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...
The Development Bank has approved support the “Project: Works for improving and paving the PY-15 road section “Mariscal Estigarribia–Pozo Hondo and the access to Mariscal Estigarribia in the Department of Boquerón in the Republic of Paraguay”. The financing is for more than USD 354 million and will...
The Development Bank has approved a USD 15 million funding for the “Project of Social Investment on State Education, Science and Technology”, which aims at improving the quality and the infrastructure of the education system in the Province. This will enable the construction, maintenance, and...
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...