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 ...
Tegucigalpa, August 4, 2020.- The COVID-19 health crisis that is currently affecting a large part of the world hinders the living conditions of many people. To that end, the Central American Bank for Economic Integration (CABEI) decided to provide different donations to organizations focused on serving families at social risk in Panama. CABEI authorized a US$4,500.00 donation to Casa Hogar El Buen ...
Tegucigalpa, October 30, 2019.- Today, the Central American Bank for Economic Integration (CABEI) approved an increase in the global credit line of Banco Internacional de Costa Rica, S.A. (BICSA) of the Republic of Panama for an amount of up to US$34 million to finance projects under any of the CABEI financial intermediation programs; with the increase, the line reaches an amount of US$92 million. ...
Tegucigalpa, November 13th, 2020.- The Central American Bank for Economic Integration (CABEI) approved US$250 million as part of the Development Policy Operations Program (DPO) to the Republic of Panama to financially support the country in facing the economic crisis generated by the negative effects of the COVID-19 pandemic and to support the country's economic recovery. These fast-disbursing ...
Tegucigalpa, November 13th, 2020.- The Central American Bank for Economic Integration (CABEI), approved funding of up to US$150 million to the Republic of Panama to increase prevention and containment efforts of the COVID-19 pandemic in the country. One of the credit's objectives is to partially reimburse the expenditures made under the digital solidarity voucher for the vulnerable and affected by ...
Seúl, July 7 th, 2022.- With the objective of supporting road safety and reducing Panamanians' travel times, the Central American Bank for Economic Integration (CABEI) approved US$145 million to finance the "Beach Corridor Project," located in the district of La Chorrera. The development and improvement of this segment of the Pan-American Highway aims to support the progressive increase in traffic ...
Panama City, Panama, April 12, 2021 The Central American Bank for Economic Integration (CABEI) announced today that it will be executing a $630,000 non-reimbursable technical cooperation grant recently approved by the Republic of Korea within the Korea-CABEI Single Donor Trust Fund (KTF) framework to carry out studies to identify the feasibility of developing the Line 5 rail network the Panama ...
Panama City, October 28, 2021.- To support the actions of the Panamanian health sector in the containment and prevention of COVID-19 infection, the Central American Bank for Economic Integration (CABEI), through the CABEI-Korea Sole Donor Trust Fund (KTF), delivered 816,480 Korean KF94 masks to the Ministry of Health. This non-reimbursable technical cooperation is equivalent to US$330,000 and will ...
Panamá April 22- The Central American Bank for Economic Integration (CABEI) and the Banco Internacional de Costa Rica, S.A. (BICSA) , signed a Memorandum of Understanding this morning to establish the basis for providing financing for projects with the potential to promote integration and sustainable development in the region. CABEI's Executive President, Dr. Dante Mossi, and the President of ...
Panama City, November 27, 2020. The Central American Bank for Economic Integration (CABEI) has allocated close to US$1,160.0 million of its loan portfolio to finance educational and research projects, water and sanitation, road infrastructure, natural gas, economic measures against the COVID-19 Pandemic and development policies for the Republic of Panama. In a virtual press conference, CABEI's ...