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, 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 ...
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 ...
San José, August 06, 2020.- The recent approval of the Development Policy Operations Program (OPD) for US$250 million, plus an additional US$50 million from the Central American Bank for Economic Integration (CABEI) Regional COVID-19 Support, Preparedness and Economic Reactivation Program enabled Costa Rica to create a National Endorsement and Guarantees Fund for the economic reactivation of the ...
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 José, December 13 th , 2022 - The five winning proposals of the " From Waste to Value: A Challenge for Bioproducts" innovation contest, focused on the identification and selection of technological developments with high potential to become bioproducts based on the use of waste, which was sponsored with US$25,000 by the Central American Bank for Economic Integration (CABEI), the European Union, ...
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, 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 ...
San Jose, June 30th, 2022.- Flor Franco, in addition to being the owner of the Leño y Carbón restaurant, is one of the 817 micro, small and medium-sized enterprises (MSMEs) that have benefited in Costa Rica through the Central American Bank for Economic Integration's (CABEI) Financial Sector Support Facility for MSME Financing. Their business is made up of 24 workers who kept their jobs during the ...
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 ...