Guatemala City, June 30th, 2022.- A total of 403 industrial, construction, manufacturing and real estate jobs in Guatemala were protected thanks to a new disbursement of US$18.5 million granted by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL). Of the total resources, US$13.5 million will be used to finance working capital for ...
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 ...
Guatemala City, April 28th, 2021.- The Central American Bank for Economic Integration (CABEI), through the Justice Sector Investment and Modernization Program, granted the first disbursement to the Republic of Guatemala in the amount of US$27.4 million, with which the Government Ministry (MINGOB) will initiate key investments to improve citizen security, crime prosecution and justice ...
Guatemala City, October 27, 2021.- As part of the "Prefeasibility Studies for the Guatemalan Segment of the Central American Freight Railroad Connection Project", it was concluded that its economic viability is generated when the freight railroad is operated simultaneously with the passenger train on double track. This is part of the scopes presented at the final seminar of the Knowledge Sharing ...
Guatemala City, January 25th, 2023.- To promote inclusive, quality education and generate better learning opportunities for Guatemalan children and youth, the Central American Bank for Economic Integration (CABEI) executed two important investment programs in educational infrastructure, improving the quality of life of 107,000 students in 16 of the country's departments. Under the educational ...
Tegucigalpa, December 13, 2021.- In order to channel resources to micro, small, and medium-size enterprises (MSMEs) in Guatemala for their economic recovery and to enable them to implement environmental investments, the Central American Bank for Economic Integration (CABEI) approved a US$7 million global line of credit to Financiera Consolidada S.A. (COFINSA), an institution that is part of ...
Guatemala City, June 11, 2021.- A total of 454 companies, 93% of which are micro and small, have accessed financing from the Central American Bank for Economic Integration (CABEI), enabling them to obtain resources to cover the costs of their commercial operations, repay debt, and pay salaries and obligations to suppliers. Part of these business loans will be guaranteed by CABEI through the ...
Buenos Aires, November 1st, 2022.- Reiterating its commitment to provide financial resources in a timely and effective manner for the benefit of the region's business sector, the Central American Bank for Economic Integration (CABEI) approved an increase of US$100 million in Banco Industrial 's Credit Line, bringing the total amount to US$150 million to finance small and medium-sized enterprises ...
Guatemala City, Guatemala, April 09, 2021.- Nearly 900 jobs in Guatemalan micro and small enterprises have been preserved through a disbursement granted by the Central American Bank for Economic Integration (CABEI) to BANRURAL for US$4.0 million under the MIPYME Financial Sector Support Facility Program. These resources granted in 2020 have had a positive impact on 373 companies located ...
Tegucigalpa Agust 25 , 2020.- The Board of Directors of the Central American Bank for Economic Integration (CABEI), in a session held today, elected Mr. Jaime Roberto Diaz Palacios as the new Executive Vice President of the Central American Bank for Economic Integration to hold the position for the next five years. The new Vice President of CABEI was elected pursuant to CABEI’s institutional ...