FONPLATA is part of the “Routes for Integration” initiative
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...
FONPLATA works on a new operation in Uruguay
During the meeting of the Board of Directors, the authorities of FONPLATA, together with the Mayor of Maldonado, Enrique Antía, and the Director of the OSE-UGD (Decentralized Management Unit of the State Sanitary Works), Jesús Bentancur, visited different localities of the department of Maldonado...
FONPLATA grants a USD-10-million line of credit to BADESUL
On Thursday, November 23, FONPLATA approved a USD-10-million loan to BADESUL, development agency of the state Rio Grande do Sul, Brazil, with a 5-year term, under the non-sovereign risk line. The purpose of the loan is to promote regional development through financing productive sectors, urban...
Meeting of FONPLATA’s Executive Board was held in Montevideo
The 191st Meeting of FONPLATA’s Board of Directors was held on Thursday, November 23, with the participation of representatives of all member countries. A USD-10-million loan to BADESUL, development agency of the state of Rio Grande do Sul (Brazil), was approved under the non-sovereign risk line, to...
FONPLATA signed a loan agreement with the Uruguayan MEF and CND for the Bank’s largest operation in the country
On Wednesday, November 8, the Executive President of FONPLATA, Luciana Botafogo, Minister Azucena Arbeleche, of the Uruguayan Ministry of Economy and Finance (MEF), the President of Corporación Nacional para el Desarrollo (CND) and Corporación Vial del Uruguay (CVU), José Luis Puig, and the Vice...