Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) approved Banco Avanz S.A.'s first US$8.0 million Global Credit Line (GCL), adding to the US$168.8 million channeled through Nicaraguan banks during the first quarter of 2021. This approval will benefit 200 individuals, 37.5% of whom are women, as well as ten new legal entities that generate an average of 20 jobs ...
Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) today approved a $24.3 million extension to finance the "Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves" on Nicaragua's Caribbean Coast. This project consists of CABEI financing of $44.3 million and $37.9 million ...
Tegucigalpa, May 25, 2021.- In order to contribute to Nicaragua's economic growth and socioeconomic development, the Central American Bank for Economic Integration (CABEI) today approved a US$21.4 million extension to finance the "Project to Improve Puerto Corinto's Technical and Operational Capabilities" in Nicaragua, for a total of US$184.6 million, making it the largest investment in the ...
Managua, June 2, 2021.- Taking advantage of the visit to Nicaragua by CABEI Executive President Dante Mossi, CABEI formalized on Wednesday the financing contracts for US$100 million for the acquisition of vaccines against COVID-19 and US$18.5 million for the execution of "Tranche A" of the project that will strengthen the hospital service network. In addition to Mossi, the agreements were signed ...
Tegucigalpa, April 27, 2021.- A total of 6.86 million vaccines against COVID-19, equivalent to the vaccination of 3.27 million Nicaraguans, will be purchased with US$100.0 million in financing approved by the Central American Bank for Economic Integration (CABEI) for the Republic of Nicaragua. This operation will cover 69.2% of the population prioritized in the implementation of the country's ...
Santo Domingo, December 15, 2020.- The Central American Bank for Economic Integration (CABEI) today approved funding for a total amount of US$84.0 million to the Republic of Nicaragua for the implementation of the Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves. Resources from a CABEI loan and a Green ...
Tegucigalpa, October 15, 2019.- The Central American Bank for Economic Integration (CABEI) presented the results obtained from its Educational Credit Program (PBCE), which is financed with reimbursable and non-reimbursable resources from CABEI and the International Cooperation and Development Fund of the Republic of China Taiwan (TaiwanICDF). The program aims to support human capital formation by ...
Managua, October 9, 2019.- The Central American Bank for Economic Integration (CABEI), which is the most relevant multilateral development organization for the region, began the construction of its new building in the city of Managua. The new building will be located in Distrito # 1, Camino Viejo to Santo Domingo, Municipality of Managua and was designed in compliance with environmental standards, ...
Tegucigalpa, August 31 2022 – As a sign of its support to the equity strengthening of the Central American Bank for Economic Integration (CABEI), the Republic of Nicaragua has made the advance payment of its third share of capital linked to the capital subscription made by that country within the framework of the Eighth General Capital Increase of the Bank. On August 30, 2022, the Republic of ...
Managua, March 16th, 2022.- The Central American Bank for Economic Integration (CABEI) inaugurated the new facilities of its representative office in Nicaragua with a highly modern infrastructure designed to obtain Leadership in Energy and Environmental Design (LEED) gold certification. The new building in this founding member country has an area of 4,391.68 square meters of construction and ...