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...
The Development Bank approved a USD 40-million funding to support the project “Social Investment in Public Health - Chaco Province”, which aims at enhancing public-health services’ capacity, quality and sustainability. Consequently, the reference hospital Dr. J. C. Perrando and 17 other hospitals in...
The Executive Board of FONPLATA informed that the Development Bank made available to Argentina, Bolivia, Brazil, Paraguay, and Uruguay a support line of up to USD 1 billion in special financial conditions to mitigate the COVID-19 negative effects. This new support line is part of other actions taken...
The Development Bank approved a funding of almost US$47 million for the Urban Development and Mobility Project of Presidente Prudente, in the Brazilian State of Sao Paulo. The project aims at improving the quality of life of the municipality’s residents through macrodrainage and urban mobility works...
The Development Bank approved a new loan of US$45 million for the “Financial Assistance Program for Micro and Small Enterprises” led by the National Development Agency (ANDE), aiming at alleviating the impacts of the emergency caused by the COVID-19. This operation adds to the US$15-million loan...