San Salvador, January 26 th , 2023 - In order to strengthen education in El Salvador and reduce the dropout rate in departments with high Multidimensional Poverty Index through the reconstruction and remodeling of student infrastructure, the Government of El Salvador (GOES) recently gave the order to rehabilitate the first 50 of 186 schools under the "My New School Program" financed by the Central ...
San Salvador, February 16 th , 2023 - In the framework of International Energy Day, the Central American Bank for Economic Integration (CABEI) highlights some of the initiatives supported in El Salvador to promote the production of this important resource from renewable sources, contribute to the reduction of carbon emissions and promote resilience to climate change through direct financing and ...
Madrid, Spain, February 16th, 2023.— In support of Spanish companies located in the countries of the region, the Central American Bank for Economic Integration (CABEI) and the Official Credit Institute ("Instituto de Crédito Oficial" or "ICO") signed a US$150 million financing agreement. This action will make preferably green and/or sustainable investment projects eligible, in addition to ...
Buenos Aires, november 1st, 2022.- The Central American Bank for Economic Integration (CABEI) approved US$100 million to support the state agency with working capital to guarantee the conservation and improvement of its road infrastructure in order to strengthen the execution capacities of El Salvador’s Road Conservation Fund (FOVIAL). The proceeds of the Credit Line will be used to make payments ...
San Salvador, July 29th, 2022 - With the aim of reducing the impact of rising fuel prices on the pockets of Salvadorans, authorities from the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance today signed a US$200 million loan contract for the "Temporary Support Program to Address Rising Fuel Costs in Founding and Non-Founding Regional Countries. The Bank designed ...
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, June 2, 2021.- The Central American Bank for Economic Integration (CABEI) is a regional financial institution with the skills and expertise to accelerate the region's economic recovery and sustainable growth by creating high-quality jobs in the industries of the future. This was announced by CABEI Executive President, Dr. Dante Mossi, at the first edition of the Business France ...
Managua, 9 March 9th, 2021.- The Central American Bank for Economic Integration (CABEI) continues to support the financial sustainability of Nicaraguan MIPYMEs affected by COVID-19. Since the implementation of the Financial Sector Support Facility for financing MIPYMEs to date, the Bank has placed a total of US$48.5 million in intermediary financial institutions. In 2020, intermediary financial ...
Managua, October 14, 2020.- As part of the progress of the Financial Sector Support Facility for the Financing of MIPYME in Nicaragua, the Central American Bank for Economic Integration (CABEI), projected at the end of October to continue positively impacting the Micro, Small and Medium Nicaraguan Enterprises affected by COVID-19 with a total of US$20.0 million in disbursements made to ...
Tegucigalpa, October 13, 2020.- The Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, highlighted the Bank's role, which is key to mitigating the financial effects of the COVID-19 contingency in the region, in his speech at the Virtual Industrial Congress "The Future of Industry in the Times of COVID-19", organized by the National Association of ...
