The Executive Board of FONPLATA informed that the Development Bank made available to Argentina, Bolivia, Brazil, Paraguay, and Uruguay a support line of up to USD 1 billion in special financial conditions to mitigate the COVID-19 negative effects. This new support line is part of other actions taken...
The Inter-American Development Bank (IDB), CAF – development bank of Latin America –, and FONPLATA – Development Bank – announced the launching of their Alliance for the Integration and Development of Latin America and the Caribbean (ILAT) to provide technical and financial support to integration...
The Development Bank approved a new loan of US$45 million for the “Financial Assistance Program for Micro and Small Enterprises” led by the National Development Agency (ANDE), aiming at alleviating the impacts of the emergency caused by the COVID-19. This operation adds to the US$15-million loan...
In times when joint efforts are needed to contain the effects of the COVID-19, FONPLATA received US$130 million from the reserves of the Central Bank of Uruguay (BCU) to support the development bank's response to the impact of the coronavirus. Recently, FONPLATA set up a COVID-19 Emergency Line to...
The Development Bank granted Uruguay US$200 thousand to purchase medical supplies to address the situation caused by the COVID-19. In the face of the health emergency, FONPLATA made available to Uruguay, as well as to the other member countries, different lines of economic support to reinforce the...