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...
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...
This week, Conrad Albrecht, Managing Director of the Directorate of Sustainability of the Eurasian Development Bank (EDB), visited FONPLATA's headquarters in Santa Cruz de la Sierra, Bolivia. This took place within the framework of the previous approaches that initiated in Almaty, Kazakhstan, in...
Standard & Poor's report points out the high capitalization and liquidity levels as the basis for the rating and highlights the Bank's efforts in recent years to diversify funding and improve its operational and risk management capabilities. It also points out FONPLATA's stronger presence in the...