On Thursday July 21 2016, the Central American Bank for Economic Integration (CABEI) placed a bond in the Mexican capital markers under its Medium Term Note Program. CABEI placed MXN 2.1 billion (approx. USD 112.5 million); through the issuance of 3.5 year bonds with a floating rate of 8 basis points above the TIIE-28 benchmark. The auction had the participation of 20 institutional accounts, ...
Tegucigalpa, July 20, 2016. – The Executive Vice President of the Central American Bank for Economic Integration (CABEI), Attorney Alejandro Rodríguez Zamora, held a meeting at the Bank’s headquarters with the Director General of the Tropical Agricultural Research and Higher Education Center (CATIE), Dr. Muhammad Ibrahim. During the meeting, the two officials agreed to strengthen regional ...
Tegucigalpa, July 14, 2016.- The Central American Bank for Economic Integration (CABEI) signed a contract with Concesión Alto Magdalena, S.A.S to formalize its participation for up to US$136.0 million in a syndicated credit for the partial financing of the Honda-Puerto Salgar-Girardot road corridor in Colombia. A number of local Colombian financial institutions are also participating in the ...
Tegucigalpa. Honduras, July 13, 2016 Standard & Poor’s (S&P) revised its outlook on the Central American Bank for Economic Integration (CABEI) to positive from stable, while also affirming its ‘A’ and ‘A-1’ long- and short-term international credit ratings, respectively. According to the press release issued by S&P, the positive outlook reflects CABEI’s recent efforts in expanding its membership ...
Roatán, July 1, 2016.- The Central American Bank for Economic Integration (CABEI) has designed a series of programs, policies and strategies targeting the facilitation and promotion of international trade, explained José de Jesús Rojas, during the Regional Facilitation and Competitiveness Forum on “Challenges for Central America in the XXI Century,” which was held in Roatán, Honduras. The event ...
Tegucigalpa, June 30, 2016.- Today, the Central American bank for Economic Integration (CABEI) and the United Nations Food and Agriculture Organization (FAO) signed a memorandum of understanding to establish a strategic alliance in order to contribute to eradicating hunger, food insecurity and malnutrition and to replace rural poverty with socioeconomic development. The agreement was signed by ...
Tegucigalpa, June 30, 2016.- The President of the Central American Bank for Economic Integration (CABEI), Dr. Nick Rischbieth, was one of the invited speakers at a forum on “The Dry Corridor: Impacts and long term action priorities to increase food security and nutritional resilience,” organized by the United Nations Food and Agriculture Organization (FAO), the International Fund for Agricultural ...
Managua, June 29, 2016. - The Green MSME Initiative publicized its offering of financial solutions for the implementation of energy efficiency, renewable energy and environmental protection projects at the first symposium on “Opportunities for Businesses in Energy Efficiency, Renewable Energy and Cleaner Production.” The Green MSME Initiative is a mechanism established by CABEI with the financial ...
The Central American Bank for Economic Integration (CABEI) successfully issued a new fixed rate note with a notional amount of CHF200 million (equivalent to USD196 million), a tenor of 6.5 years and a coupon of 0.371% in the Swiss Market. This transaction is the first in the Swiss market from Latin America and from a Supranational during 2016. A very volatile market environment in 2016 did not ...
The Central American Bank for Economic Integration (CABEI) initiated its 2016 activities, having successfully concluded the first year of implementing its 2015-2019 Institutional Strategy, “Integrating Sustainable Development and Competitiveness.” In 2015, the Bank approved loans for US$1.86 billion and disbursed US$1.50 billion to the public and private sectors of the Central American region. 85% ...