Tegucigalpa September 1, 2020.- The Board of Directors of the Central American Bank for Economic Integration (CABEI) approved the creation of a Guarantee Fund as a complementary financial instrument for credit risk coverage to implement the Financial Sector Support Facility for the Financing of MSMES affected by the COVID-19 crisis. Dr. Dante Mossi, CABEI’s Executive President, expressed his ...
Tegucigalpa, June 27th, 2022.- 99% of the nearly 1.6 million companies operating in the region are MSMEs; 83% micro and 16% small and medium enterprises. This important sector represents more than 65% of the economically active population and are the main employment generation source in the region, according to the Economic Impact Report on the COVID-19 pandemic effect on MSMEs in Central America ...
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, ...
Taipei, August 1st, 2022.- In order to support the region's countries in their economic recovery from the effects of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) and the Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) signed an agreement for the implementation of a regional program focused on supporting women's entrepreneurship and ...
Tegucigalpa August 28, 2020.- The Central American Bank for Economic Integration (CABEI) and the Republic of China (Taiwan) through the International Cooperation and Development Fund (TaiwanICDF) signed today two loan contracts to finance eligible operations under the Emergency Support and Preparedness Program for COVID-19 and Economic Reactivation approved by CABEI on March 31, 2020. The first ...
Tegucigalpa, October 15, 2020. – .- El Central American Bank for Economic Integration (CABEI) and the German Financial Cooperation , through KfW, signed a US$100.0 million loan agreement to finance eligible public and private sector operations in the Republics of Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama under the Program for Emergency Support and Preparedness for COVID-19 ...
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 ...
Guatemala, May 12th, 2022.- As of Thursday, individuals and legal entities, such as micro, small and medium-sized enterprises (MSMEs), will be able to access financing for working capital, electric mobility and housing through Financiera Consolidada S.A. (COFINSA), part of Corporación Multi Inversiones ( CMI), with which the Central American Bank for Economic Integration (CABEI) formalized a ...
Guatemala City, September 21st, 2021.- In order to improve the wellbeing of family and business finances and encourage a change in financial decision-making behavior, Banco de Desarrollo Rural S.A. (BANRURAL), through a US$30,000 technical cooperation grant from the Central American Bank for Economic Integration (CABEI) and the European Union , designed and implemented the pilot phase of the ...
Santo Domingo, September 21, 2021.- The Central American Bank for Economic Integration (CABEI) and Banco de Desarrollo y Exportaciones, S.A. (BANDEX) formalized today the previously approved Global Credit Line for up to US$30.0 million which will be available for financing, in dollars, to micro, small and medium-size companies at competitive rates of between 4.30% and 7%, depending on the risk ...