San Salvador, September 2022. In order to contribute to the promotion of innovation, entrepreneurship and participate in socioeconomic development and poverty reduction, the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the government of Germany, through KfW, consolidated an important support of US$9,539,171.30 in loans to 175 Salvadoran MSMEs, which ...
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 ...
Managua, 9 March 9th, 2021.- The Central American Bank for Economic Integration (CABEI) continues to support the financial sustainability of Nicaraguan MIPYMEs affected by COVID-19. Since the implementation of the Financial Sector Support Facility for financing MIPYMEs to date, the Bank has placed a total of US$48.5 million in intermediary financial institutions. In 2020, intermediary financial ...
Managua, November 18, 2021.- As part of its efforts to support micro, medium, and small enterprises (MSMEs) in Nicaragua's production and livestock sectors, the Central American Bank for Economic Integration (CABEI) approved a US$100,000 line of credit to the Caja Rural Regional R.L. Savings and Loan Cooperative (Cooperativa de Ahorro y Crédito Caja Rural Regional R.L., or COOCARUR). (COOCARUR). ...
Tegucigalpa, June 03, 2022.- The Central American Bank for Economic Integration (CABEI) approved an interest rate adjustment mechanism that will allow it to place funds, through its Intermediary Financial Institutions (IFIS) network, at concessionary costs, enabling it to reach final beneficiaries with preferential, accessible and competitive financial conditions. With this initiative, CABEI seeks ...
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, ...
Taipei, August 1st, 2022.- In order to support the region's countries in their economic recovery from the effects of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) and the Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) signed an agreement for the implementation of a regional program focused on supporting women's entrepreneurship and ...
Tegucigalpa August 28, 2020.- The Central American Bank for Economic Integration (CABEI) and the Republic of China (Taiwan) through the International Cooperation and Development Fund (TaiwanICDF) signed today two loan contracts to finance eligible operations under the Emergency Support and Preparedness Program for COVID-19 and Economic Reactivation approved by CABEI on March 31, 2020. The first ...
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, June 4, 2021 - In order to increase the financial inclusion of women in the face of the crisis generated by the pandemic, the Central American Bank for Economic Integration (CABEI) and UN Women, through the Women, Local Economy and Territories Program (MELYT), financed by the Italian Agency for Development Cooperation (AICS), signed a non-refundable financial contribution agreement ...