On Thursday, November 23, FONPLATA approved a USD-10-million loan to BADESUL, development agency of the state Rio Grande do Sul, Brazil, with a 5-year term, under the non-sovereign risk line. The purpose of the loan is to promote regional development through financing productive sectors, urban...
The 191st Meeting of FONPLATA’s Board of Directors was held on Thursday, November 23, with the participation of representatives of all member countries. A USD-10-million loan to BADESUL, development agency of the state of Rio Grande do Sul (Brazil), was approved under the non-sovereign risk line, to...
On Wednesday, November 8, the Executive President of FONPLATA, Luciana Botafogo, Minister Azucena Arbeleche, of the Uruguayan Ministry of Economy and Finance (MEF), the President of Corporación Nacional para el Desarrollo (CND) and Corporación Vial del Uruguay (CVU), José Luis Puig, and the Vice...
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...
With the participation of representatives from all FONPLATA's member countries, on Monday, October 23, the 190th Meeting of the Executive Board of Directors was held virtually. During the session, various institutional issues were discussed and the financing of the construction and paving of the...