San José, March 13 , 2024. - In order to train a total of 200 Grupo Mutual employees in Costa Rica in sustainable construction, the Central American Bank for Economic Integration (CABEI), through the Green MSMEs II Initiative, with the financial support of the German government through KfW and the European Union (EU), signed a US$10,000 non-reimbursable technical cooperation agreement with this ...
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, July 6, 2021.- The Central American Bank for Economic Integration (CABEI) granted a new disbursement of US$5 million to Banco de Desarrollo Rural (BANRURAL) in order to continue supporting economic reactivation in the region and provide financial resources on favorable terms for micro, small and medium-size enterprises (MSMEs). These new resources are in addition to the US$17 ...
San José, July 1st, 2022 - In order to contribute to the decarbonization of the transportation sector in Costa Rica and the region, the Central American Bank for Economic Integration (CABEI), the European Union, through its Latin American Investment Facility (LAIF), and the Government of Germany through KfW, are sponsoring through the Green MSMEs II Initiative , the "San José 2022 Electric ...
Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. CABEI Executive ...
Punta Cana, May 9th, 2023 - The Central American Bank for Economic Integration (CABEI) and the Development Finance Corporation (DFC) are planning to boost economic growth and competitiveness by strengthening Belize' s business fabric with the opening of a US$2.5 million Global Credit Line (GCL) that is expected to benefit more than 5,000 individuals and 200 companies, as well as organizations with ...
San Jose, April 19, 2022.- Nearly 2,000 micro, small, and medium-size enterprise (MSME) jobs will be created and safeguarded in Costa Rica with financial support from the Central American Bank for Economic Integration (CABEI), which disbursed more than US$20 million to its intermediary financial institutions Coopeservidores, Promerica, BCT, Financiera CAFSA, and Davivienda. The funds, which are ...
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 ...
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 ...
Guatemala City, June 29th, 2022.- As a result of access to credit on favorable terms and having a complementary banking product to support such financing, in the last two years 2,258 Guatemalan micro and small businesses have continued to operate despite the adverse effects of the pandemic, managing to meet their obligations and protecting more than 8,500 jobs in rural and urban Guatemala. This ...