Seoul, July 7th, 2022.- To promote the productive sectors, foreign trade, and micro, small, and medium-sized enterprises (MSMEs) in Honduras, the Central American Bank for Economic Integration (CABEI) increased its Global Credit Line (GCL) to Banco del País, S.A. (BANPAIS) by US$15.0 million, for a total of up to US$100.0 million. The credit line will provide financing on favorable terms for ...
San Jose, April 19, 2022.- Nearly 2,000 micro, small, and medium-size enterprise (MSME) jobs will be created and safeguarded in Costa Rica with financial support from the Central American Bank for Economic Integration (CABEI), which disbursed more than US$20 million to its intermediary financial institutions Coopeservidores, Promerica, BCT, Financiera CAFSA, and Davivienda. The funds, which are ...
Tegucigalpa, January 24, 2022.- The Central American Bank for Economic Integration (CABEI) approved a US$60.0 million line of credit to Banco Cuscatlán de El Salvador to promote the economic reactivation of micro, small and medium-sized enterprises (MSMEs) and enhance the competitiveness of the business sector. This approval will benefit more than 450 companies, preserving approximately 16,900 ...
Tegucigalpa, January 20, 2022.- The measures taken in the different countries to prevent the spread of COVID-19 had adverse effects on their economies, reflected in lower sales, business closures, layoffs, and loss of income in various sectors, such as micro, small, and medium-sized enterprises (MSMEs). In response to their needs and aware that this sector represents a strong driving force in the ...
San Salvador, January 13, 2022.- A new disbursement of US$100.9 million from the Program to Support Economic Recovery Measures Implemented to Benefit Businesses and Employment Affected by COVID-19 was made by the Central American Bank for Economic Integration (CABEI) to support 78,781 micro, small and medium-sized enterprises (MSMEs) affected by the pandemic. With this third amount, CABEI ...
San Salvador, January 31, 2022.- The Central American Bank for Economic Integration (CABEI) made a new disbursement of US$10.0 million to Banco Hipotecario de El Salvador (BH) to reaffirm its commitment to support micro, small and medium-sized Salvadoran enterprises in their economic reactivation following the crisis caused by the COVID-19 pandemic. This financial facility, part of CABEI's ...
Managua, October 25, 2021.- A total of 28,557 micro, small and medium-sized enterprise (MSME) jobs have been preserved and recovered during the last year and a half thanks to the support of the Central American Bank for Economic Integration (CABEI) and its Financial Sector Support Facility for MSME Financing , which has channeled US$66.8 million through its intermediary financial institutions. In ...
San José, October 21, 2021.- Microentrepreneurs in rural areas of Costa Rica will have resources for working capital and investment, as well as for loan restructurings to improve their liquidity thanks to a new disbursement of US$3 million made by the Central American Bank for Economic Integration (CABEI) to its financial ally Co-servers. These new funds, in addition to the US$4 million disbursed ...
Tegucigalpa October 27, 2021.- The Central American Bank for Economic Integration (CABEI) received a US$100.0 million disbursement from the U.S. Development Finance Corporation (DFC) to channel financing to micro, small, and medium-size enterprises (MSMEs) in Guatemala, El Salvador, and Honduras affected by the pandemic. CABEI Executive President, Dr. Dante Mossi, highlighted the importance of ...
Tegucigalpa, September 14, 2021 .- The Central American region will have the opportunity to strengthen its trade relations at the international level with the implementation of a Non-Reimbursable Technical Cooperation approved by the Central American Bank for Economic Integration and its extra-regional partner Korea under the Korea-CABEI Single Donor Trust Fund (KTF) in the amount of US$750,000. ...