Santo Domingo, September 21, 2021.- The Central American Bank for Economic Integration (CABEI) and Banco de Desarrollo y Exportaciones, S.A. (BANDEX) formalized today the previously approved Global Credit Line for up to US$30.0 million which will be available for financing, in dollars, to micro, small and medium-size companies at competitive rates of between 4.30% and 7%, depending on the risk ...
Guatemala City, September 21st, 2021.- In order to improve the wellbeing of family and business finances and encourage a change in financial decision-making behavior, Banco de Desarrollo Rural S.A. (BANRURAL), through a US$30,000 technical cooperation grant from the Central American Bank for Economic Integration (CABEI) and the European Union , designed and implemented the pilot phase of the ...
Tegucigalpa, September 14, 2021 .- The Central American region will have the opportunity to strengthen its trade relations at the international level with the implementation of a Non-Reimbursable Technical Cooperation approved by the Central American Bank for Economic Integration and its extra-regional partner Korea under the Korea-CABEI Single Donor Trust Fund (KTF) in the amount of US$750,000. ...
Panama City, September 7, 2021.- To address the financial needs of Panamanian micro, small and medium-sized enterprises (MSMEs), as well as to support them in recovering and protecting around 940 jobs, the Central American Bank for Economic Integration (CABEI), has disbursed US$61 million from August 2020 to date as part of its MSME Support Facility Program. "In the case of the MSME sector, CABEI ...
Managua, August 6, 2021.- Since the implementation of the Financial Sector Support Facility for MSME Financing in 2020 to the first half of this year, the Central American Bank for Economic Integration (CABEI) has granted around US$60 million in financing to Nicaraguan micro, small and medium-sized enterprises (MSMEs), protecting a total of 25,000 jobs. Of the funds channeled by CABEI through ...
Santo Domingo, July 21st, 2021.- With the aim of highlighting the impact of entrepreneurship and microfinance on the financial inclusion processes of vulnerable people and the economic dynamics of the Latin American region's countries, the CABEI-SOLIDARIOS Awards initiative was launched on Wednesday, sponsored by the Central American Bank for Economic Integration (CABEI). CABEI Executive ...
San José, July 20, 2021 - A total of 167 small Costa Rican companies, 33 micro and one medium-sized company have accessed financing from the Central American Bank for Economic Integration (CABEI) channeled through its commercial allies such as financial institutions. The resources requested by this productive sector since 2020 to date, which come from the Financial Sector Support Facility for the ...
Guatemala City, July 19th, 2021.- In order to support the implementation of modern, efficient and sustainable transportation, representatives of the private sector management of the Central American Bank for Economic Integration (CABEI) met with senior authorities of the Guatemala Municipality to discuss urban mobility alternatives to improve the movement of people in the capital city. One of ...
San Salvador, July 16, 2021 - With the objective of increasing support for the efforts of the Salvadoran Government in the economic recovery of micro, small and medium-sized enterprises (MSMEs) and the conservation of the jobs they generate, this Friday the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance signed an agreement for US$600 million for the ...
Tegucigalpa, July 20th, 2021.- The COVID-19 pandemic has affected the region's economy across the board, particularly the small and medium-sized entrepreneurs who are finding it difficult to access financial resources. In response to this situation, the Central American Bank for Economic Integration (CABEI) and UN Women through the Foreign Affairs and International Cooperation Ministry of the ...