Tegucigalpa, April 26, 2023.- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at “AA”; with a stable outlook. According to JCR’s official statement, the Bank's credit rating is based on the solid support from its member countries, its preferred creditor status, and sound financial structure and ...
Panama City, April 26, 2023 .- On the eve of its next Ordinary Board of Governors Meeting and reaffirming its commitment to the social and economic development of its member countries, the Central American Bank for Economic Integration (CABEI) made the first disbursement of US$23.23.0 million, through an innovative partial payment accounts (PPAs) scheme, for the progress of works on the Beach ...
San José, April 26, 2023 - The Central American Bank for Economic Integration (CABEI) approved a credit line for US$150 million in order to continue supporting the Republic of Costa Rica's electrical sustainability and strengthen the service offered by the Costa Rican Electricity Institute (ICE). The funds will finance the working capital needs of the state-owned company, which will be able to use ...
Tegucigalpa, April 25, 2023.- CABEI became a member of the Transparency and Access to Information Network (RTA), an organization made up of different national and international institutions whose objective is to support the implementation of the right of access to information. Joining the RTA will allow the Bank to exchange knowledge, strengthen practices, generate lines of institutional ...
San Salvador, April 21th, 2023.- To address issues of interest to the country and follow up on important initiatives that have local and regional impact, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, met with the Vice President of the Republic, Félix Ulloa, during his official visit to El Salvador. One of the main topics was the progress of ...
Guatemala City, April 20, 2023.- It is estimated that 2,500 tons of solid waste are processed daily at the landfill in zone 3 of the capital, from the metropolitan area and 13 neighboring municipalities. This site is reaching its maximum handling capacity, requiring a comprehensive analysis and a long-term strategy to adequately manage waste and residues. To help solve this problem, the Central ...
San Salvador, April 21, 2023 - The Central American Bank for Economic Integration (CABEI), through its Social Support Foundation (FAS), signed a non-reimbursable financial cooperation agreement with the Republic of El Salvador to carry out the Bicentennial Scholarship Program, which aims to enhance social welfare and promote access to education for students beginning from the eighth grade of Basic ...
San José, February 28 th , 2023.- As part of a recognition of the effort and talent of young Costa Rican musicians who are admitted to world-renowned music schools, but do not have the resources to attend courses abroad, the Central American Bank for Economic Integration (CABEI), through its Social Support Foundation (FAS), approved up to US$200,000 to provide grants to students of the National ...
Panama City, April 12th, 2023.– Facilitating access to economic resources for women entrepreneurs in Panama and preserving more than 120 jobs, the Central American Bank for Economic Integration (CABEI) disbursed a total of US$17.2 million to its financial ally Global Bank Corporation. "Committed to ensuring gender equity in our region, as established in our 2020-2024 Institutional Strategy CABEI ...
San José, March 31st, 2023 - The Central American Bank for Economic Integration (CABEI) made a significant donation of $11,000 to the Costa Rican Red Cross, a private voluntary humanitarian organization that provides extra-hospital and emergency care, in order to strengthen social and community works and the health of more than 90,000 inhabitants of the San Ramón canton in Costa Rica's Alajuela ...