CABEI renews credit line to Banco Hipotecario of El Salvador for US$54.5 million
This operation will expand the portfolio of products and services offered to the Salvadoran MSME sector.
San Salvador, February 10, 2020. - The Central American Bank for Economic Integration (CABEI) signed the renewal of a Global Credit Line (GCL) to Banco Hipotecario of El Salvador for an amount of US$54.5 million to benefit Salvadoran Micro, Small and Medium Enterprises (MSMEs).
The renewal of this credit line aims to promote the different financial intermediation lines offered by CABEI, specifically to biodiversity friendly MSMEs; MSMEs that promote energy efficiency and renewable energy; and MSMEs that foster gender equality and entrepreneurship.
Participants at the signing ceremony included the President of Banco Hipotecario de El Salvador, Ms. Celina Padilla Meardi, and CABEI Country Manager for El Salvador, Mr. Raúl Castaneda Trabanino.