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 receives US$8.6 million in advance principal payments from the Republic of China (Taiwan)
Tegucigalpa, March 16th, 2022 – The Republic of China (Taiwan) reiterated its proven support for CABEI and its commitment to the Central American region by making, for the second time, the prepayment of the capital installments related to the two (2) capital subscriptions made within the framework of the Bank's VIII General Capital Increase for a total amount of US$8.6 million. In this regard, it is important to note that this country has been a member of the Bank since 1992 and holds the highest shareholding (11.42%) of any member, a key factor that has allowed CABEI to remain for several years as the highest rated entity in all of Latin America with an "AA" rating.
On March 16, 2022, the Republic of China (Taiwan) made cash payments of US$6.3 million and US$2.4 million, corresponding to the second of eight (8) annual, equal and consecutive installments of principal payable derived from the capital subscriptions made by said country within the framework of CABEI's VIII General Capital Increase, which became effective in April 2020. The aforementioned payments were to be made in May and July 2022, respectively.
CABEI Executive President, Dr. Dante Mossi, stated that this "demonstrates the strong support of the Republic of China (Taiwan), as well as its commitment and understanding of the needs of the Central American region and the Bank's role in promoting the region's economic and social development.
"I would like to thank and highlight the support that the Republic of China (Taiwan) has consistently shown to the Central American region through cooperation and financing in areas such as food security, agriculture, education, financing of the MSME sector, in addition to the creation of the International Cooperation and Development Fund (TaiwanICDF). I also reiterate our commitment to further strengthen our relationship based on tangible results for both Central American countries and the Republic of China (Taiwan)".
In July 2021, CABEI inaugurated its office in Taipei as the first CABEI representation in Asia, with the objective of promoting the region's competitiveness, consolidating the Bank's presence in Asian capital markets, attracting investment in priority areas and sectors for the Central American region, mobilizing financial resources for cooperation, and contributing to the commercial exchange of goods and services between the countries.