FONPLATA and the Central American Bank for Economic Integration (CABEI) signed an Exposure Exchange Agreement (EEA) on November 27 for an amount of up to US$ 468 million.

This is the first operation of its kind carried out by FONPLATA: a synthetic exposure exchange that reduces credit risk concentration and strengthens capital adequacy ratios, further reinforcing the Bank’s solid financial position. This achievement has been recognized by rating agencies and considered in FONPLATA’s recent upgrade by S&P Global Ratings from “A” to “A+”.

The agreement sets a new milestone, as it is the first EEA executed between two Multilateral Development Banks (MDBs) with credit ratings in the “AA” and “A” ranges. It also represents a new boost to South–South cooperation between both sub-regional MDBs and to the evolution of these types of instruments within the Multilateral Development Banking system. The transaction aligns with the recommendations of the G20 Capital Adequacy Framework, aimed at strengthening the financial soundness of MDBs and generating long-term value for their members. It also incorporates robust standards of governance, transparency, and financial discipline, reinforcing the confidence of investors and strategic partners.

FONPLATA’s Executive President, Luciana Botafogo, stated:
“This agreement highlights the importance and impact of cooperation among MDBs and reflects the Bank’s commitment to the prudent and efficient management of its balance sheet. Our ultimate goal is to continue supporting our Member Countries with more and better projects, and under the best possible financial conditions.”

11/28/2025