or
many attempts to tell him how good that
it’s a bank but that’s where it does development
at the end of an entire explanation that does not
it served absolutely for nothing we were
with my children it was a bank that
he helped people
now I am in front of you and
I have a great opportunity to explain
that is home coffee is an institution
financially what does basically
is to provide the conditions for the
countries
generate sustainable development and
have a regional integration
what we do is mobilize resources from
the international financial markets
to Latin America and we support in
projects and programs for development
from the countries of the region we work
with the public sector and with the sector
private and we have a team of people very
specialized for each of the topics
but in essence that is what we are looking for
We want all countries to have a
sustained growth of quality and for
it has to meet certain issues one
of them is the microeconomic efficiency
that is, to produce well to do well
things the macroeconomic stability that
most of the countries of america
latina already has it
equity and social inclusion is a
condition sine qua non for our
countries develop in a way
balanced the environmental balance
and obviously the transformation
productive is to produce better what
what are we doing to reach the
international markets
when cas presents this agenda to
left-wing governments all
they agree to all they think
reasonable then the issue is we have
to carry out an agenda that has
these features eye is not a
recipe is simply an agenda one
proposal for countries
when we see a bird’s
coffee results we see that it is
extraordinary what has been achieved
portfolio for example since 2007
that we had around 10 thousand
million dollars of portfolio now
we are in almost 24 billion of
dollars the assets are more than doubled
and we are with 35 billion dollars
of assets
when we see the approvals in
average the last years we are with 12
one billion approvals each year
for all the countries of the region and
this is how we got it because we have
an investment grade that is how we
evaluate financial markets
international and we have degree of
better investment from countries that have
the member countries of coffee has gone
growing over time and in
this moment is the highest of all
the countries that are part of coffee
because we have that for a handling
reasonable reasonable bank but about
all for the support of the member countries
coffee has undergone a transformation
impressive also in the
participation of the countries within
coffee we were five Andean countries in 1970
when it is created now we are 19 countries and
14 private banks are part of caf
also that is a transformation
awesome now let me talk to you
on the areas and sectors in the
which we have been working
this is fundamental because what
we want is that all these projects of
which I’m going to talk to you come to the
people no good having a thousand
million dollars if those projects
what we are doing is not enough and
they reach people
one of the sectors in which we are
leaders in the region is infrastructure
infrastructure is necessary for the
development of our countries bridges
roads roads
everything that is required to be able
keep growing in the case of the equator
coffee has passed the last few years
more than 2500 million in
projects across the country
now I want to tell you about a project
in particular
this project
is the project of 45 the backbone of 45
what he basically does is integrate
the Ecuadorian majority to the rest of the country
It is a highway that is now modern
Very easy to circulate but we went to see
what happens with the road and
effectively the road is in
optimal conditions and there we
we find Isabel Isabella is a
inhabitant of the area and we asked
what you think coincided totally is
a good road but above all
that we loved is that he told us that
now it takes four hours – go from the
city where he lives where he works
to moron are four hours less than can
spend with your family being with your children
do other things that ‘s what we’re looking for
as a bank that really reaches the
people
on the subject of cities you know
latin america is a continent
fully urbanized more than 80% of the
people now live in cities cities
large intermediate medians in america
latina and that’s why caf has a
program for cities for
integral development of cities
in recent years we have invested more
of 1,300 million dollars in cities
in Ecuador
now again I want to move on to an example
in particular and that example in
particular is I’m going to talk about guayaquil
coffee accompanied the transformation
awesome guayaquil of the
last decades and we’ve been
financing a series of projects
one of the projects that we have
financed is the metro
the metro is the transportation system
that has guayaquil that allows for a
agile way fast and secure that people
in the city, go to different
places where you have to work
etcetera at this moment we are
looking to reach the 7 backbones for
really give a lot of mobility and
Again we went and we met
Carlos Martial one of the users and we
definitely said my quality of life
and my safety that is very important has
improved with this project and again
that’s what we’re looking for as
development bank reach people and
that people live better with that project
the billions of dollars that they
spoke of a principle they do not serve
absolutely nothing from me
perspective if we do not reach people
and a third point is the subject of
productivity competitiveness
that is at the core of the development of
our countries if we do not improve the
competitiveness and we do not produce better we
let’s stay where we are and it’s because
what that cap as a development bank
has a series of programs and projects
to help improve production to
produce more and better and reach the
markets
of international exports and
new surprise I’m going to talk about one
Of one of them
one of them that is a project that
we believe that it really reaches the marrow
of the people is called project maquita
cushunchic
this project what it does basically is
improve productivity in cocoa
is in different areas of the equator
and we went to napo and we found
bolivar and
and we realized that productivity
they had was more than doubled was
impressive the result reached
but the good thing is that they did not stay with
the cocoa went to chocolate
what is the added value that really
we need not only stay in the
basic production went to the cake of
cocoa and then to chocolate that in this
moment is being exported in small
quantities but it is already being exported and
the most extraordinary thing in this project
is that in parallel to the project of
cocoa was started with a project of
community tourism
to be able to get more resources than
can serve the production of cocoa and
again if a hotel was made of very
good quality people are coming and
the results are then seen this
Mr. Bolívar
is one of the beneficiaries with the
which we love to find in all
our projects
could you continue in the different
sectors in which we are
working on energy in the environment
in water in sanitation in education and
for each of them we have 110
100,000 beneficiaries but I think that
the idea is not to tire them with each one of
the projects but tell them because I think
I have arrived at what we have
come what is the success
our why are we here
what I am going to tell you is
it’s not a recipe I definitely do not think
that can be applied to other banks or
other companies but I think it’s at
marrow of the success of the corporation
Andean development that was called now
coffee development bank of america
latina
and there are six points the first one is that
we have the most important asset that
has any company in the world the
right people right people people
prepared and people totally
committed without it nothing is possible
can have the best president of the
company but if we do not have the equipment
definitely fit the
chances of success are very small
and then think big you have to think
big
If we had stayed like a
small regional bank with 5 countries
we would probably continue doing what
same without much impact
now we are
throughout Latin America we have offices
in spain in portugal and we are in all
the region
third never be self-complacent
be happy with what one has
got by more impressive than it is
is the beginning of the end is to stay
where where is what I get
and that is never enough and above all
in the region and that is a message for
all of you never be
self-complacent the sky is the limit
and beyond and that is the way to get to
succeed
the other topic that is a bit confusing
something is the constant adaptation you have to
adapt constantly already said it
darwin a long time ago
adapting constantly we can
foresee what can happen to the
markets to the dangers to the risks to
Positive situations is fundamental
adapting to the realities of the
region in the case of the bank and
needs of the countries what
you need equator is not the same as what
who needs brasil argentina chile or
mexico or jamaica or trinidad and tobago that
are some of the countries that form
part of coffee another of the points that was
Part of the success of coffee is that all
member countries absolutely all are
committed to the institution in the
worse financial moment in the crisis of
the debt in the 80s
all countries continued paying
coffee the capital increase
their participation and supporting the
decisions made by management that is
fundamental if one does not have the support and
not everyone is rowing in it
address we probably do not go to
north we want to reach
and finally
perhaps the most important point and the
message to which I want to become
reach them and is that behind everything that
we are doing all the effort all
the commitment and all the work is the
people are you
is Elizabet
highlighting the is bolivar and they are all
the Latin Americans for whom
we work
without rest because finally that is the
role of a development bank
think about people and reach people
I think that is the explanation that
I would have had to give my children
several years ago they are already
great in college
I hope you can see this presentation
and that and that they finish understanding the
work he did and what his father does
many thanks
[Applause]
many attempts to tell him how good that
it’s a bank but that’s where it does development
at the end of an entire explanation that does not
it served absolutely for nothing we were
with my children it was a bank that
he helped people
now I am in front of you and
I have a great opportunity to explain
that is home coffee is an institution
financially what does basically
is to provide the conditions for the
countries
generate sustainable development and
have a regional integration
what we do is mobilize resources from
the international financial markets
to Latin America and we support in
projects and programs for development
from the countries of the region we work
with the public sector and with the sector
private and we have a team of people very
specialized for each of the topics
but in essence that is what we are looking for
We want all countries to have a
sustained growth of quality and for
it has to meet certain issues one
of them is the microeconomic efficiency
that is, to produce well to do well
things the macroeconomic stability that
most of the countries of america
latina already has it
equity and social inclusion is a
condition sine qua non for our
countries develop in a way
balanced the environmental balance
and obviously the transformation
productive is to produce better what
what are we doing to reach the
international markets
when cas presents this agenda to
left-wing governments all
they agree to all they think
reasonable then the issue is we have
to carry out an agenda that has
these features eye is not a
recipe is simply an agenda one
proposal for countries
when we see a bird’s
coffee results we see that it is
extraordinary what has been achieved
portfolio for example since 2007
that we had around 10 thousand
million dollars of portfolio now
we are in almost 24 billion of
dollars the assets are more than doubled
and we are with 35 billion dollars
of assets
when we see the approvals in
average the last years we are with 12
one billion approvals each year
for all the countries of the region and
this is how we got it because we have
an investment grade that is how we
evaluate financial markets
international and we have degree of
better investment from countries that have
the member countries of coffee has gone
growing over time and in
this moment is the highest of all
the countries that are part of coffee
because we have that for a handling
reasonable reasonable bank but about
all for the support of the member countries
coffee has undergone a transformation
impressive also in the
participation of the countries within
coffee we were five Andean countries in 1970
when it is created now we are 19 countries and
14 private banks are part of caf
also that is a transformation
awesome now let me talk to you
on the areas and sectors in the
which we have been working
this is fundamental because what
we want is that all these projects of
which I’m going to talk to you come to the
people no good having a thousand
million dollars if those projects
what we are doing is not enough and
they reach people
one of the sectors in which we are
leaders in the region is infrastructure
infrastructure is necessary for the
development of our countries bridges
roads roads
everything that is required to be able
keep growing in the case of the equator
coffee has passed the last few years
more than 2500 million in
projects across the country
now I want to tell you about a project
in particular
this project
is the project of 45 the backbone of 45
what he basically does is integrate
the Ecuadorian majority to the rest of the country
It is a highway that is now modern
Very easy to circulate but we went to see
what happens with the road and
effectively the road is in
optimal conditions and there we
we find Isabel Isabella is a
inhabitant of the area and we asked
what you think coincided totally is
a good road but above all
that we loved is that he told us that
now it takes four hours – go from the
city where he lives where he works
to moron are four hours less than can
spend with your family being with your children
do other things that ‘s what we’re looking for
as a bank that really reaches the
people
on the subject of cities you know
latin america is a continent
fully urbanized more than 80% of the
people now live in cities cities
large intermediate medians in america
latina and that’s why caf has a
program for cities for
integral development of cities
in recent years we have invested more
of 1,300 million dollars in cities
in Ecuador
now again I want to move on to an example
in particular and that example in
particular is I’m going to talk about guayaquil
coffee accompanied the transformation
awesome guayaquil of the
last decades and we’ve been
financing a series of projects
one of the projects that we have
financed is the metro
the metro is the transportation system
that has guayaquil that allows for a
agile way fast and secure that people
in the city, go to different
places where you have to work
etcetera at this moment we are
looking to reach the 7 backbones for
really give a lot of mobility and
Again we went and we met
Carlos Martial one of the users and we
definitely said my quality of life
and my safety that is very important has
improved with this project and again
that’s what we’re looking for as
development bank reach people and
that people live better with that project
the billions of dollars that they
spoke of a principle they do not serve
absolutely nothing from me
perspective if we do not reach people
and a third point is the subject of
productivity competitiveness
that is at the core of the development of
our countries if we do not improve the
competitiveness and we do not produce better we
let’s stay where we are and it’s because
what that cap as a development bank
has a series of programs and projects
to help improve production to
produce more and better and reach the
markets
of international exports and
new surprise I’m going to talk about one
Of one of them
one of them that is a project that
we believe that it really reaches the marrow
of the people is called project maquita
cushunchic
this project what it does basically is
improve productivity in cocoa
is in different areas of the equator
and we went to napo and we found
bolivar and
and we realized that productivity
they had was more than doubled was
impressive the result reached
but the good thing is that they did not stay with
the cocoa went to chocolate
what is the added value that really
we need not only stay in the
basic production went to the cake of
cocoa and then to chocolate that in this
moment is being exported in small
quantities but it is already being exported and
the most extraordinary thing in this project
is that in parallel to the project of
cocoa was started with a project of
community tourism
to be able to get more resources than
can serve the production of cocoa and
again if a hotel was made of very
good quality people are coming and
the results are then seen this
Mr. Bolívar
is one of the beneficiaries with the
which we love to find in all
our projects
could you continue in the different
sectors in which we are
working on energy in the environment
in water in sanitation in education and
for each of them we have 110
100,000 beneficiaries but I think that
the idea is not to tire them with each one of
the projects but tell them because I think
I have arrived at what we have
come what is the success
our why are we here
what I am going to tell you is
it’s not a recipe I definitely do not think
that can be applied to other banks or
other companies but I think it’s at
marrow of the success of the corporation
Andean development that was called now
coffee development bank of america
latina
and there are six points the first one is that
we have the most important asset that
has any company in the world the
right people right people people
prepared and people totally
committed without it nothing is possible
can have the best president of the
company but if we do not have the equipment
definitely fit the
chances of success are very small
and then think big you have to think
big
If we had stayed like a
small regional bank with 5 countries
we would probably continue doing what
same without much impact
now we are
throughout Latin America we have offices
in spain in portugal and we are in all
the region
third never be self-complacent
be happy with what one has
got by more impressive than it is
is the beginning of the end is to stay
where where is what I get
and that is never enough and above all
in the region and that is a message for
all of you never be
self-complacent the sky is the limit
and beyond and that is the way to get to
succeed
the other topic that is a bit confusing
something is the constant adaptation you have to
adapt constantly already said it
darwin a long time ago
adapting constantly we can
foresee what can happen to the
markets to the dangers to the risks to
Positive situations is fundamental
adapting to the realities of the
region in the case of the bank and
needs of the countries what
you need equator is not the same as what
who needs brasil argentina chile or
mexico or jamaica or trinidad and tobago that
are some of the countries that form
part of coffee another of the points that was
Part of the success of coffee is that all
member countries absolutely all are
committed to the institution in the
worse financial moment in the crisis of
the debt in the 80s
all countries continued paying
coffee the capital increase
their participation and supporting the
decisions made by management that is
fundamental if one does not have the support and
not everyone is rowing in it
address we probably do not go to
north we want to reach
and finally
perhaps the most important point and the
message to which I want to become
reach them and is that behind everything that
we are doing all the effort all
the commitment and all the work is the
people are you
is Elizabet
highlighting the is bolivar and they are all
the Latin Americans for whom
we work
without rest because finally that is the
role of a development bank
think about people and reach people
I think that is the explanation that
I would have had to give my children
several years ago they are already
great in college
I hope you can see this presentation
and that and that they finish understanding the
work he did and what his father does
many thanks
[Applause]
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