Juan E. Notaro Executive President of FONPLATA – Development Bank After more than two decades working in international organizations, I must say that despite the efforts towards the integration of Latin America, most people in the region still refer to it as a dream, a desire, a utopia. In fact, if...
Juan E. Notaro Executive President of FONPLATA – Development Bank The main role of development banks is to fund programs and projects that may not be convenient or profitable for commercial banks. Development, in the broad sense, is everything that contributes to improve people’s well-being and...
The Development Bank approved more than USD 11 million funding for the project "Speed Up Palhoça: Urban Infrastructure of the Southern Region and Frei Damião" of this tourist town in the Brazilian State of Santa Catarina. The purpose of the investment is to improve the quality of life of its...
Within the framework of Argentina's National Connectivity Plan, the Board of Directors of FONPLATA – Development Bank approved funding for a program that will help reduce the digital gap in the country. By improving digital connectivity in urban centers of low population density in the Province of...
The Development Bank approved a USD 16 million funding for the “Urban Development and Mobility Program of Sorocaba”, in the Brazilian State of São Paulo, to carry out road and drainage works, aiming at reducing the impact of floods and carbon emissions. This operation is part of a cofinancing...