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 –...
As part of a visit to review the existing cooperation lines between IDB and FONPLATA, a delegation of the first came on April 16 and 17 to the headquarters in Santa Cruz de la Sierra, Bolivia. FONPLATA's Executive President, Luciana Botafogo, and the IDB's Head of Operations in Argentina, Denise...
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...
On Thursday, December 7, during the MERCOSUR Summit, the “Routes for Integration” initiative was announced by four development banks – the Brazilian National Bank for Economic and Social Development (BNDES), the Development Bank of Latin America and the Caribbean (CAF), the Inter-American...
Standard & Poor's report points out the high capitalization and liquidity levels as the basis for the rating and highlights the Bank's efforts in recent years to diversify funding and improve its operational and risk management capabilities. It also points out FONPLATA's stronger presence in the...