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, May 25, 2021.- In order to contribute to Nicaragua's economic growth and socioeconomic development, the Central American Bank for Economic Integration (CABEI) today approved a US$21.4 million extension to finance the "Project to Improve Puerto Corinto's Technical and Operational Capabilities" in Nicaragua, for a total of US$184.6 million, making it the largest investment in the ...
Santo Domingo, December 15, 2020.- The Central American Bank for Economic Integration (CABEI) today approved funding for a total amount of US$84.0 million to the Republic of Nicaragua for the implementation of the Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves. Resources from a CABEI loan and a Green ...
Tegucigalpa, August 31 2022 – As a sign of its support to the equity strengthening of the Central American Bank for Economic Integration (CABEI), the Republic of Nicaragua has made the advance payment of its third share of capital linked to the capital subscription made by that country within the framework of the Eighth General Capital Increase of the Bank. On August 30, 2022, the Republic of ...
Managua, March 16th, 2022.- The Central American Bank for Economic Integration (CABEI) inaugurated the new facilities of its representative office in Nicaragua with a highly modern infrastructure designed to obtain Leadership in Energy and Environmental Design (LEED) gold certification. The new building in this founding member country has an area of 4,391.68 square meters of construction and ...
Managua, March 16th, 2021.- The effects of the global economic recession that impacted trade, tourism and employment in 2020, as well as the robust recovery registered in 2021 and the challenges currently facing the region with the increase in international commodity prices and persistent rises in inflation rates are some of the results of the “ Central America and the Pandemic: Economic Impact of ...
Tegucigalpa, April 11, 2019.- Today, the Central American Bank for Economic Integration (CABEI) presented the Master Plan for Trinational Investment and Economic Development Projects for the Gulf of Fonseca, which will serve as an instrument for planning, negotiation and coordination among the three countries. The event was attended by Honduran President, Attorney Juan Orlando Hernández; CABEI ...
Tegucigalpa, June 29, 2021.- A total of 430,396 inhabitants of the cities of Managua, Tipitapa and Ciudad Sandino will improve their quality of life through access to potable water and proper wastewater management as part of the "Lake Managua South Shore Sanitation Program," approved by the Central American Bank for Economic Integration (CABEI) for US$151.4 million. By 2033, it is projected that ...
Managua, November 15 th , 2022. - Through the signing of a memorandum of understanding between the Central American Bank for Economic Integration (CABEI) and the Republic of Nicaragua, a general framework for collaboration will be created to facilitate the potential development of maritime and land infrastructure at the national level. According to the memorandum, CABEI and the Nicaraguan Ministry ...
Managua, July 7th, 2022 .- A total of 50 children and young people with diabetes will be able to improve their quality of life by receiving a periodic replacement kit that will enable them to monitor their blood glucose levels, thanks to a US$5,000 donation made by the Central American Bank for Economic Integration (CABEI) to the Nicaraguan Association of Parents of Diabetic Children and Youth ...