Latin American Bank Turns to Asia, Middle East for Fresh Capital.

Read More: CAF Plans Infrastructure Funds in Six Latin American Countries "We are in this process of seeking partners that contribute to the bank without the bank losing its essence", Diaz-Granados told reporters in Mexico City on Friday. (Bloomberg) -- Corporacion Andina de Fomento, a Latin American development bank that will lend over $14 billion this year, is seeking to add new members from Europe, the Middle East and Asian countries to finance new projects in the region. The bank was then repaid by the IMF in Special Drawing Rights, the organization's international reserve asset known as SDRs, which CAF is now allowed to hold. [Extracted from the article]