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, February 8, 2021.- The Central American Bank for Economic Integration (CABEI) approved an increase of up to US$350.00 million in its Financial Sector Support Facility for the Emergency Support and Preparedness for COVID-19 and Economic Reactivation Program. During 2020, CABEI disbursed US$293.0 million to 23 financial institutions in the region under the Financial Sector Support ...
Tegucigalpa September 1, 2020.- The Board of Directors of the Central American Bank for Economic Integration (CABEI) approved the creation of a Guarantee Fund as a complementary financial instrument for credit risk coverage to implement the Financial Sector Support Facility for the Financing of MSMES affected by the COVID-19 crisis. Dr. Dante Mossi, CABEI’s Executive President, expressed his ...
Tegucigalpa, October 15, 2020. – .- El Central American Bank for Economic Integration (CABEI) and the German Financial Cooperation , through KfW, signed a US$100.0 million loan agreement to finance eligible public and private sector operations in the Republics of Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama under the Program for Emergency Support and Preparedness for COVID-19 ...
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 ...
San José, August 06, 2020.- The recent approval of the Development Policy Operations Program (OPD) for US$250 million, plus an additional US$50 million from the Central American Bank for Economic Integration (CABEI) Regional COVID-19 Support, Preparedness and Economic Reactivation Program enabled Costa Rica to create a National Endorsement and Guarantees Fund for the economic reactivation of the ...
Tegucigalpa, Jun 6, 2020.- Today, the Central American Bank for Economic Integration (CABEI) approved a Global Credit Line (GCL) in favor of Fundación Covelo of the Republic of Honduras for an amount of up to US$2.5 million to finance projects in the framework of any of the CABEI financial intermediation programs focused on providing support for the reactivation of Micro, Small and Medium-sized ...
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, July 20th, 2021.- The COVID-19 pandemic has affected the region's economy across the board, particularly the small and medium-sized entrepreneurs who are finding it difficult to access financial resources. In response to this situation, the Central American Bank for Economic Integration (CABEI) and UN Women through the Foreign Affairs and International Cooperation Ministry of the ...
