San Jose, June 28th, 2022.- A total of 19 branches of Correos de Costa Rica will produce their own electricity from solar panels and more than 100 vehicles will be replaced by electric vehicles with the support of the Central American Bank for Economic Integration (CABEI), which, through the Green MSMEs Initiative II , approved a non-reimbursable cooperation grant of US$59,150 to ensure the ...
Seoul, July 7th, 2022.- To promote the productive sectors, foreign trade, and micro, small, and medium-sized enterprises (MSMEs) in Honduras, the Central American Bank for Economic Integration (CABEI) increased its Global Credit Line (GCL) to Banco del País, S.A. (BANPAIS) by US$15.0 million, for a total of up to US$100.0 million. The credit line will provide financing on favorable terms for ...
San Jose, April 19, 2022.- Nearly 2,000 micro, small, and medium-size enterprise (MSME) jobs will be created and safeguarded in Costa Rica with financial support from the Central American Bank for Economic Integration (CABEI), which disbursed more than US$20 million to its intermediary financial institutions Coopeservidores, Promerica, BCT, Financiera CAFSA, and Davivienda. The funds, which are ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...