To continue supporting the economic recovery process following the COVID-19 pandemic, FONPLATA – Development Bank signed a new loan agreement with Uruguay to support micro, small, and medium enterprises, one of the sectors that suffered most the effects of the crisis caused by the coronavirus. The...
Juan E. Notaro Executive President of FONPLATA – Development Bank The main role of development banks is to fund programs and projects that may not be convenient or profitable for commercial banks. Development, in the broad sense, is everything that contributes to improve people’s well-being and...
Juan E. Notaro Executive President of FONPLATA – Development Bank Due to its own nature, the climate affects our life in every respect. Likewise, climate change and its consequences are changing habits, landscapes, and attitudes in the whole planet. The finance world, especially finance for...
Juan E. Notaro FONPLATA Executive President To provide safe drinking water to the world population is not an easy task, but we are accomplishing it. Considering the current growth trends, in 2030 the world population will reach 8.6 billion. One of the goals of the United Nations for that year is...
On February 3, Wednesday, FONPLATA – Development Bank has successfully issued bonds in the Swiss capital market for CHF 200 million (about USD 223 million), with a 5-and-a-half-year term and a 0.556% coupon rate. The trust in the mission of the bank and its financial soundness were reflected in the...