San Salvador, January 13, 2022.- A new disbursement of US$100.9 million from the Program to Support Economic Recovery Measures Implemented to Benefit Businesses and Employment Affected by COVID-19 was made by the Central American Bank for Economic Integration (CABEI) to support 78,781 micro, small and medium-sized enterprises (MSMEs) affected by the pandemic. With this third amount, CABEI ...
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 ...
Tegucigalpa October 27, 2021.- The Central American Bank for Economic Integration (CABEI) received a US$100.0 million disbursement from the U.S. Development Finance Corporation (DFC) to channel financing to micro, small, and medium-size enterprises (MSMEs) in Guatemala, El Salvador, and Honduras affected by the pandemic. CABEI Executive President, Dr. Dante Mossi, highlighted the importance of ...
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 ...
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 ...
San Salvador, January 31, 2022.- The Central American Bank for Economic Integration (CABEI) made a new disbursement of US$10.0 million to Banco Hipotecario de El Salvador (BH) to reaffirm its commitment to support micro, small and medium-sized Salvadoran enterprises in their economic reactivation following the crisis caused by the COVID-19 pandemic. This financial facility, part of CABEI's ...
Tegucigalpa, January 20, 2022.- The measures taken in the different countries to prevent the spread of COVID-19 had adverse effects on their economies, reflected in lower sales, business closures, layoffs, and loss of income in various sectors, such as micro, small, and medium-sized enterprises (MSMEs). In response to their needs and aware that this sector represents a strong driving force in the ...
Tegucigalpa, January 24, 2022.- The Central American Bank for Economic Integration (CABEI) approved a US$60.0 million line of credit to Banco Cuscatlán de El Salvador to promote the economic reactivation of micro, small and medium-sized enterprises (MSMEs) and enhance the competitiveness of the business sector. This approval will benefit more than 450 companies, preserving approximately 16,900 ...
Buenos Aires, November 15, 2021 - As part of the work agenda of the Central American Bank for Economic Integration (CABEI) in Argentina, the Bank met with the Innovar y Emprender Agency of the Province of Córdoba to explore new financing instruments for private sector companies in the country. CABEI Executive President Dante Mossi said, "As CABEI, we continue to support entrepreneurs in their ...
