EF_Bladex
75 %DQFR /DWLQRDPHULFDQR GH &RPHUFLR ([WHULRU 6 $ \ 6XEVLGLDULDV 1RWDV D ORV HVWDGRV ILQDQFLHURV FRQVROLGDGRV &LIUDV H[SUHVDGDV HQ PLOHV GH 86 GyODUHV H[FHSWR FXDQGR VH LQGLTXH OR FRQWUDULR $GPLQLVWUDFLyQ GH ULHVJRV FRQWLQXDFLyQ ( 5LHVJR GH IUDXGH FRQWLQXDFLyQ 3DUD VX JHVWLyQ HO %DQFR FXHQWD FRQ XQ SURJUDPD JHQHUDO GH JHVWLyQ GHO ULHVJR GH IUDXGH HO FXDO LQFOX\H HVWDEOHFLPLHQWR GH SROtWLFDV GH *RELHUQR GH 5LHVJR GH )UDXGH HYDOXDFLyQ GHO 5LHVJR GH )UDXGH GLVHxR \ GHVDUUROOR GH DFWLYLGDGHV GH FRQWURO SDUD SUHYHQLU \ GHWHFWDU IUDXGHV LQYHVWLJDFLyQ GH IUDXGHV ODV FXDOHV LQFOX\HQ HO PRQLWRUHR \ HYDOXDFLyQ GHO SURJUDPD GH JHVWLyQ GHO ULHVJR GH IUDXGH ) &LEHUVHJXULGDG &LEHUVHJXULGDG R VHJXULGDG GH OD WHFQRORJtD GH OD LQIRUPDFLyQ VH UHILHUH D ORV SURFHGLPLHQWRV GLVHxDGRV \ D ODV PHGLGDV LPSOHPHQWDGDV SDUD SURWHJHU HTXLSR WHFQROyJLFR UHGHV SURJUDPDV \ GDWRV FRQWUD DWDTXHV FLEHUQpWLFRV HQ RWUDV SDODEUDV DFFHVRV QR DXWRUL]DGRV R DWDTXHV GLULJLGRV D OD H[SORWDFLyQ R HO XVR LQGHELGR GH OD SODWDIRUPD WHFQROyJLFD GHO %DQFR SDUD DFFHGHU DO VLVWHPD ILQDQFLHUR (O %DQFR KD DSUREDGR SROtWLFDV H LPSOHPHQWDGR SURFHGLPLHQWRV GHILQLHQGR UROHV \ UHVSRQVDELOLGDGHV SDUD PDQHMDU OD VHJXULGDG GH OD LQIRUPDFLyQ FRPR SDUWH GHO PDUFR GH VHJXULGDG LQIRUPiWLFD \ GH JHVWLyQ GHO ULHVJR WHFQROyJLFR (VWDV SROtWLFDV \ SURFHGLPLHQWRV VH DSOLFDQ HQ WRGR HO %DQFR \ DEDUFDQ WRGDV ODV UHODFLRQHV HQWUH OD IXHU]D ODERUDO YHQGHGRUHV \ SURYHHGRUHV DVt FRPR FXDOTXLHU RWUD SHUVRQD TXH GH IRUPD SHUPDQHQWH R WHPSRUDO FRQ HO %DQFR WHQJD DOJ~Q WLSR GH DFFHVR D GDWRV DGPLQLVWUDFLyQ GH UHFXUVRV \ VLVWHPDV LQIRUPiWLFRV (O 2ILFLDO GH 6HJXULGDG GH ,QIRUPDFLyQ GHO %DQFR HV UHVSRQVDEOH GH YHODU SRU HO FXPSOLPLHQWR GH ODV SROtWLFDV \ SURFHGLPLHQWRV SRU FXDOTXLHU SHUVRQD FRQ DFFHVR D ORV VLVWHPDV GHO %DQFR (O SURJUDPD GH FLEHUVHJXULGDG GHO %DQFR KD VLGR GHVDUUROODGR FRQ XQ HQIRTXH KROtVWLFR OR FXDO SHUPLWH DEDUFDU WDQWR ODV PHGLGDV WpFQLFDV FRPR ODV HVWUDWpJLFDV HQ XQ VROR HVTXHPD ,PSDFWRV \ $FFLRQHV ,PSOHPHQWDGDV HQ HO &RQWH[WR GH &29,' (O LPSDFWR GH OD SDQGHPLD GH &29,' \ ODV PHGLGDV LPSOHPHQWDGDV D QLYHO PXQGLDO SDUD HYLWDU VX SURSDJDFLyQ SRGUtDQ DIHFWDU QHJDWLYDPHQWH ORV QHJRFLRV GHO %DQFR GH YDULDV PDQHUDV (VWRV LPSDFWRV SXHGHQ LQFOXLU HQWUH RWURV YRO~PHQHV FRPHUFLDOHV UHGXFLGRV DFFHVRV D IXHQWHV GH IRQGHR UHVWULQJLGRV OLTXLGH] LQVXILFLHQWH UHWUDVR R LQFXPSOLPLHQWR HQ ORV SDJRV GH ORV FOLHQWHV GHO %DQFR R GH ODV FRQWUDSDUWHV ILQDQFLHUDV GHO %DQFR PD\RUHV QLYHOHV GH HQGHXGDPLHQWR R OD IDOWD GH ILQDQFLDPLHQWR VXILFLHQWH SDUD ORV SUHVWDWDULRV GHO %DQFR \ RWURV IDFWRUHV TXH HVWiQ IXHUD GHO FRQWURO GHO %DQFR (Q HVWH FRQWH[WR \ FRQ HO ILQ GH PLWLJDU HVWRV ULHVJRV HO %DQFR KD LPSOHPHQWDGR XQD VHULH GH PHGLGDV \ DFFLRQHV TXH VH GHVFULEHQ D FRQWLQXDFLyQ L 5LHVJR GH OLTXLGH] $ UDt] GH OD SDQGHPLD &29,' \ VX SRWHQFLDO LPSDFWR HQ OD GLVSRQLELOLGDG GH IXHQWHV GH UHFXUVRV HO %DQFR DFWLYy VX 3ODQ GH &RQWLQJHQFLD GH /LTXLGH] EDVDGR HQ ORV GLVSDUDGRUHV GH PHUFDGR GLVHxDGRV LQWHUQDPHQWH FRQ HO ILQ GH DVHJXUDU XQD SRVLFLyQ UREXVWD DQWH OD VLWXDFLyQ JHQHUDGD SRU OD SDQGHPLD (VWR FRQOOHYy D DMXVWDU HO HVFHQDULR GH FREHUWXUD GH OLTXLGH] /&5 LQWHUQR GH XQ QLYHO UHJXODU GH D XQ QLYHO OR FXDO LPSOLFD KDFHU PiV UHVWULFWLYRV ORV VXSXHVWRV GH HQWUDGD \ VDOLGD GH HIHFWLYR DMXVWDQGR KDFLD OD EDMD ORV SRUFHQWDMHV GH UHQRYDFLyQ GH IXHQWHV GH IRQGHR \ GH UHFREUR GH OD FDUWHUD 2WURV HOHPHQWRV LQFOXLGRV HQ OD DFWLYDFLyQ GHO 3ODQ GH &RQWLQJHQFLD GH /LTXLGH] VRQ HQWUH RWURV HO FREUR GH WRGRV ORV YHQFLPLHQWRV GH SUpVWDPRV \ OD DSUREDFLyQ FDVR D FDVR GH WRGRV ORV QXHYRV GHVHPEROVRV GH WUDQVDFFLRQHV FUHGLWLFLDV SRU SDUWH GHO &RPLWp GH &UpGLWR HVWDEOHFLHQGR XQD IUHFXHQFLD GH UHXQLRQHV DO PHQRV ELVHPDQDO $ UDt] GH OD HMHFXFLyQ GHO DQWHV GHVFULWR 3ODQ GH &RQWLQJHQFLD GH /LTXLGH] HO %DQFR ORJUy LQFUHPHQWDU VLJQLILFDWLYDPHQWH VX SRVLFLyQ GH HIHFWLYR HQ XQ FRUWR SHUtRGR GH WLHPSR ORJUDQGR PDQWHQHU GH PDQHUD FRQWLQXD XQ UREXVWR QLYHO GH OLTXLGH] PX\ SRU HQFLPD GH ORV UHTXHULPLHQWRV UHJXODWRULRV
Made with FlippingBook
RkJQdWJsaXNoZXIy NzE5MzYw