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 ...
Managua, October 6, 2020. The Central American Bank for Economic Integration (CABEI) continues to leave its mark on the region, positively impacting the economic and social development of its partner countries. Thanks to the management and support of the multilateral institution, millions of people in Nicaragua continue to improve their quality of life through financing amounting to US$2,818.22 ...
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, January 26th, 2023 - A total of fourteen Nicaraguan schools located in municipalities in the departments of Managua, Masaya, Jinotega, Madriz, Nueva Segovia, Río San Juan and the Autonomous Regions of the North Caribbean Coast (RACCN for its name in Spanish) and South Caribbean Coast (RACCS for its name in Spanish) are being improved and equipped for the benefit of 5,860 students at ...
Tegucigalpa, April 27, 2021.- A total of 6.86 million vaccines against COVID-19, equivalent to the vaccination of 3.27 million Nicaraguans, will be purchased with US$100.0 million in financing approved by the Central American Bank for Economic Integration (CABEI) for the Republic of Nicaragua. This operation will cover 69.2% of the population prioritized in the implementation of the country's ...
Managua, November 04, 2021.- In support of Nicaragua's micro, medium and small enterprises (MSMEs) in the face of the economic crisis, the Central American Bank for Economic Integration (CABEI) and the Promotion and Development Foundation (PRODESA) signed an agreement to renew a US$6.0 million global line of credit. With the availability of these resources, and with a 12-month term, businesses in ...
Managua, May 18th, 2022.- The 58.5 kilometers of the Muy Muy-Matiguás-Río Blanco Highway, located between the departments of Matagalpa and the North Caribbean Coast of Nicaragua, contribute to boosting the economy, tourism, agricultural production, improving transportation in the area and the well-being of its inhabitants. The works were executed in three road segments: the first, Muy Muy-Matiguas ...
Tegucigalpa, May 14, 2019.- Derived from the Master Plan for Investment Projects and Economic Development in the Gulf of Fonseca , representatives of the three countries of the region held a technical meeting at Central American Bank for Economic Integration (CABEI) with the objective of establishing a roadmap that identifies initial actions for the development of the Central American Pacific ...
Tegucigalpa, August 31 2022 – As a sign of its support to the equity strengthening of the Central American Bank for Economic Integration (CABEI), the Republic of Nicaragua has made the advance payment of its third share of capital linked to the capital subscription made by that country within the framework of the Eighth General Capital Increase of the Bank. On August 30, 2022, the Republic of ...
Tegucigalpa, January 14, 2022 – As a sign of its support for the equity strengthening of the Central American Bank for Economic Integration (CABEI), the Republic of Nicaragua has made the payment of its second capital installment related to the capital subscription made by said country within the framework of the VIII General Capital Increase of the Bank. On January 14, 2022, the Republic of ...