With the participation of representatives from all FONPLATA member countries, the first on-site event of 2022 was held at the Bank's headquarters in Bolivia. As is customary in every March, the participants reviewed the conditions for sovereign and non-sovereign risk lines of credit, approved the...
The Development Bank will extend a loan to Corporación Vial del Uruguay (CVU – Road Corporation of Uruguay), a corporation whose capital is held by Corporación Nacional para el Desarrollo (CND – National Corporation for Development). It has been a public works concessionaire in Uruguay since 2001...
On Monday, November 1, FONPLATA issued bonds for CHF 150 million (equivalent to USD 164 million) with a 7 year-term and a 0.795% coupon rate. This is the bank's second issuance in 2021 in the Swiss capital market and it stands out for the favorable conditions, both maturity date and coupon rate. The...
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 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...