UNIFIER Enrique Garcia

Jul 1, 2003

The Andean Development Corp., which Enrique García has run since 1991, is a remarkable institution. It is a development bank with a coveted investment grade rating, even though it is majority-owned by five poorly rated Andean governments, which are also its principal clients. Although CAF, as it is known by its Spanish acronym, has almost $7 billion in loans outstanding to these countries, it has never suffered a sovereign default in its 37-year history. It lends more money to the Andean region - the most turbulent in Latin America - than any other international agency. It is García's achievement to have transformed CAF into a leading lender in the Andean region, in...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?