Bank Profiles

Banco de Desarrollo de América Latina (CAF)

Headquarters: Caracas, Venezuela

Website

Additional Info

Type of bank
Development
Established
1970
Assets
42.2 billion USD (2019) read more

Ownership
13 private banks in South and Central America, 17 South American Countries + Spain and Portgual read more
Mandate
We promote a sustainable development model, through credit operations, non-reimbursable resources and support in the technical and financial structuring of projects in the public and private sectors in Latin America.


Covid response

Summary

Providing grants and emergency loans to member countries to support the national responses to COVID-19.

Loans
Government agencies

Advisory services
Publishing a wide range of educational articles on website regarding health and safety concerns amid COVID-19. Topics range from reducing the risk of transmission, analysis of public health policies in Latin America, the impacts of receiving purchases in your home, the state of digitization in Latin America for economic and social resilience, how to protect SMMEs from the impacts of COVID-19. etc. CAF staff are working with other experts to design 'public policies adaptable to the reality of each country'. CAF has made available virtual training mechanisms to support countries in their economic recovery while maintaining the social achievements reached in recent decades.
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