within a context marked by the declining external economic conditions of the end of the raw materials super-cycle and adverse winds in international financial markets, latin america experienced a slowdown in its average growth in 2015 for a second consecutive year, albeit with heterogeneous results among the region’s countries depending on their macroeconomic positions.
* (*) Operating Income is defined as net income before changes in the fair value
related to financial instruments and contributions to stockholders’ special funds.
In 2015, CAF approved 152 operations for a total of USD 12.3 billion in financing, amidst a deceleration in the economies of Latin America.
We are a development bank committed to improving the quality of life for all Latin Americans. Our actions promote sustainable development and regional integration. We provide financial support and consulting services to both the public and private sectors in our shareholder countries. We channel resources from international markets to Latin America.