Colombia
Company Profile

Fondo Latinoamericano de Reservas (FLAR)

Get all the information about Fondo Latinoamericano de Reservas (FLAR), a company operating mainly in the Banking sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Colombia, which include Other (Financial Services). Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Description:

The description included in this profile was taken directly from an official source and has not been modified or edited by BNamericas’ content team. However, it may have been automatically translated. 

The Andean Reserve Fund (FAR) was created in 1978 as a Regional Financing Agreement (AFR), in response to the need of Bolivia, Colombia, Ecuador, Peru and Venezuela to have their own financial institution, which would allow them to face the problems arising from imbalances in the external sector of their economies and facilitate the process of regional integration. It became the second oldest AFR in the world.

In 1989, starting from the firm foundations of a fully functioning organization, the FAR was transformed into the Latin American Reserve Fund (FLAR) at the initiative of the Andean countries to extend the FAR to all of Latin America. This is how Costa Rica, Uruguay and Paraguay joined FLAR as member countries in 2001, 2008 and 2015, respectively.

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Key contacts

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  • Position: COO (Chief Operating Officer)
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Other projects

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  • Project: Mali
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  • Updated: 12 hours ago
  • Project: Fortuna
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  • Updated: 13 hours ago

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Company Information

Tradename
FLAR
Business name
Fondo Latinoamericano de Reservas
Address
Calle 84 A No. 12-18 Piso 7, Bogotá, 241523
Phone
+57-1-6344360
Corporate email
flar@flar.net
Website
https://flar.com/