The Fondo Latinoamericano de Reservas (FLAR, Latin American Reserve Fund) is a multilateral financial organization of nine Latin American member nations, established on June 8, 1978 as the Fondo Andino de Reservas (Andean Reserve Fund) and reconstituted under its current name in 1988 to expand membership beyond the Andean countries; it is headquartered in Bogota. It extends short- and long-term credit to member states' central banks to support their balance of payments, works to harmonize members' exchange rate, monetary and financial policies, and manages a pool of international reserve assets on their behalf, offering liquidity assistance, contingent lending and external debt restructuring support with minimal policy conditionality.
Facts
Geography
Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Country or Jurisdiction Served Founding Year Headquarters Classification
Institution SubtypeInternational Financial Institution 1 In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Source Global Legal Entity Identifier Foundation (GLEIF): GLEIF record for Fondo Latinoamericano de ReservasheadquartersAddress cityQuote, headquartersAddress city
"city": "Bogota"
Sources
1. Fondo Latinoamericano de Reservas (Official History Page)
Fondo Latinoamericano de Reservas (FLAR)History page, founding paragraph
The Andean Reserve Fund (FAR) was created in 1978 as a Regional Financing Arrangement (RFA)
History page, headquarters paragraph
Its headquarters are located in Bogota, Colombia, as set forth in the 1978 Constitutive Agreement.
Central Bank Members: Bolivia
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Chile
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Colombia
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Costa Rica
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Ecuador
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Paraguay
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Peru
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Uruguay
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Central Bank Members: Venezuela
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
Introduction, institution-subtype
The Fondo Latinoamericano de Reservas (FLAR, Latin American Reserve Fund) is a multilateral financial organization of nine Latin American member nations, established on June 8, 1978 as the Fondo Andino de Reservas (Andean Reserve Fund) and reconstituted under its current name in 1988 to expand membership beyond the Andean countries; it is headquartered in Bogota.
In Group: Economic Communities and Trade Blocs of the Americas, Central Bank Members
Central Bank Members Bolivia Central Bank of Chile Colombia Costa Rica Ecuador Paraguay Peru Uruguay Venezuela
View the Source Wikidata: Fondo Latinoamericano de Reservas
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