Santo Domingo, December 14, 2020.- The Central American Bank for Economic Integration (CABEI) approved a Global Credit Line to Banco Nacional de las Exportaciones, S.A. (Bandex) of the Dominican Republic for an amount of up to US$30.0 million with the objective of supporting the reactivation of the productive sectors and foreign trade through financial intermediation. Regarding this initiative, ...
Tegucigalpa, June 27th, 2022.- 99% of the nearly 1.6 million companies operating in the region are MSMEs; 83% micro and 16% small and medium enterprises. This important sector represents more than 65% of the economically active population and are the main employment generation source in the region, according to the Economic Impact Report on the COVID-19 pandemic effect on MSMEs in Central America ...
Tegucigalpa September 1, 2020.- The Board of Directors of the Central American Bank for Economic Integration (CABEI) approved the creation of a Guarantee Fund as a complementary financial instrument for credit risk coverage to implement the Financial Sector Support Facility for the Financing of MSMES affected by the COVID-19 crisis. Dr. Dante Mossi, CABEI’s Executive President, expressed his ...
Santo Domingo, June 8th, 2023 - In support of the productive sectors in their economic reactivation and in strengthening their working capital, the Central American Bank for Economic Integration (CABEI) recently disbursed US$2.0 million to its strategic ally Banco de Desarrollo y Exportaciones (BANDEX), funds that will be channeled through Banco de Ahorro y Crédito FONDESA, S.A. (BANFONDESA). ...
Guatemala City, February 26, 2021 . The Central Americn Bank for Economic Integration (CABEI) through its Financial Sector Support Facility for the Financing of Micro, Small and Medium-Sized Enterprises (MIPYMES), approved a disbursement of US$1.0 million in Guatemala, with the objective of contributing to the adaptation, solvency and transformation of companies as part of their economic ...
Tegucigalpa, February 24, 2021.- The Central American Bank for Economic Integration (CABEI) has approved a Global Line of Credit to Banco Atlántida El Salvador, S.A. of the Republic of El Salvador for up to US$20 million. The availability of these resources will make it possible to finance operations within the framework of CABEI's different financial intermediation programs, with emphasis on ...
Seoul, July 7th, 2022.- To promote the productive sectors, foreign trade, and micro, small, and medium-sized enterprises (MSMEs) in Honduras, the Central American Bank for Economic Integration (CABEI) increased its Global Credit Line (GCL) to Banco del País, S.A. (BANPAIS) by US$15.0 million, for a total of up to US$100.0 million. The credit line will provide financing on favorable terms for ...
Tegucigalpa, February 20th, 2024.- With the firm purpose of boosting the region's business fabric by facilitating credit resources for small and medium-sized businesses, the Central American Bank for Economic Integration (CABEI) approved an increase of US$8 million to the Global Line of Credit of Financiera Consolidada, S.A. (COFINSA), of Corporación Multi Inversiones (CMI) Capital, reaching a ...
San Salvador, April 19th, 2021.- The Central American Bank for Economic Integration (CABEI) advances in the development of financial solutions to support and reactivate micro, small and medium-sized tourism companies in the region. In a press conference, CABEI Director for El Salvador, Luis Rodríguez, announced the Regional Competitiveness and Sustainability Program for Tourism MIPYMEs (PROMITUR), ...
Tegucigalpa, December 2 nd , 2022.- The Central American Bank for Economic Integration (CABEI), through the Social Support Foundation (FAS), made its first disbursement of US$73,350.00 to Solidarios Consejo de Fundaciones Americanas de Desarrollo for the implementation of the CABEI-Solidarios a la Microempresa Program. "With this action, we reiterate CABEI's commitment to develop programs that ...