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 ...
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 ...
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 ...
Santo Domingo, March 9th, 2022.- With the commitment to support Dominican micro, small and medium-sized enterprises (MSMEs) in their economic reactivation after the crisis caused by the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) made its first disbursement to the country's private sector for US$255,504 under the Financial Sector Support Facility Program for the ...
San Salvador, March 18th, 2022.- The Central American Bank for Economic Integration (CABEI) and Banco CUSCATLAN of El Salvador formalized this Friday a global credit line for up to US$60.0 million to be made available to Salvadoran small and medium-sized enterprises (SMEs) affected by the COVID-19 pandemic. The financing under competitive credit conditions is expected to benefit more than 450 SMEs ...
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 ...
Guatemala, May 12th, 2022.- As of Thursday, individuals and legal entities, such as micro, small and medium-sized enterprises (MSMEs), will be able to access financing for working capital, electric mobility and housing through Financiera Consolidada S.A. (COFINSA), part of Corporación Multi Inversiones ( CMI), with which the Central American Bank for Economic Integration (CABEI) formalized a ...
Managua, May 19th, 2022.- Continuing with its commitment to promote Nicaragua's economic development in alliance with the country's private sector, this Thursday the Central American Bank for Economic Integration (CABEI) and Banco de Finanzas, Sociedad Anónima (BDF) , renewed a US$32.0 million Global Credit Line. The funds will be used to meet the financing needs of small and medium-size ...
Tegucigalpa, June 03, 2022.- The Central American Bank for Economic Integration (CABEI) approved an interest rate adjustment mechanism that will allow it to place funds, through its Intermediary Financial Institutions (IFIS) network, at concessionary costs, enabling it to reach final beneficiaries with preferential, accessible and competitive financial conditions. With this initiative, CABEI seeks ...
Managua, June 10, 2022.- "Zeas Apícolas" is a small Nicaraguan business that has been growing stronger for the past five years by diversifying its portfolio with six new honey products, improving its sales, production and administrative processes, actions that have been possible thanks to the financing received through the Development of Business Ideas and Acceleration of Central American MSMEs ...