San Salvador, October 28, 2020 - The Central American Bank for Economic Integration (CABEI), approved a financing of US$200 million to the Republic of El Salvador with the objective of strengthening the coverage and quality of educational services in the country. The amount approved will be used for the reconstruction, remodeling of infrastructure and technological equipment of at least 186 ...
Guatemala, October 29, 2020.- The Central American Bank for Economic Integration (CABEI) approved a Global Credit Line to Banco INV, S.A. (INV) of the Republic of Guatemala for an amount of up to US$1.5 million. The availability of these resources will allow financing operations that are framed in the different financial intermediation programs of CABEI with emphasis in the programs of support to ...
October 30th, 2020.- The measures chosen by different governments around the world will not be sufficient to achieve the reactivation of their economies if strategies based on science and technology are not applied. This was explained this Friday by the renowned scientist Javier García Martínez, director of the Molecular Nanotechnology Laboratory of the University of Alicante, Spain, in the first ...
Managua, November 5th, 2020.- Aimed at improving the quality of life of vulnerable small coffee and cocoa producers, including indigenous and afro-descendant populations in the North and South Atlantic Autonomous Regions, the Adaptation to Market Changes and Climate Change Effects Program (NICADAPTA), an initiative financed by the Central American Bank for Economic Integration (CABEI), is making ...
San José, October 29, 2020. – A total of 35 thousand inhabitants of Costa Rica's Central Pacific, including nearly 7 thousand tourists visiting the area, will be the beneficiaries of the "Improvements to the Quepos and Manuel Antonio Aqueduct" as estimated by authorities of the Costa Rican Institute of Aqueducts and Sewers (AyA). These projects, which will ensure clean water to these tourist ...
Tegucigalpa November 10, 2020.- The Central American Bank for Economic Integration (CABEI), the Inter-American Development Bank (IDB) and the World Bank will provide coordinated support to the Central American countries hit hardest by Hurricane Eta. Their action plan will include short-, medium- and long-term financing for humanitarian aid and reconstruction in Guatemala, Honduras and Nicaragua. ...
Tegucigalpa, November 2nd, 2020.- In an adverse context, marked by the pandemic, the social and economic crisis, the region has come closer to achieving its longstanding goal of integration, which has led to greater economic growth in the last five years in contrast to other economic blocks. This was stated by CABEI's Executive President, Dr. Dante Mossi, during the virtual launch for the report's ...
Tegucigalpa, November 3rd, 2020.- The Central American Bank for Economic Integration (CABEI), held today the Economic Situation, Finance and Risks: Implications for Credit Rating Forum. The purpose of the virtual meeting is to anticipate those action plans that the entities could implement for a quick adaptation to the economic and financial situation and its risks, in a way that favors their ...
Tegucigalpa November 10th, 2020.- In solidarity and support to the Governments of Honduras and Nicaragua in the implementation of humanitarian actions resulting from the flooding and overflowing of rivers by the passage of Hurricane Eta, the Central American Bank for Economic Integration (CABEI), has granted each country a non-reimbursable financial cooperation for a total amount of U.S. $ ...
Tegucigalpa, November 11, 2020.- As the region’s MDB, CABEI is committed to aid and support Central America, especially throughout times of stress. In this regard, earlier this year, as a direct response to the COVID-19 pandemic, an Emergency Program was created to provide financial resources to countries in the region in order to finance different activities towards the prevention, detection and ...