On February 6, FONPLATA's Board of Governors approved an increase in authorized capital from USD 3 billion to USD 6.5 billion. The authorities of Argentina, Bolivia, Brazil, Paraguay, and Uruguay confirmed their support for the Bank's growth so that it can continue to drive the region's development...
Moody's report, published on February 2, maintained FONPLATA's A2 credit rating with a stable outlook. The rating agency's decision is based on the Bank's high intrinsic financial strength, supported by strong capital adequacy, ample liquidity, and very strong asset performance, keeping a zero non...
In the report published on January 30, 2024, S&P confirmed FONPLATA's risk rating at A and lifted the outlook to stable. The report points out three aspects that motivated this decision. Firstly, the communication of the Minister of Economy of the Argentine Republic, Luis Caputo, informing of the...
In a ceremony attended by FONPLATA's Executive President, Luciana Botafogo, the President of the Development Bank of Minas Gerais (BDMG), Gabriel Viégas Neto, and the Governor of the Brazilian state of Minas Gerais, Romeu Zema, FONPLATA and BDMG signed a second non-sovereign risk operation for USD...
FONPLATA’s new Charter has been approved in all instances by the five member countries. January 27, 2024, marks the beginning of a promising time for the Institution, as on December 27, 2023, the Federative Republic of Brazil adopted the new text through Executive Order No. 11,866, and the 30-day...