FONPLATA – Development Bank has granted a USD 36 million revolving loan facility with an eight-year repayment term to the Banco Nacional de Fomento (BNF, National Development Bank), an important government agency present nationwide. The loan will be used for funding small and medium enterprises that...
The Development Bank approved a USD 40-million funding to support the project “Social Investment in Public Health - Chaco Province”, which aims at enhancing public-health services’ capacity, quality and sustainability. Consequently, the reference hospital Dr. J. C. Perrando and 17 other hospitals in...
The Executive Board of FONPLATA informed that the Development Bank made available to Argentina, Bolivia, Brazil, Paraguay, and Uruguay a support line of up to USD 1 billion in special financial conditions to mitigate the COVID-19 negative effects. This new support line is part of other actions taken...
Non-reimbursable technical cooperation, granted by the Development Bank, provides cutting-edge technology radio equipment to strengthen the provincial emergency communication system. A virtual ceremony was held to formally deliver the equipment. It is important to highlight that the above-mentioned...
Juan E. Notaro FONPLATA Executive President Actions taken to overcome the negative economic effects of the COVID-19 should avoid the return to commodity dependence The governments of Latin America maintain their action to slowdown the spread of the COVID-19 in the region. While health-care...