Tegucigalpa.- The Central American Bank for Economic Integration (CABEI) granted a partial credit guarantee of US$1,000,000 to Banco Atlantida SA to finance the Zingüizapa Hydroelectric Project, located in the Department of Francisco Morazán, Honduras. The project involves the installation of 2.9 MW and will contribute to an annual reduction of greenhouse gas emissions of about 10,703 tons of CO2. ...
San José, Costa Rica. - The Central American Bank for Economic Integration (CABEI), through its Central American Markets for Biodiversity (CAMBio) Project, gave an awards amounting to US$28,506.44 for biodiversity-friendly small and medium enterprises in Costa Rica. The awards were presented by the Cooperativa de Ahorro y Crédito y Servicios Múltiples Alianza de Pérez Zeledón R.L. (COOPEALIANZA), ...
Roatán, Honduras.- The successful perfomance of the Central Amrican Bank for Economic Integration (CABEI) during 2011 led to the investment of US$1.63 billion in the region to promote its economic and social development. The implementation of the Bank's 2010-2014 Institutional Strategy, "Competitiveness with Social Integration and Development", achieved highly satisfactory levels of developmental ...
The policy of Institutional Social Responsibility of the Central American Bank for Economic Integration (CABEI) seeks to encompass all areas, from human/social and environmental to economic. In this framework, CABEI made a noteworthy contribution to the educational program "Donate a Classroom," an initiative sponsored by Channel 10 TV and La Tribuna newspaper in Honduras. The Bank’s contribution ...
An analysis of the current risk management situation in Central American was the central theme of an interesting regional workshop entitled "Promoting integral risk management in the Central American agricultural sector," which was held at the headquarters of the Central American Bank for Economic Integration (CABEI) in Tegucigalpa. Over 20 participants, including representatives from the ...
The Banco de la Nacion Argentina (BNA) has joined CABEI’s program, Initiative to Facilitate International Trade (IFACIL1) as a confirming bank. In a ceremony held yesterday in the city of San Salvador, Raúl Castaneda, CABEI Manager of the El Salvador Regional Office and Jorge Rossi, a BNA representative, formalized the agreement affiliating the state-owned Argentine bank with the IFACIL ...
A US$1,000,000.00 CABEI donation will finance the "Support for the Presidency of the Republic Program," which aims to strengthen and equip the country with the necessary technical tools to achieve the goals of the 2012-2016 Government Plan entitled "National Agenda for Change." During the agreement signing ceremony formalizing the cooperation, CABEI Executive President Dr. Nick Rischbieth noted ...
Today the Central American Bank for Economic Integration (CABEI) signed a US$100 million Credit Line for Liquidity Contingencies contract with the Salvadoran Central Reserve Bank. The credit line will make it possible to cover any liquidity needs of the Deposit Guarantee Institute (IGD1) in the event that the use of its resources is required. The credit line falls under the framework of the Credit ...
To collaborate in the preservation and improvement of urban green areas, a group of volunteers from the Central American Bank for Economic Integration (CABEI) participated in a tree planting day in the Brasil de Mora area of Ciudad Colón. They planted endangered species that are native to the area, such as yellow bark and black bark trees. The activity is part of CABEI’s Institutional ...
In order to provide the region’s countries with favorable financial conditions for financing projects of Small and Medium Enterprises (SMEs) through the regional banking system, CABEI has signed a new US$20 million loan with the OPEC Fund for International Development (OFID). For nearly a decade, CABEI and OFID have maintained a credit relationship, specifically for financing Central American ...