Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) approved Banco Avanz S.A.'s first US$8.0 million Global Credit Line (GCL), adding to the US$168.8 million channeled through Nicaraguan banks during the first quarter of 2021. This approval will benefit 200 individuals, 37.5% of whom are women, as well as ten new legal entities that generate an average of 20 jobs ...
Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) today approved a $24.3 million extension to finance the "Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves" on Nicaragua's Caribbean Coast. This project consists of CABEI financing of $44.3 million and $37.9 million ...
Tegucigalpa, May 25, 2021.- In order to contribute to Nicaragua's economic growth and socioeconomic development, the Central American Bank for Economic Integration (CABEI) today approved a US$21.4 million extension to finance the "Project to Improve Puerto Corinto's Technical and Operational Capabilities" in Nicaragua, for a total of US$184.6 million, making it the largest investment in the ...
Managua, June 2, 2021.- Taking advantage of the visit to Nicaragua by CABEI Executive President Dante Mossi, CABEI formalized on Wednesday the financing contracts for US$100 million for the acquisition of vaccines against COVID-19 and US$18.5 million for the execution of "Tranche A" of the project that will strengthen the hospital service network. In addition to Mossi, the agreements were signed ...
Tegucigalpa, June 29, 2021.- A total of 430,396 inhabitants of the cities of Managua, Tipitapa and Ciudad Sandino will improve their quality of life through access to potable water and proper wastewater management as part of the "Lake Managua South Shore Sanitation Program," approved by the Central American Bank for Economic Integration (CABEI) for US$151.4 million. By 2033, it is projected that ...
Tegucigalpa, August 31, 2021.- On Tuesday, the Central American Bank for Economic Integration (CABEI) approved technical cooperation in the amount of US$1.2 million to the Republic of Nicaragua for the preparation of social and environmental technical studies and the final design of works for the supply of continuous and quality drinking water to 12 rural communities in Leon, 4 in Morrito, and 12 ...
Tegucigalpa, October 27, 2021.- To prepare seven feasibility studies to support Honduras and Nicaragua in expanding and strengthening their electricity transmission systems, the Central American Bank for Economic Integration (CABEI) approved non-reimbursable technical cooperation in the amount of US$1.4 million to finance them. The Technical Cooperation will be carried out in three stages. The ...
Managua, July 14, 2021.- Promoting the economic and social development of more than 2.2 million Nicaraguans, the Central American Bank for Economic Integration (CABEI) is executing nine road construction, expansion and rehabilitation programs and projects. CABEI initiatives totaling US$1.188 billion allow for the integration of productive regions, accessibility, and transportation at the local and ...
Tegucigalpa, August 12 2021.- On Wednesday, the Central American Bank for Economic Integration (CABEI) and the Green Climate Fund (GCF) signed a US$64.1 million financing agreement for the Bio-CLIMA Project to promote forest conservation and restoration in the Bosawás nature reserve and the San Juan River biosphere in Nicaragua. The total cost of the project is US$116.6 million; the GCF will ...
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 ...
