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 ...
Tegucigalpa, May 25, 2021.- The Central American Bank for Economic Integration (CABEI) today approved a $24.3 million extension to finance the "Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves" on Nicaragua's Caribbean Coast. This project consists of CABEI financing of $44.3 million and $37.9 million ...
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, June 2, 2021.- Taking advantage of the visit to Nicaragua by CABEI Executive President Dante Mossi, CABEI formalized on Wednesday the financing contracts for US$100 million for the acquisition of vaccines against COVID-19 and US$18.5 million for the execution of "Tranche A" of the project that will strengthen the hospital service network. In addition to Mossi, the agreements were signed ...
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 ...
Tegucigalpa, March 23, 2021.- Promoting the expansion of rural electrification, creating the conditions to meet future energy demand, and improving the electric transmission system's reliability in the municipality of Bluefields and surrounding areas is the main objective of Nicaragua's Electric Transmission System Expansion Program, approved by the Central American Bank for Economic Integration ...
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 ...
Santo Domingo, December 15, 2020.- The Central American Bank for Economic Integration (CABEI) today approved funding for a total amount of US$84.0 million to the Republic of Nicaragua for the implementation of the Bio-CLIMA Project: Integrated Climate Action to Reduce Deforestation and Strengthen Resilience in the Bosawás and Río San Juan Biosphere Reserves. Resources from a CABEI loan and a Green ...
Managua, December 4, 2020 - At least 41 public investment, productive and social assistance projects may be executed in Nicaragua after the signing of the loan agreement between the Central American Bank for Economic Integration (CABEI) and the Republic of Nicaragua for the Multisectoral Program for Economic Reactivation and Social Protection (NIC-Solidaria). The signature is made giving ...
Tegucigalpa, November 25, 2020 -The Green Climate Fund (GCF) approved the financing proposal presented by the Central American Bank for Economic Integration (CABEI) for a non-reimbursable financial cooperation through the Readiness window for a total amount of US$750,000. The purpose of this technical cooperation is to strengthen the capacity of Nicaragua's key institutions to implement the ...
