CABEI strengthens Costa Rica's public banking sector with disbursements of US$43 million to Banco Popular y de Desarrollo Comunal

San José, June 17, 2025.- In line with its mission to promote sustainable economic and social development in its member countries, the Central American Bank for Economic Integration (CABEI) made two disbursements totaling US$43 million to the Banco Popular y de Desarrollo Comunal de Costa Rica, with the objective of strengthening the public banking sector and expanding its financing capacity for projects with high social and economic impact.

These resources channeled through Banco Popular as CABEI's intermediary financial institution, will enable investment in key productive sectors to boost the economy in Guanacaste.

CABEI´s country manager in Costa Rica, Álvaro Alfaro, highlighted: “This type of alliance with public banks allows us to expand the reach of CABEI financing. It is a clear example of how cooperation between public and multilateral institutions may translate into concrete benefits for communities by generating jobs, attracting investment, and promoting economic activity.”

CABEI thereby reaffirms its role as a strategic ally for sustainable development in Central America, supporting initiatives that promote the well-being of persons and economic growth in harmony with the environment.