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ALIDE and BICE organized a seminar on finance for sustainable development

    • The event was developed in a hybrid format and had representatives from development banks and the Argentine government as speakers.

    November 24, 2021- The Latin American Association of Development Financing Institutions (ALIDE) and the Foreign Trade and Investment Bank (BICE) organized the Finance for Sustainable Development seminar: A new international economic architecture.

    The event took place within the framework of the Finance in Common summit and featured two panels that were developed in a hybrid format, with speakers who were presented in person and virtually.

    The first panel allowed us to take a look at the economic architecture of international financing promoting changes in world financial markets and its relationship with opportunities to make sustainable investments, responsible investment with environmental and social criteria and governance.

    The second panel shared an approach to the support that banks have been giving so that there is a more significant participation of SMEs in global commercialization chains and Latin American insertion in economic and human dynamics is improved.

    During the opening ceremony, the president of ALIDE, Carlos Linares, made a call to increase trade and investment within our region in order to contribute to the Latin American integration process. «The greater the strength of this integration, the less vulnerability to global ups and downs,» said Linares.

    For his part, the president of the BICE, José Ignacio de Mendiguren, stressed that the measures proposed for the world in this meeting were lessons produced by the pandemic, where non-traditional actions were applied so that the market financial company has an asset of small and medium-sized companies that are sustaining the growth of the economy.

    Among the exhibitors at the event, there were representatives of the Argentine Government and members of development banking institutions such as CAF, Cassa Depositi e Prestiti (CDP), Banco Provincia, Banco Nacional de Desenvolvimento Econômico e Social (BNDES) , the National Bank of Costa Rica, Bancomext and the Eastern Republic Bank of Uruguay.

About BICE

The Foreign Investment and Trade Bank (BICE) is an Argentine public bank founded in 1992 that depends on the Ministry of Productive Development. It is aimed at financing investment and export and import in the productive and service sectors.

About ALIDE

ALIDE is the community of financial institutions that generates banking solutions for the development of Latin America and the Caribbean. Founded in 1968, its main objective is to contribute to the economic and social development of the region, through good practices in development financing that it promotes among its associates. It is made up of 85 member institutions with a presence in more than 20 countries in Latin America and other regions of the world.

Contact

Andrea Villafranca
Communications Unit of ALIDE
Phone: +511-203-5520 |: Ext: 227
comunicaciones@alide.org, comunicaciones2@alide.org
www.alide.org

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