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 ...
Guatemala City, June 11, 2021.- A total of 454 companies, 93% of which are micro and small, have accessed financing from the Central American Bank for Economic Integration (CABEI), enabling them to obtain resources to cover the costs of their commercial operations, repay debt, and pay salaries and obligations to suppliers. Part of these business loans will be guaranteed by CABEI through the ...
Guatemala City, Guatemala, May 7, 2021.- A total of ten Guatemalan micro, small, and medium-sized enterprises (MIPYMEs) comprising 297 entrepreneurs were able to strengthen their technical and business skills during 2020, thanks to a US$50,000 grant from the Central American Bank for Economic Integration (CABEI) under the Central American MIPYME Business Idea Development and Acceleration ...
Santo Domingo, May 11, 2021.- The Central American Bank for Economic Integration (CABEI) signed a Memorandum of Understanding with the Dominican Development Foundation (FDD) on Wednesday to promote joint training and mentoring activities in the area of business and entrepreneurship for businesspeople, entrepreneurs and micro, small and medium-sized enterprises (MIPYMEs) in the Dominican Republic ...
San Salvador, April 19th, 2021.- The Central American Bank for Economic Integration (CABEI) advances in the development of financial solutions to support and reactivate micro, small and medium-sized tourism companies in the region. In a press conference, CABEI Director for El Salvador, Luis Rodríguez, announced the Regional Competitiveness and Sustainability Program for Tourism MIPYMEs (PROMITUR), ...
Buenos Aires, April 14th, 2021. During a presentation at the National University of San Martín campus, the Minister of Productive Development, Matías Kulfas, announced the "Pilot Program for the Digital Transformation of Argentine PYMES." The program has a credit granted by CABEI to the Argentine State to finance the technological infrastructure necessary for the productive sector's digital ...
San José, Costa Rica, March 3, 2021. - Nearly 1,200 jobs in Costa Rican Micro, Small and Medium-Sized Enterprises (MIPYMES) will be supported with a new disbursement made by the Central American Bank for Economic Integration (CABEI) as part of its Financial Sector Support Facility Program for MIPYMES Financing. The recently disbursed US$4 million to Coopeservidores will support approximately 150 ...
Santo Domingo, December 14, 2020.- The Central American Bank for Economic Integration (CABEI) approved a Global Credit Line to Banco Nacional de las Exportaciones, S.A. (Bandex) of the Dominican Republic for an amount of up to US$30.0 million with the objective of supporting the reactivation of the productive sectors and foreign trade through financial intermediation. Regarding this initiative, ...
Guatemala City, February 26, 2021 . The Central Americn Bank for Economic Integration (CABEI) through its Financial Sector Support Facility for the Financing of Micro, Small and Medium-Sized Enterprises (MIPYMES), approved a disbursement of US$1.0 million in Guatemala, with the objective of contributing to the adaptation, solvency and transformation of companies as part of their economic ...
Tegucigalpa, February 24, 2021.- The Central American Bank for Economic Integration (CABEI) has approved a Global Line of Credit to Banco Atlántida El Salvador, S.A. of the Republic of El Salvador for up to US$20 million. The availability of these resources will make it possible to finance operations within the framework of CABEI's different financial intermediation programs, with emphasis on ...