Juan E. Notaro Executive President of FONPLATA – Development Bank An old joke that is frequently recycled in the Latin American political environment is that of the ruler addressing his people and stating: “Yesterday we were on the edge of the abyss. Today we have taken a step forward!”...
The Development Bank will fund the “Support system to Community Infrastructure in Popular Neighborhoods during Social and Health Emergency”, which aims at strengthening infrastructure to develop social, family, and health-care assistance strategies for the most vulnerable people. The program, fully...
Rating agency Standard & Poor´s upgraded FONPLATA´s long term credit rating to ´A/A-1´ from ´A-/A-2´, given its stronger presence in Latin America and strengthened risk and operational capabilities, placing FONPLATA among the best in Latin America S&P said in a statement that FONPLATA has...
The 20th. Meeting of the Board of Governors was held on September 17 and chaired by Azucena Arbeleche, Governor for Uruguay. The Assembly took place online and was attended by the authorities representing all FONPLATA’s member countries: Leandro Gorgal, Undersecretary of International Financial...
Juan E. Notaro Executive President of FONPLATA – Development Bank One of the statements we heard most at the beginning of the pandemic was that “COVID does not affect young people”. Unfortunately, the virus’ Delta variant and the economic consequences of the health emergency have proven that such...