San Salvador, March 18th, 2022.- The Central American Bank for Economic Integration (CABEI) and Banco CUSCATLAN of El Salvador formalized this Friday a global credit line for up to US$60.0 million to be made available to Salvadoran small and medium-sized enterprises (SMEs) affected by the COVID-19 pandemic. The financing under competitive credit conditions is expected to benefit more than 450 SMEs ...
Santo Domingo, March 9th, 2022.- With the commitment to support Dominican micro, small and medium-sized enterprises (MSMEs) in their economic reactivation after the crisis caused by the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) made its first disbursement to the country's private sector for US$255,504 under the Financial Sector Support Facility Program for the ...
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 ...
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 ...
Tegucigalpa, December 13, 2021.- To continue strengthening micro, small, and medium-size enterprises (MSMEs) and promote their competitiveness in Honduras Central American Bank for Economic Integration (CABEI) approved the extension of the global line of credit to the José María Covelo Foundation for US$2.5 million, for a total of US$5.0 million. The new resources will enable the institution to ...
Tegucigalpa, December 13, 2021.- In order to channel resources to micro, small, and medium-size enterprises (MSMEs) in Guatemala for their economic recovery and to enable them to implement environmental investments, the Central American Bank for Economic Integration (CABEI) approved a US$7 million global line of credit to Financiera Consolidada S.A. (COFINSA), an institution that is part of ...
Managua, November 18, 2021.- As part of its efforts to support micro, medium, and small enterprises (MSMEs) in Nicaragua's production and livestock sectors, the Central American Bank for Economic Integration (CABEI) approved a US$100,000 line of credit to the Caja Rural Regional R.L. Savings and Loan Cooperative (Cooperativa de Ahorro y Crédito Caja Rural Regional R.L., or COOCARUR). (COOCARUR). ...
Buenos Aires, November 15, 2021 - As part of the work agenda of the Central American Bank for Economic Integration (CABEI) in Argentina, the Bank met with the Innovar y Emprender Agency of the Province of Córdoba to explore new financing instruments for private sector companies in the country. CABEI Executive President Dante Mossi said, "As CABEI, we continue to support entrepreneurs in their ...