The Executive Chairman of the Development Bank; Juan Notaro, stressed that advances FONPLATA in recent years are an opportunity to complement joint institutional efforts in implementing the financing instruments available in the region. Within the framework of the LV Meeting of the Council of the...
FONPLATA signed a Headquarters Agreement with Argentina. The Development Bank has liaison office in Argentina since 2017 and this agreement expands its capacity for institutional- judicial level in that member country. By signing the Headquarters Agreement, the Republic of Argentina accepts the...
The development back will finance the construction and paving of over 220 km of roadway between the Paraguayan departments of Amambay and Canindeyu, after the approval which was issued at the Board of Directors meeting which is carried out of 26 November in Montevideo Uruguay. The new route will...
FONPLATA achievements led Moody's to confirm in November 22th 2019 the rating of A2 with stable outlook. The rating agency highlighted the bank`s “strong and growing balance sheet” as well as its asset management strategy that “limits liquidity risks”. Stands out also the continuous member countries...
The development back approved the project which will improve the quality of life for the population of Tubarao, which is a town in the state of Santa Catarina. These works will allow to strengthen the roadway connection and also to adapt the drainage system in order to mitigate flooding. Also, a new...