In 2016, amendments were made to CABEI's Constitutive Agreement in order to strengthen relations and regional integration between Central America and the Caribbean. The Board of Governors accepted the incorporation of the Republic of Cuba in April 2017, and on July 11, 2018, completed the process for its incorporation in compliance with the regulatory provisions, which officially makes Cuba a ...
Costa Rica has a subscribed capital of USD714.00 million and holds 10.79% of the shares of CABEI’s capital structure. At the close of 2020, the country has made capital payments for USD127.50 million. The Bank’s support to this founding member during the 2016-2020 period involved USD2.4 billion in approvals and USD1.6 billion in disbursements. During 2020, the Bank approved USD705.2 million to ...
CABEI has implemented the Reporting Channel, a mechanism designed to receive reports and allegations of irregularities, unethical situations, the commission of prohibited practices or regulatory breaches in the use of its funds or resources administered by CABEI. Reports about environmental and/or social issues or damages related to CABEI´s projects can be reported as well. If you want to send a ...
Santo Domingo, September 2, 2022.- With the purpose of promoting resilient initiatives for sustainable business development in adverse environments, the Central American Bank for Economic Integration (CABEI) supported the 2022 Convertirse Regional Conference , held this Friday in the Dominican Republic, through a sponsorship of US$20,000. "Taking into account that the disasters caused by climate ...
The initiatives promoted and supported by CABEI contribute to the sustainable development of its member countries and comply with international commitments such as the 2030 Development Agenda Electricity is a primary source for the production of goods and services and, therefore, the development of societies. For this reason, it has become a priority issue for the Central American Bank for ...
San José, May 16th, 2023. – Ensuring the generation of more and better job opportunities in the region through the various financial supports it approves for its member countries, the Central American Bank for Economic Integration (CABEI) commemorated International Labor Day by anticipating the creation and preservation of 23,556 jobs in Costa Rica as a result of three initiatives approved in the ...
Program’s General Objective Streamline business activity in areas that have been affected by natural disasters in order to contribute to the generation of employment sources and the rehabilitation of economic activity in those areas. * Currently, only the MSME sector in Guatemala is benefited by this program, since historically it is the country with the highest number of losses caused by natural ...
Program’s General Objective Promote financing of MSMEs that incorporate biodiversity protection and conservation practices in their operations or that reduce the negative impacts of their businesses, products and services on biodiversity. Beneficiary Countries Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica. Participating Financial Institutions Intermediary Financial Institutions (IFIs) ...
Program’s General Objective Increase the participation of the financial system’s involvement in the financing of the region’s productive sectors in order to increase competitiveness, productivity and employment generation in the beneficiary countries. Beneficiary Countries Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Belize, Dominicanan Republic, Colombia, Argentina and Mexico. ...
Program’s General Objective Improve financial and operational efficiency of the region’s financial system through the provision of resources to cover its working capital needs and investments in physical, technological and operational infrastructure; in this way, the program will expand and deepen the financial services necessary to promote the economic and social development of the CABEI member ...