The Development Bank has approved funding for more than USD 50 million for the “Urban Infrastructure and Sanitation Program for the Municipality of Blumenau/SC”, State of Santa Catarina, Brazil, aiming at improving the quality of life of the population through investments in sustainable urban...
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...
Juan E. Notaro Executive President of FONPLATA – Development Bank As it has already happened with energy and transport, sustainable finance is also proving to be profitable A few years ago, it was almost an oxymoron to talk about green investments. It was fine to take care of the planet, but it was...