CABEI reaffirms its financial soundness
Net profits of US$198.1 million confirm the effectiveness of CABEI's financial management.
Tegucigalpa, May 12, 2022.- During 2022, the Central American Bank for Economic Integration (CABEI) has maintained the financial self-sustainability that characterizes it, which is reflected in the consistent generation of profits and the stability of its financial results, mainly from its net financial income.
Thus, at the end of April 2022, CABEI's net financial income amounted to US$79.5 million, which is consistent with its financial forecasts, reaching an accumulated net profit of US$198.1 million, showing an increase of US$144.8 million (271.8%) with respect to the same period of 2021.
In light of the above, it is important to highlight that CABEI has maintained consistent profitability levels that compare favorably with those of other multilateral development banks. These results are also the outcome of the application of conservative financial policies, which have allowed CABEI to consolidate its position as the leader in channeling resources to the Central American region.
"CABEI's good results make it possible for the institution to maintain competitive credit conditions for its member countries, which allows it to promote programs and projects that generate a much deeper regional integration," assured CABEI Executive President Dr. Dante Mossi.