San José, April 21st, 2021. – Six of the ten works included in the Strategic Road Infrastructure Works Program financed by the Central American Bank for Economic Integration (CABEI) have already been completed in Costa Rica and four of them are advancing steadily, benefiting more than one million people. These are the bridge over the Virilla River on Route 1 (Alfredo González Flores), Route 147 ...
CABEI, the bridge between the Republic of Korea and Central America. Korea is CABEI’s most recent extra- regional member, having finalized its incorporation process in 2020. It is the extra-regional member with the second largest shareholding with 7.67%, a subscribed capital of USD630.00 million and capital contributions of USD33.75 million. The country actively supports Central America through ...
Get to know OFIC The Integrity and Compliance Office (OFIC) is responsible for administering and managing the risks of Money Laundering, and Terrorist Financing, Financing of the Proliferation of Weapons of Mass Destruction (ML/TF/FPWMD), Integrity and Sanctions in accordance with CABEI's guidelines, policies, procedures and tools, with the purpose of preventing and mitigating the effects that ...
Nicaragua is one of the founding members of CABEI since 1960, its shareholding is 10.79% with a subscribed capital of US$714.00 million. Currently, CABEI in the country has a portfolio of projects aimed to the public sector for an amount of US$1,6 billion and approvals for US$890.17 million. While in the private sector, the Support Facility for the Financial Sector for Financing MSMEs advances ...
CABEI reinforces its commitment to a sustainable planet. The Central American Bank for Economic Integration (CABEI) launches its Environmental and Social Strategy 2020-2024 , which will allow management aligned with the achievement of the Sustainable Development Goals and adheres to international standards. After a broad participatory process and consultation with different sectors and actors in ...
Tegucigalpa, April 21, 2022 - As a sign of its support for strengthening the equity of the Central American Bank for Economic Integration (CABEI), the Republic of Panama paid its second installment of capital related to the capital subscription made by Panama in the framework of the Bank's VIII General Capital Increase. On April 11, 2022, the Republic of Panama made a cash payment of US$3.2 ...
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 ...
Managua, April 8th, 2022. - To promote the country's economic development, the Central American Bank for Economic Integration (CABEI) and Banco FICOHSA Nicaragua Limited Liability Company renewed a US$20.0 million global credit line. With these resources channeled through its allied financial institution, it plans to support micro, small and medium-sized enterprises (MSMEs), as well as other key ...
San Jose, April 12th, 2022.- In order to promote projects under the Inclusive and Sustainable Urban Housing (VIUS) modality in Costa Rica on unused or underutilized land located in urbanized areas, the Architectural Competition was launched this Thursday to be part of the VUIS Model Compendium with the financial support of the Central American Bank for Economic Integration (CABEI). This is a joint ...
San Jose, April XX, 2022.- In line with its commitment to contribute to the reduction of emissions generated by private transportation, the Central American Bank for Economic Integration (CABEI) made the first disbursements aimed at financing private vehicles that use electric or hybrid technology. Disbursements totaled US$12.5 million; US$10,000 were channeled through Banco Promerica, US$1,500 ...