During the meeting of the Board of Directors, the authorities of FONPLATA, together with the Mayor of Maldonado, Enrique Antía, and the Director of the OSE-UGD (Decentralized Management Unit of the State Sanitary Works), Jesús Bentancur, visited different localities of the department of Maldonado...
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...