Mexico has been a non-regional CABEI member since 1992 with an authorized stake of USD306.25 million in the Bank's share capital and capital contributions of USD76.56 million, ranking as the third largest shareholder within the group of non-regional members with 5.03%.

The contribution that Mexico channels to the Central American region through CABEI is based on various financial cooperation instruments with Banco Nacional de Comercio Exterior S.N.C. (Bancomext) for a total amount of USD520.8 million. The relationship between the Bank and this country was solidified in 2008 with the launching of the Central American Social Housing Development Program. It falls under the framework of the Mesoamerican Integration and Development Project (formerly Plan Puebla Panamá). Since that date, the Mexican government has made resources available to develop a sustainable market for long-term housing finance in the Central American region that addresses the housing deficit and future needs in this area. Throughout the Program's existence, 59 disbursements have been made through 14 intermediary institutions. In total, 192.7% of the initial financing available has been channeled, benefiting a total of 8,032 low- income households, which can now enjoy a more dignified home.

CABEI business mission to Mexico yields positive results

04/09/2019
El Presidente Ejecutivo del BCIE, Dr. Dante Mossi, compartió un desayuno de negocios en la que realizó una presentación institucional a empresarios mexicanos.
El Presidente Ejecutivo del BCIE, Dr. Dante Mossi, compartió un desayuno de negocios en la que realizó una presentación institucional a empresarios mexicanos.

CABEI President Dr. Dante Mossi carries out successful business tour to Mexico.

Mexico, September 4, 2019.- In order to promote investment and the development of business opportunities, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, made a business visit to this country.

CABEI Executive President Dr. Dante Mossi shared a business breakfast, where he made an institutional presentation to representatives of private sector companies in Mexico; the latter learned about the Bank's advantages as a financial arm and partner of the region.

Dr. Mossi also talked about CABEI's positioning as a gateway and its pros as the most relevant multilateral development organization to the region, as well as highlighting the Bank's financial soundness, access to an expanded market and attractive financial instrument models for investors, while noting its institutional strength and high credit risk rating.

Furthermore, Dr. Mossi referred to CABEI's leadership in the field of renewable energy stating that, "Over recent years, the Bank has promoted financing that is transforming the energy matrix of its member countries."

During the afternoon, the work agenda included an interview with Vice Minister of Finance and Public Credit of the Government of Mexico, Gabriel Yorio González, which involved identifying threats and opportunities that the region’s countries may face with policy plans, initiatives and financial services.

Subsequently, Dr. Mossi had a meeting with representatives of Banco Nacional de Obras y Servicios Publicos, in which they analyzed the possibilities of joint operations within the framework of Mexico’s Integral Development Plan with Central America.

In addition, Dr. Mossi held talks with representatives of the Inter-American Development Bank (IDB); the coordinator of the IMF Regional Technical Assistance and Training Office for Central America, Panama and the Dominican Republic, Dr. Mario Garza;  El Salvador's Minister of Finance, Mr. Nelson Fuentes; and Mexican Vice-Minister of Finance, Mr. Gabriel Yorio.