Tegucigalpa, Honduras, March 8, 2019 – Standard & Poor's (S&P) upgraded the long-term international credit rating of the Central American Bank for Economic Integration (CABEI) by two notches from A + to AA; with a stable outlook. According to the official statement issued by the rating agency, the aforementioned upgrade results from the solid preferred creditor treatment that member countries ...
Tegucigalpa, March 6, 2019 – In line with its financing strategy based on market and currency diversification, CABEI began the year with the placement of notes in the Swiss and Uruguayan markets with a total amount equivalent to US$250 Million. The first issue took place on February 15 in Uruguay, with an inflation linked note of the country for an amount of UYU 1,631.5 Million, equivalent to ...
Tegucigalpa, February 28, 2019.- The Central American Bank for Economic Integration (CABEI) approved a US$50 million loan to the Panamanian electric transmission company denominated, "Empresa de Transmisión Eléctrica, S.A. (ETESA)." The objectives of this operation involve providing additional short-term resources to meet ETESA's priority investment needs by accelerating the start of activities ...
Tegucigalpa, February 27, 2019.- "The Mirador-Calakmul basin" in Petén, Guatemala is more than an environmental marvel; it is also the cradle of one of the largest ancient societies in the world; and home to many of the most booming Mayan cities with an impressive ancient architecture, among other cultural remains. In order to generate knowledge and awareness on the importance of this cultural ...
San José, February 19, 2019.- The Central American Bank for Economic Integration (CABEI) and Banco de Costa Rica (BCR) signed a transaction of US$100 million under the modality of global credit line. The resources will be destined to working capital and boosting Costa Rican productive sectors; this is the largest disbursement that the Bank has granted in the Costa Rican financial system. These ...
San José, February 22, 2019.- Electromobility represents a great opportunity for Central America due to its electric power generation capacity based on the renewable sources that exist in the region. Each Central American country has taken considerable steps in the decarbonisation of economies and the creation of sustainable environmentally friendly alternatives within its energy generation and ...
Madrid, February 22, 2019.- The announcement of investment for an amount of 80 million euros to promote exports and imports of Spanish companies in the member countries of the Central American Bank for Economic Integration (CABEI), as well as increasing the development of renewable energy are some of the main results of the work tour carried out in Spain by CABEI Executive President, Dr. Dante ...
Tegucigalpa, February 22, 2019.- The Central American Bank for Economic Integration (CABEI) and the Spanish Official Credit Institute (ICO) signed a loan agreement for an amount of up to the equivalent in dollars of EUR 80 million, which will be aimed at financing investment and liquidity operations to promote exports and imports of Spanish companies in the Bank's member countries. The contract, ...
Tegucigalpa, February 21, 2019.- As part of the working tour of the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, today in Madrid, Spain, a memorandum of understanding was signed with the Spanish Development Finance Institution (COFIDES) to link and strengthen the processes in order to boost foreign trade. Through the agreement, both ...
Tegucigalpa, February 14, 2019.- Today, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, begins a visit tour that aims to achieve greater rapprochement with several multilateral organizations and development financial institutions based in the United States and Europe. The work tour will formally begin this Thursday with a series of meetings ...