Tegucigalpa, April 24, 2020.- The Chief Economist Office of the Central American Bank for Economic Integration (CABEI) prepared the report denominated, "Economic Impact of COVID-19: An Analysis for Central America, Argentina, Colombia and Mexico," in order to quantify the effects on economic activity and public debt that countries could face in 2020. CABEI Executive President Dr. Dante Mossi ...
Tegucigalpa, April 21, 2020.- The Central American Bank for Economic Integration (CABEI) approved a contingency credit line for US$200 million to the Central Bank of Honduras (BCH). This is a revolving instrument aimed at strengthening BCH’s position and liquidity management capacity in the context of the health emergency caused by COVID-19. In particular, the resources will be used to strengthen ...
Tegucigalpa, April 14, 2020.- In order to provide additional information to the public regarding the early detection tests for COVID-19 donated to the countries of the region, the Central American Bank for Economic Integration (CABEI) communicates the following: Following the meeting held on March 12, 2020 with the Presidents of the SICA countries to address the COVID-19 Pandemic, CABEI, committed ...
Tegucigalpa, April 20, 2020.- Given recent news regarding the Donation of the COVID 19 Detection Test Kits to the countries of the SICA region, the Central American Bank for Economic Integration (CABEI) states the following Upon request for support made by the governments of the SICA countries to CABEI at the March 12, 2020 Presidents' Summit Meeting and concerned about the difficult situation ...
Tegucigalpa, April 20, 2020.– Amidst the ongoing COVID-19 Pandemic, the Central American Bank for Economic Integration (CABEI) has today officially increased its Authorized Capital by US$2 billion, from US$5 billion to US$7 billion. This 40% increase in CABEI’s Authorized Capital guarantees new paid-in capital installments for at least US$255 million by the Institution’s founding member countries. ...
Tegucigalpa, April 02, 2020.- The Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, confirmed the arrival of 182,000 COVID-19 early detection tests to be immediately distributed to the countries of the region. Resources allocated to the initiative amount to up to US$2.1 million. The availability of the resources and prompt approval by the Bank's ...
Tegucigalpa. April 1, 2020.- During the March Board of Director's meeting, the Central American Bank for Economic Integration (CABEI) expressed its support for the opening of a CABEI office in Spain with the aim of strengthening its presence in Europe. Spain was the fifth non regional member country to join CABEI. Since its incorporation into the Bank in 2005, the Bank has managed approximately a ...
Tegucigalpa, March 18, 2020.- In line with the international health emergency and through its contingency plans the Central American Bank for Economic Integration (CABEI) guarantees the protection of its employees, clients, suppliers and members. Until further notice, CABEI has implemented the temporary closure of its facilities. Likewise, it has set up teleworking systems and online meetings in ...
Tegucigalpa, March 16, 2020.- The Central American Bank for Economic Integration (CABEI), granted a non-reimbursable financial cooperation in the amount of up to US$8,000,000.00 million. The donation will be distributed as follows: US$1,000,000.00 for each of the eight countries of the Central American Integration System, which include Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, ...
Tegucigalpa, March 26, 2020.- This morning, the President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, held a meeting with Foreign Ministers and representatives of the instances of the Central American Integration System (SICA), in which he explained that the Bank has a financial program amounting to US$1.91 billion to face the health and economic crisis caused ...