With an advanced payment of the fifth capital payment, the Republic of Nicaragua reinforces its commitment with CABEI

Tegucigalpa, September 21^{th ,} 2023.- As part of the commitment acquired in the framework of the VIII General Capital Increase of the Central American Bank for Economic Integration (CABEI) in 2020, the Republic of Nicaragua, as a founding member of the multilateral development bank, recently made the advance payment of the fifth of eight installments for US$6.4 million per year, equal and consecutive, of capital payable derived from the subscription of 20,400 series "A" shares.

In 2020, CABEI officially increased its authorized capital from US$5,000.0 million to US$7,000.0 million. This was the Bank's VIII General Capital Increase, and the second in less than ten years, which confirms the high value of the CABEI franchise and the support of its members, as well as its relevance for the region as the main channeler of financial resources, disbursing more than US$32.2 billion since its founding in 1960.

Nicaragua is one of CABEI's founding members, with a 10.68% shareholding and a subscribed capital of US$714.00 million.  CABEI currently has a loan portfolio of US$2,131.586 million.