Close to completing half a century of existence, on June 12, FONPLATA – Development Bank consolidates its position as an agile and significant institution for its member countries’ development agendas. Its 49th anniversary was celebrated in Florianopolis, Brazil, where the Executive Board of...
The event, chaired by the Governor of FONPLATA for Brazil, Renata Amaral, took place at the Development Bank’s headquarters in Santa Cruz de la Sierra, Bolivia. On April 10, the Board of Governors appointed Botafogo for the Executive Presidency of the Bank for a five-year term, expiring in 2028. She...
The Development Bank has successfully closed a private placement for JPY 7.2 billion (equivalent to USD 54 million). The issue, purchased by Japanese institutional investors, includes two tranches: a 5-year tranche (maturing in March 2028) and a 6.5-year tranche (maturing in October 2029). This is...
On April 10, the Board of Governors of FONPLATA — Development Bank appointed Luciana Botafogo as Executive President of the organization for a five-year term, starting on the date on which she takes office, scheduled for April 21. Succeeding the Uruguayan economist and engineer Juan Notaro, who held...
Representatives of all member countries of the Development Bank took part in the meeting, held in Santa Cruz de la Sierra, Bolivia, in which FONPLATA’s new Financial Policies and the financial terms and conditions for Non-Sovereign Risk Loans were approved. It was also agreed to increase the funding...