Juan E. Notaro Executive President of FONPLATA – Development Bank One of the statements we heard most at the beginning of the pandemic was that “COVID does not affect young people”. Unfortunately, the virus’ Delta variant and the economic consequences of the health emergency have proven that such...
While the world moves forward (at different paces) in vaccination strategies and the countries start making post-pandemic plans, a new strong debate is emerging on how to adjust to the changes imposed by the health emergency. First, it has been proven that many companies and organizations were able...
The Development Bank approved a USD 5 million-funding to the “Project for the strengthening and regional consolidation of the Bicentenary History and Cultural Centers”, to support these centers of cultural and social inclusion aiming at the development of local cultural identities and the promotion...
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...