Commitment to the well-being of the region.
The Republic of China (Taiwan) joined CABEI in 1992 and is one of the Bank's first non-regional members; its incorporation enabled the Bank to issue and place its first bonds on the international market. At the close of 2021, it is the non-regional member with the highest shareholding (11.4%) with a subscribed capital of USD776.3 million and contributions amounting to USD133.6 million.
In the coordination of development projects, the Republic of China (Taiwan) cooperation for the region focuses on key areas for poverty reduction, such as food security, education, agriculture, Micro, small and medium-sized enterprises, agribusiness, coffee producing sector affected by rust, export promotion and forestry and industrial development.
As a relevant fact, in 2020, thanks to the alliance with its non-regional partner country, CABEI made it's 19th issue in the Taiwan capital market, historically totaling US$ 2.3 billion.
In 2021, CABEI opened its representative office in the Republic of China (Taiwan) located at the Taipei 101 building.
CABEI Executive President receives recognition from the Mayor's Office of the National District of Santo Domingo in Dominican Republic
Santo Domingo, August 9, 2021. – This Monday, the Mayor's Office of the National District of Santo Domingo in the Dominican Republic recognized the executive president of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, for his management and support for the social and economic development of Dominicans.
The award was presented by the Mayor of the National District, Carolina Mejía, at the Palacio Consistorial in the colonial zone, where Dr. Mossi expressed his gratitude for the hospitality received. "Since 2007, CABEI has maintained a fruitful relationship with the Government in order to harvest more support initiatives for the benefit of Dominicans, which is why last year we opened our representative office with the objective of attending directly and quickly to the needs of our partner country."
The event was attended by the directors of the Dominican Republic, the Republic of Korea and El Salvador at CABEI; Hostos Rizik, Dongjoon Kim and Luis Rodríguez respectively, as well as the country chief officer, Manuel Ogando, and the Bank's legal advisor Julio Martínez.
Mossi took the opportunity to highlight the efforts of CABEI's collaborators in the Dominican Republic and the leadership of Director Rizik, who was appointed last year. Under his leadership, important initiatives have been carried out to benefit the health sector, such as the recent non-reimbursable financial cooperation of US$1 million to the Dominican government for the acquisition of medical equipment for the detection and treatment of childhood cancer.
