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 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...
The Development Bank approved more than USD 30 million funding to support the “Integrated Program for Sanitation and Water Resources in Indaiatuba/SP – Jundiaí River Clean”, of that municipality of the Brazilian State of São Paulo. The general purpose of the program is to contribute to improve the...
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...
El Banco de Desarrollo aprobó el financiamiento por 5 millones de dólares para el “Programa de Apoyo Integral para la Institucionalización del Diálogo y la Participación Ciudadana” en ese país miembro. La operación implica el apoyo para el fortalecimiento y operatoria del Consejo Económico y Social...