It has been a busy year for CAF. The multilateral —
which last year rebranded as the Development Bank of Latin
America, to reflect its pan-regional ownership and scope
— has worked hard to deepen its global links; it has
sold bonds in a range of international jurisdictions; it has
seen a surge in its lending; and it has had its credit ratings
upgraded by three agencies.
Multilateral Development Bank of the Year: CAF
With a focus on infrastructure, the multilateral lender has expanded its loan book and is prepared for greater demand as markets turn sour
All this happened during a period in which Latin markets
were, for the most part, booming. Enrique García,
CAF’s president, tells LatinFinance that the
importance of multilateral development banks stretches beyond
filling the gaps when commercial lenders retreat during a
"Institutions like CAF and the multilateral banks are
crucial to the member countries when the situation is difficult
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.