FONPLATA and KFAED (Kuwait Fund for Arab Economic Development) will work together to support their member countries in different areas, especially in relation to climate change and food security. The purpose of this agreement is to establish a framework for cooperation between both institutions to...
This week, a delegation from FONPLATA is participating in the Annual Meetings of the World Bank, an event that brings together world leaders, civil society, the private sector, and academia to discuss the challenges faced by global development. Aiming at generating greater alliances linked to...
The signing of the loan agreement for the Drinking Water and Sanitation Program in the department of Maldonado, funded by FONPLATA, took place on Tuesday, October 8, in Montevideo, Uruguay. Boosted by tourism, the construction sector, and the growth of services, the department of Maldonado, located...
On Friday, October 4, María Elena Araneo, Argentina’s Country Coordinator for FONPLATA — Development Bank, took part in the 10th Meeting on Productive Development and Competitiveness, held in Rosario, Argentina. Araneo participated in the panel “National and International Financing for...
On Thursday, October 3rd, 2024, FONPLATA successfully placed a new 5-year bond issuance in the Swiss market for an amount of CHF 130 million (about USD 153 million), as part of its funding program for the current year. The bond matures in October 2029 and offers an annual coupon of 2.0725%. This is...