All of Scioteca
Communities & Collections By Issue Date Authors Titles Subjects Country / Region
Profiles
Our Authors
My Account
Login

Annual Report 2012

In 2012, projects totaling USD 9.3 billion were approved for Latin America, with USD 50 billion authorized over the past five years. A greater diversity of countries and strategic sectors was achieved as well, with more emphasis on infrastructure and social development. Trinidad and Tobago was incorporated as a full CAF member. Mexico, meanwhile, increased its participation as a Series C shareholder. CAF’s member countries subscribed capital increase agreements by USD 2.3 billion (approved by the Board of Directors at the end of 2011). The total increase in paid-in capital approved in the last five years reached USD 6.3 billion. This will allow CAF to double its operations during the 2012-2017 period. Moody’s Investors Service and Standard & Poor’s upgraded CAF’s credit ratings: Moody’s announced an upgrade from A1 to Aa3, while Standard & Poor’s improved the long-term debt risk rating from A+ to AA- and the short-term rating from A-1 to A-1+. CAF issued 12 bonds in capital markets in six currencies for a total of USD 2.7 billion, a new record for the Institution. The United Nations General Assembly approved CAF’s Observer Status, as a Latin American regional development bank.

Abstract

Description

Subject

Información corporativa | Annual Report

País / Región

URI

https://scioteca.caf.com/handle/123456789/318

Date

2013

Cite from this publication

Collections

1.1 Informes anuales

Endorsement

Review

Supplemented By

Referenced By

Creative Commons license

CC-BY-NC-ND
Except where otherwised noted, this item's license is described as CC-BY-NC-ND
Thumbnail Image

Files

annualreportcaf2012.pdf (5.12 MB)

Authors

Journal Title

Journal ISSN

Volume Title

Publisher

CAF

Related Items

Thumbnail Image
Annual Report 2009

Significant capital increase of USD 2.5 billion that will double the paid-in capital of the Institution. Record level of approvals (USD 9.17 billion), a 15.4%...

Thumbnail Image
Annual Report 2008

Expansion of CAF’s Latin American scope: the incorporation of Panama and Paraguay as full members in 2008 –which will result in an increase of paid-in...

Thumbnail Image
Annual Report 2011

In 2011 approvals reached USD 10.1 billion for Latin America in 2011, and a portfolio of USD 15.1 billion, distributed in a balanced manner by...

Thumbnail Image
Annual Report 2015

Faced with the loss of economic dynamism in Latin America in 2015, CAF took actions to step up its anti-cyclical role with fast-disbursing and contingent...

Thumbnail Image
Annual Report 2016

For Latin America, 2016 was a year marked by profound political and economic changes. In comparison with other areas ofthe emerging world, the region’s economic...

Thumbnail Image
CAF Annual Report 2022

2022 was a key year for CAF’s consolidation process on its way to becoming the green bank and the reactivation bank for Latin America and...