Javier M. Flores, CEO for BBVA Microfinance Foundation, met with Luis Carranza, president for CAF-Development Bank of Latin America, to examine the joint efforts they could undertake to support vulnerable entrepreneurs in the region.
The BBVAMF has been collaborating with CAF since its founding. In 2017, a Memorandum of Understanding (MoU), signed by Francisco González, executive chairman for BBVA and Luis Carranza, president for CAF, formalized the good relationship between both organizations.
CAF is a development bank created nearly 50 years ago, owned by 19 countries- 17 in Latin America (including five countries where the Foundation operates), as well as Spain and Portugal- and 13 private banks in the region.
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- Javier M. Flores and Luis Carranza
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- Gonzalo Castro, senior executive at CAF; Paloma del Val, director of the Legal Advisory department and Secretary to the Board for BBVAMF; Javier M. Flores, CEO for BBVAMF; Luis Carranza, president for CAF; Guillermo González de Soto, director for CAF Europe; and Alejandro Lorca, director of the Finance department for BBVAMF
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