December 6, 2019
South American development bank CAF said it has granted $1.33 billion in new loans, putting it on pace to end the year with a record $13.8 billion in loan approvals.
The bank approved three loans for $286 million in Brazil, including $136 million for infrastructure projects in the state of Alagoas, it said in a statement.
It also said it granted $80 million for infrastructure investments in the city of São Bernardo do Campo in the state of São Paulo, including improvements to the Billings reserv
Latin American development bank logs new record for loan approvals in 2019