Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) approved Banco Avanz S.A.'s first US$8.0 million Global Credit Line (GCL), adding to the US$168.8 million channeled through Nicaraguan banks during the first quarter of 2021. This approval will benefit 200 individuals, 37.5% of whom are women, as well as ten new legal entities that generate an average of 20 jobs ...
Tegucigalpa, June 28, 2021.- The Central American Bank for Economic Integration (CABEI) and the Institutional Stock Exchange (VIVA) today made the "BIVA Shout" for the successful placement of CABEI's COVID-19 Social Recovery and Reactivation Bond in the Mexican market and worldwide, which reached multiple milestones by becoming the largest social bond issue in Mexico and at the lowest cost in the ...
Tegucigalpa September 15 th 2021.- The Central American Bank for Economic Integration (CABEI) achieved a milestone by becoming the first Multilateral Development Bank to to issue a social Bond in the Swiss market. This social bond issuance amounted CHF200 million equivalent to US$218 million, and a 10 year tenor. A wide range of investors participated in this transaction such as Asset managers, ...
Guatemala City, December 7, 2021.- In order to guarantee adequate care for the Guatemalan population affected by COVID-19, and to protect the Public Health and Social Assistance Ministry's personnel from possible contagion, this Tuesday the Central American Bank for Economic Integration (CABEI) formalized two donations to the Public Health and Social Assistance Ministry. One for US$500,000 for ...
Tegucigalpa, July 20th, 2021.- The COVID-19 pandemic has affected the region's economy across the board, particularly the small and medium-sized entrepreneurs who are finding it difficult to access financial resources. In response to this situation, the Central American Bank for Economic Integration (CABEI) and UN Women through the Foreign Affairs and International Cooperation Ministry of the ...
San Jose, December 15, 2021.- Less than 24 hours after receiving the approval of the Costa Rican Congress for the US$80 million financing for the acquisition, equipment and application of COVID-19 vaccines in the country, the Central American Bank for Economic Integration (CABEI) disbursed more than 86% of the funds. This US$69.4 million will enable the government to replace the source of ...
San José, October 28, 2021.- In order to confront the spread of the pandemic caused by COVID-19 in Costa Rica and to protect Ministry of Health personnel, this Thursday the Central American Bank for Economic Integration (CABEI) and the Republic of Korea, through the CABEI-Korea Sole Donor Trust Fund (KTF), formalized the donation of 816,480 Korean KF-94 masks to the National Risk Prevention and ...
San José, March 18, 2021. - As part of the support provided by the Central American Bank for Economic Integration (CABEI) to its member countries in the containment of the pandemic and economic recovery, this Thursday the Republic of Costa Rica received a new donation for US$500 thousand. The resources of this non-refundable financial cooperation will be transferred in a single tranche to the ...
Tegucigalpa, November 2nd, 2020.- In an adverse context, marked by the pandemic, the social and economic crisis, the region has come closer to achieving its longstanding goal of integration, which has led to greater economic growth in the last five years in contrast to other economic blocks. This was stated by CABEI's Executive President, Dr. Dante Mossi, during the virtual launch for the report's ...
Tegucigalpa August 25, 2020. - The Board of Directors of the Central American Bank for Economic Integration (CABEI) approved today the signing of two loan contracts for an aggregate amount of US$130.0 million with the International Cooperation and Development Fund (TaiwanICDF) of the Republic of China (Taiwan). The resources of both contracts will be used to finance eligible operations under the ...