FONPLATA's Executive President, Luciana Botafogo, and the Country Coordinator in Uruguay, Carolina Vera, met with MERCOSUR ambassadors to discuss the next steps for the signing of two agreements between FONPLATA and MERCOSUR related to the Structural Convergence Fund of MERCOSUR (FOCEM) in the...
On February 5, Executive President Luciana Botafogo received a delegation from the European Investment Bank (EIB) at the FONPLATA's headquarters in Santa Cruz de la Sierra, Bolivia. The delegation was made up by Ms. Kristin Lang, Head of Division – Public Sector – Latin America and Caribbean, and Ms...
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...
Moody's report, published on February 2, maintained FONPLATA's A2 credit rating with a stable outlook. The rating agency's decision is based on the Bank's high intrinsic financial strength, supported by strong capital adequacy, ample liquidity, and very strong asset performance, keeping a zero non...
In the report published on January 30, 2024, S&P confirmed FONPLATA's risk rating at A and lifted the outlook to stable. The report points out three aspects that motivated this decision. Firstly, the communication of the Minister of Economy of the Argentine Republic, Luis Caputo, informing of the...