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...
In the face of a global synchronous crisis due to the COVID-19 pandemic, countries around the world continue to work to contain the spread and growing impact of the virus. The deterioration of economic projections and its unparalleled impact underscore both the necessity of implementing a series of...
FONPLATA – Development Bank has granted a USD 36 million revolving loan facility with an eight-year repayment term to the Banco Nacional de Fomento (BNF, National Development Bank), an important government agency present nationwide. The loan will be used for funding small and medium enterprises that...