On February 3, Wednesday, FONPLATA – Development Bank has successfully issued bonds in the Swiss capital market for CHF 200 million (about USD 223 million), with a 5-and-a-half-year term and a 0.556% coupon rate. The trust in the mission of the bank and its financial soundness were reflected in the...
This initiative was launched in 2015 in the sidelines of COP21, it gathers public and private financial institutions around the globe and aims to provide a pathway to systematically integrate climate change considerations across their strategies, programs, and operations. As a platform, the...
The assessment of a different year and the challenges for the next. Juan E. Notaro Executive President of FONPLATA – Development Bank I am writing this article a few hours after the last meeting of the year of the Executive Board of FONPLATA – Development Bank, in which we usually review the...
On December 9, Moody´s informed that it maintains FONPLATA’s credit rating in A2 with “Stable Prospects” Thus, the Credit Rating Agency recognizes the Development Bank’s creditworthiness, its high liquidity position, and the good performance of its loan portfolio. Additionally, it highlights the...
Juan E. Notaro Executive President of FONPLATA – Development Bank What does it take for 450 public development banks from around the world to establish a global alliance? One could say: a pandemic, a looming world-economic crisis, and the already impossible to ignore impact of climate change...