FONPLATA – Development Bank, in which we usually review the...
Juan E. Notaro Executive President of FONPLATA – Development Bank What does it take for 450 public development banks from around the world to establish a global alliance? One could say: a pandemic, a looming world-economic crisis, and the already impossible to ignore impact of climate change...
On September 30, 2020, Standard & Poor’s kept the A- rating of FONPLATA making a positive outlook. This is a sign of the Bank's financial soundness and ability to meet the credit needs of its member countries in the current volatile and challenging environment. In recent report, the credit reporting...