Tegucigalpa, November 13th, 2020.- The Central American Bank for Economic Integration (CABEI) approved US$250 million as part of the Development Policy Operations Program (DPO) to the Republic of Panama to financially support the country in facing the economic crisis generated by the negative effects of the COVID-19 pandemic and to support the country's economic recovery. These fast-disbursing ...
Tegucigalpa, October 30, 2019.- Today, the Central American Bank for Economic Integration (CABEI) approved an increase in the global credit line of Banco Internacional de Costa Rica, S.A. (BICSA) of the Republic of Panama for an amount of up to US$34 million to finance projects under any of the CABEI financial intermediation programs; with the increase, the line reaches an amount of US$92 million. ...
Tegucigalpa, August 4, 2020.- The COVID-19 health crisis that is currently affecting a large part of the world hinders the living conditions of many people. To that end, the Central American Bank for Economic Integration (CABEI) decided to provide different donations to organizations focused on serving families at social risk in Panama. CABEI authorized a US$4,500.00 donation to Casa Hogar El Buen ...
Panama City, April 26, 2023 .- On the eve of its next Ordinary Board of Governors Meeting and reaffirming its commitment to the social and economic development of its member countries, the Central American Bank for Economic Integration (CABEI) made the first disbursement of US$23.23.0 million, through an innovative partial payment accounts (PPAs) scheme, for the progress of works on the Beach ...
Tegucigalpa, November 21, 2020.- As part of the progress of the Financial Sector Support Facility for the Financing of MIPYMEs in Panama, the Central American Bank for Economic Integration (CABEI) continues to positively impact the Panamanian Micro, Small and Medium Enterprises (MIPYMEs) affected by the COVID-19. To date, the Bank has disbursed a total of US$61.0 million to intermediary financial ...
Panama City, January 27 th , 2023 - Nearly 13,000 children studying at 26 Early Childhood Care Centers (CAIPI) in Panama will receive technical-scientific and artistic training from the preschool stage with the support of the Central American Bank for Economic Integration (CABEI), which granted non-reimbursable financial cooperation including US$475,000 for that purpose. The initiative, which ...
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 ...
Panama City, April 12th, 2023.– Facilitating access to economic resources for women entrepreneurs in Panama and preserving more than 120 jobs, the Central American Bank for Economic Integration (CABEI) disbursed a total of US$17.2 million to its financial ally Global Bank Corporation. "Committed to ensuring gender equity in our region, as established in our 2020-2024 Institutional Strategy CABEI ...
Panama City, November 14 th , 2022.- In order to support micro, small and medium-sized enterprises in their economic reactivation and finance their working capital, the Central American Bank for Economic Integration (CABEI) made a new disbursement of US$25 million to Internacional de Costa Rica, S.A. (BICSA). These resources will meet the needs of companies in the Republic of Panama involved in ...
Panama City, December 01, 2021.- In order to identify investment opportunities and strengthen ties between Central America and the United Kingdom, the Executive President of the Central American Bank for Economic Integration (CABEI) met in Panama with the Ambassador of the United Kingdom, Mr. Tim Stew, and the Trade Commissioner, Mr. Jonathan Knott. During the discussions, CABEI's Executive ...