Tegucigalpa. April 1, 2020.- During the March Board of Director's meeting, the Central American Bank for Economic Integration (CABEI) expressed its support for the opening of a CABEI office in Spain with the aim of strengthening its presence in Europe. Spain was the fifth non regional member country to join CABEI. Since its incorporation into the Bank in 2005, the Bank has managed approximately a ...
Tegucigalpa, April 01, 2020. The Board of Directors of the Central American Bank for Economic Integration (CABEI) expressed their support to the opening of a new office in the Republic of Korea with the purpose of fostering investment of the countries in the region, raising and mobilizing financial resources through the Asian markets, identifying potential partners and contributing to the ...
Tegucigalpa, April 02, 2020.- The Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, confirmed the arrival of 182,000 COVID-19 early detection tests to be immediately distributed to the countries of the region. Resources allocated to the initiative amount to up to US$2.1 million. The availability of the resources and prompt approval by the Bank's ...
San José, April 13, 2020. - The Central American Bank for Economic Integration (CABEI) granted non-reimbursable financial cooperation in the amount of US$95,000 to the Government of Costa Rica. The resources will be used by the Ministry of Justice and Peace to carry out pre-feasibility studies for the strengthening of its prison system, which in February 2020 registered an overcrowding of 31.64%. ...
Tegucigalpa, March 31, 2020.- As part of CABEI's commitment to reduce the environmental impact of the activities and operations carried out at its facilities, its Environmental Management System, which is certified under the international standard ISO 14001: 2015, has been successfully implemented at its Headquarters Building. In the framework of its Environmental Management System, six ...
Tegucigalpa, April 14, 2020.- In order to provide additional information to the public regarding the early detection tests for COVID-19 donated to the countries of the region, the Central American Bank for Economic Integration (CABEI) communicates the following: Following the meeting held on March 12, 2020 with the Presidents of the SICA countries to address the COVID-19 Pandemic, CABEI, committed ...
Tegucigalpa, April 17, 2020.- The Central American Bank for Economic Integration (CABEI) announces the conclusion of the process of definitive dissociation from the Agua Zarca project in Honduras. This puts an end to the process that started in 2016 when CABEI stopped disbursing funds to the project. The project left lessons learned that have translated into changes and adjustments to our ...
Tegucigalpa, April 20, 2020.– Amidst the ongoing COVID-19 Pandemic, the Central American Bank for Economic Integration (CABEI) has today officially increased its Authorized Capital by US$2 billion, from US$5 billion to US$7 billion. This 40% increase in CABEI’s Authorized Capital guarantees new paid-in capital installments for at least US$255 million by the Institution’s founding member countries. ...
Tegucigalpa, April 20, 2020.- Given recent news regarding the Donation of the COVID 19 Detection Test Kits to the countries of the SICA region, the Central American Bank for Economic Integration (CABEI) states the following Upon request for support made by the governments of the SICA countries to CABEI at the March 12, 2020 Presidents' Summit Meeting and concerned about the difficult situation ...
Tegucigalpa, April 21, 2020.- The Central American Bank for Economic Integration (CABEI) approved a contingency credit line for US$200 million to the Central Bank of Honduras (BCH). This is a revolving instrument aimed at strengthening BCH’s position and liquidity management capacity in the context of the health emergency caused by COVID-19. In particular, the resources will be used to strengthen ...