CABEI has a project portfolio amounting to US$ 7,487.4 billion dollars

Tegucigalpa, January 30, 2019.- At the close of 2018, the project portfolio of the Central American Bank for Economic Integration (CABEI) amounted to approximately US$7,487.4 billion. This portfolio has been focused on productive infrastructure, energy, human development and social infrastructure.

At the end of the fourth year of its Institutional Strategy, "Integrating Sustainable Development and Competitiveness," CABEI approved loans for US$2.44 billion and disbursement for US$1.86 billion to the public and private sectors of the countries of the region. Noteworthy approvals included the Expansion of the Las Playas de Panama corridor, the Guatemalan Hospital Network  Program and the Improvement of Corinto Port, among others.

2018 was characterized by follow-up on strategic issues such as maintaining the Bank's relevance for the region, which is evidenced by CABEI's positioning as the multilateral organization with the greatest participation in the region compared to other development banks.

In addition, other noteworthy relevant and historical results of 2018 included the incorporation of Cuba as a Bank member and the formalization of the Republic of Korea at the end of December with the objective of consolidating strategic allies in favor of Central American region.

In recent years, CABEI has made great strides in innovative environmentally friendly financial products. Starting in 2018, CABEI initiated the implementation of a sustainable green bond program that will enable the channeling of funds from international investors interested in participating in environmentally responsible financing initiatives within the Central American region.

Likewise, the Bank maintained its position as one of the best credit risks in Latin America, as reflected by its high investment grade risk ratings (AA- with the rating agency Japan Credit Rating, A1 with Moody's, and A+ with Standard & Poor's and Fitch Ratings).

Another aspect that reflects the period's streamlined results was the successful issuance in international capital markets. In 2018 alone, 10 issues were made in: Mexico, Japan, Switzerland, Costa Rica, Colombia and the Republic of China (Taiwan).

CABEI Executive President Dr. Dante Mossi stated that, "We are very proud of the results achieved so far because they represent the Bank's positive financial results which are consistent with prudent financial policies."

Finally, it should be noted that CABEI promotes the region's development and continues to contribute more than half of all the financial resources channeled to the region. CABEI will continue to strengthen its positioning as the strategic ally for its member countries in the provision of financial solutions that contribute to the generation of employment and raise the wellbeing and the quality of life of the inhabitants.