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...
The ad-interim Executive President of FONPLATA, Luciana Botafogo, and the Director of KfW Bank for Latin America, Claudia Arce, signed in Santa Cruz de la Sierra — Bolivia a loan agreement for up to 37 million euros for financial cooperation from this state bank of the Federal Republic of Germany...
On December 15, Argentina assumed the presidency of the Bank's highest governance body during the 22 nd Meeting of the Board of Governors of FONPLATA. The meeting was held virtually and was attended by the Governors accredited by the member countries. The authorities highlighted the work of the...