Panama became a non-founding regional CABEI member in 2007. At the close of 2020, it had a shareholding of 4.84% and US$ 64.00 million in capital contributions.
Its subscribed capital is US$ 358.40 million. Between 2016-2020, Bank approvals to the country reached the US$ 1.8 billion, while disbursements for that same period totaled US$ 1.7 billion. Specifically in 2020, CABEI channeled approvals amounting to US$ 400.0 million and disbursements totaling US$ 738.0 million to meet the population’s needs stemming from the COVID-19 emergency and to support economic recovery.
CABEI exchanges best practices with multilaterals to promote ethics and values in its operations
At the Ethics Network of Multilateral Organizations (ENMO) conference, experiences related to institutional ethics in the new normal were shared.
Tegucigalpa, July 20th, 2021.- In order to encourage institutional ethics processes in the pandemic and post-pandemic era, the Central American Bank for Economic Integration (CABEI) participated for the second consecutive year in the conferences organized by the Ethics Network of Multilateral Organizations (ENMO).
At ENMO 2021, the multilaterals took advantage of the space to share innovative practices and discuss common interest topics related to institutional ethics, such as the challenges and ethical risks derived from teleworking, and the promotion of an internal "speak up" culture to promote and strengthen the work environment, among other topics.
In this regard, CABEI Executive President Dr. Dante Mossi stated, "this type of exchange allows us to promote best practices in ethics and values in multilateral banking in order to establish relationships of trust and transparency in all of its operations and with its stakeholders at the international level.
This edition, organized by the European Central Bank (ECB), was attended virtually by more than 150 ethics managers representing some 40 multilateral organizations and development banks worldwide.
