Development banks are trying to reach global commitments so that prosperity is no longer a mere promise. Juan E. Notaro FONPLATA Executive President There is a group of institutions in the world whose assets represent more than twice the amount of money needed to buy Apple, Microsoft, Alphabet...
On September 30, 2020, Standard & Poor’s kept the A- rating of FONPLATA making a positive outlook. This is a sign of the Bank's financial soundness and ability to meet the credit needs of its member countries in the current volatile and challenging environment. In recent report, the credit reporting...
This is the second delivery of medical supplies and equipment for the diagnosis and treatment of patients with the COVID-19 granted by the Development Bank to the government of the Bolivian department of Santa Cruz through a non-reimbursable technical cooperation. In July, the Development Bank...
In the face of a global synchronous crisis due to the COVID-19 pandemic, countries around the world continue to work to contain the spread and growing impact of the virus. The deterioration of economic projections and its unparalleled impact underscore both the necessity of implementing a series of...
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...