Managua, December 20, 2021 - A total of 10,454 housing solutions for Nicaraguan families in vulnerable conditions have been built to date with the implementation of 95% of the Social Interest Housing Construction and Improvement Program financed by the Central American Bank for Economic Integration (CABEI). Amilcar Ramos, one of the beneficiaries said that “having a house is a dream come true; we ...
Tegucigalpa, December 20, 2021 - During 2021, the risk rating agencies Standard & Poor's and Moody's confirmed the rating of the Central American Bank for Economic Integration (CABEI) at "AA" and "Aa3", respectively, maintaining a stable outlook. Since 2002, CABEI has had 18 credit rating upgrades, which has made it possible for CABEI to position itself as a bank of high financial quality, with ...
Buenos Aires, December 17, 2021.- The Central American Bank for Economic Integration (CABEI) participated as the main sponsor of a forum that brought together more than 500 of the country's entrepreneurs to celebrate the twentieth anniversary of the Unión Argentina de Jóvenes Empresarios (UNAJE). At the event, renowned figures from the world of technology, aerospace and biotechnology spoke about ...
Managua, December 17, 2021.- In solidarity and continued support for vulnerable populations in Nicaragua, the Central American Bank for Economic Integration (CABEI) donated US$5,000.00 to the Association of Burned Children of Nicaragua (APROQUEN), to benefit a total of 120 Nicaraguan children with various disabilities. CABEI's social and humanitarian work will strengthen specialized care for burn ...
Guatemala City, December 16, 2021.- In order to support productive sectors in their economic reactivation and finance their working capital, this Friday the Central American Bank for Economic Integration (CABEI) made a new disbursement of US$25 million to its strategic ally Banco de Desarrollo Rural (BANRURAL) in Guatemala. The new resources will be used to support companies in the commerce, ...
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 ...
Buenos Aires, December 14, 2021.- To ensure the execution and progress of the Strengthening of Protection Actions against Gender-Based Violence Program in the Republic of Argentina, the Central American Bank for Economic Integration (CABEI) made a first disbursement of US$9.6 million, of the total US$50 million for this initiative, which will be used to build, equip and improve Integral ...
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 ...
Tegucigalpa, December 16, 2021.- The strategic alliance between the Central American Bank for Economic Integration (CABEI) and the European Union (EU) continues to translate into positive impacts for the region. On this occasion, a non-reimbursable financial contribution agreement was signed for an amount of €4.9 million to develop technical assistance for the preparation of initiatives that ...
San Jose, December 15, 2021. The Central American Bank for Economic Integration (CABEI) and its financial ally Banco de Costa Rica formalized a new disbursement of US$5.2 million, reaffirming their commitment to support Costa Rican small and medium-size enterprises (SMEs) in their economic reactivation and personnel rehiring processes. It is expected that all these new resources, from CABEI's MSME ...