Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. CABEI Executive ...
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 ...
Managua, October 25, 2021.- A total of 28,557 micro, small and medium-sized enterprise (MSME) jobs have been preserved and recovered during the last year and a half thanks to the support of the Central American Bank for Economic Integration (CABEI) and its Financial Sector Support Facility for MSME Financing , which has channeled US$66.8 million through its intermediary financial institutions. In ...
San José, October 21, 2021.- Microentrepreneurs in rural areas of Costa Rica will have resources for working capital and investment, as well as for loan restructurings to improve their liquidity thanks to a new disbursement of US$3 million made by the Central American Bank for Economic Integration (CABEI) to its financial ally Co-servers. These new funds, in addition to the US$4 million disbursed ...
Buenos Aires, October 18, 2021.- The Central American Bank for Economic Integration (CABEI) and the Republic of Argentina formalized the "Digital Transformation of SMEs" and "Strengthening Actions against Gender-Based Violence" programs for US$50 million each, with the aim of generating technological capacities in small and medium-sized Argentine companies, as well as promoting actions to protect ...
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 ...
Guatemala City, September 21st, 2021.- In order to improve the wellbeing of family and business finances and encourage a change in financial decision-making behavior, Banco de Desarrollo Rural S.A. (BANRURAL), through a US$30,000 technical cooperation grant from the Central American Bank for Economic Integration (CABEI) and the European Union , designed and implemented the pilot phase of the ...
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 ...
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 ...