Managua, November 04, 2021.- In support of Nicaragua's micro, medium and small enterprises (MSMEs) in the face of the economic crisis, the Central American Bank for Economic Integration (CABEI) and the Promotion and Development Foundation (PRODESA) signed an agreement to renew a US$6.0 million global line of credit. With the availability of these resources, and with a 12-month term, businesses in ...
Guatemala City, November 03, 2021.- In addition to the US$9 million disbursed in the last year and a half by the Central American Bank for Economic Integration (CABEI) to its financial ally Banco de Desarrollo Rural (BANRURAL) in Guatemala, a new disbursement of US$10 million was recently granted to continue supporting the country's business sector in its economic reactivation. CABEI Executive ...
San Jose, December 15, 2021. The Central American Bank for Economic Integration (CABEI) and its financial ally Banco de Costa Rica formalized a new disbursement of US$5.2 million, reaffirming their commitment to support Costa Rican small and medium-size enterprises (SMEs) in their economic reactivation and personnel rehiring processes. It is expected that all these new resources, from CABEI's MSME ...
Managua, August 6, 2021.- Since the implementation of the Financial Sector Support Facility for MSME Financing in 2020 to the first half of this year, the Central American Bank for Economic Integration (CABEI) has granted around US$60 million in financing to Nicaraguan micro, small and medium-sized enterprises (MSMEs), protecting a total of 25,000 jobs. Of the funds channeled by CABEI through ...
Madrid, March 28th, 2023.- Promoting economic growth and competitiveness by strengthening Honduras' business fabric is the goal of the Central American Bank for Economic Integration (CABEI) and Banco de Occidente with the opening of a US$20.0 million Global Credit Line (GCL) to support the development of 74,851 beneficiaries and 2,087 companies, as well as other organizations with legal status. ...
Guatemala City, June 29th, 2022.- As a result of access to credit on favorable terms and having a complementary banking product to support such financing, in the last two years 2,258 Guatemalan micro and small businesses have continued to operate despite the adverse effects of the pandemic, managing to meet their obligations and protecting more than 8,500 jobs in rural and urban Guatemala. This ...
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 ...
Tegucigalpa, October 28, 2021.- Promoting research and debate within the framework of Central America's Bicentennial of Independence, this Thursday the Central American Bank for Economic Integration (CABEI), together with the General Secretariat of the Central American Integration System (SICA) and the Secretariat for Central American Economic Integration (SIECA) launched the fourth edition of the ...
Guatemala City, August 1st, 2023.- To promote regional competitiveness and foster job creation, the Central American Bank for Economic Integration (CABEI) and the Ficohsa Financial Group in Guatemala signed a US$15 million credit line. The alliance between the two institutions will make it possible to channel resources to companies engaged in foreign trade activities, thus facilitating the import ...