CABEI offers Christmas breakfast to the Honduran press
In his message, CABEI Executive President, Dr. Dante Mossi, spoke about the challenges at the head of the multilateral development organization in promoting initiatives that leverage sustained regional growth.
Tegucigalpa, December 6, 2018.- As is already a tradition, the Central American Bank for Economic Integration (CABEI) offered a breakfast to members of the Honduran press in order to celebrate the beginning of Christmas and entertain the communicators.
The reception began with the welcoming words of the CABEI Executive Vice President, Attorney Alejandro Rodríguez Zamora, who gave a Christmas greeting to the attendees and expressed his gratitude to the members of the press for their services during the year in making known the Bank's actions.
The meeting also had the participation of CABEI Executive President, Dr. Dante Mossi, who was in charge of the welcoming speech. In his message he acknowledged the daily work that communicators carry out to keep the population informed.
Financial soundness, incorporation of new members and financial inclusion
At the event, the results of CABEI in 2018 were announced, highlighting approval figures for US$2.73 billion and disbursements for US$1.84 billion.
In this year, CABEI continued to support the financial system in terms of financial intermediation, promoting competitiveness and ensuring sustained growth in the base and segment of beneficiaries of the Micro, Small and Medium Enterprises (MSMEs).
The importance of CABEI's commitment to climate change adaptation was also mentioned; in this line, the Green Climate Fund approved the first financing to the Bank to execute a productive initiative to increase the resilience to climate change in at least 5 thousand MSMEs of the Central American region.
The year's results also included the incorporation of new members, such as Cuba and the imminent incorporation of the Republic of Korea; the 10 bond issues on three continents; and the improvement in the credit rating, which is on the verge of reaching AA-, making CABEI the best risk in Latin America.
In addition to the investments made in this period, CABEI continues to advance in the fulfillment of its 2015-2019 Institutional Strategy, with which it supports its member countries in achieving the Sustainable Development Goals.
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