Displaying items by tag: CABEI
CABEI and Republic of El Salvador formalize US$500 thousand donation to address damages caused by Hurricane Bonnie
Authorities of the Central American Bank for Economic Integration (CABEI) and the Ministerio de Obras Públicas (MOP) of El Salvador, signed a non-refundable cooperation agreement this thursday as emergency aid, for up to US$500,000 to contribute to the implementation of the necessary measures to address the effects and damages caused by Hurricane Bonnie in july.
Standard & Poor's confirms CABEI's international risk rating at "AA" with stable outlook
The rating agency Standard & Poor's (S&P), confirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.
To strengthen financial liquidity of Central Banks in the region, CABEI increases credit line to US$500 million
In order to support the liquidity management of the Central Banks of the founding and non-founding regional member countries of the Central American Bank for Economic Integration (CABEI), the multilateral development institution approved the expansion of the Credit Program from US$200 million to US$500 million for each eligible country.
CABEI reinforces its commitment and principles of transparency
The Central American Bank for Economic Integration (CABEI) has made great strides in terms of transparency and access to information through the application and strict compliance with its Access to Information Policy as well as all international norms and standards of the AML/CFT/FPDMA Risk Management System, Integrity and Sanctions and its Anti-Fraud, Anti-Corruption and Other Prohibited Practices Policy.
CABEI and Korea approve US$600 thousand to support modernization of San Salvador's water supply system
The Central American Bank for Economic Integration (CABEI) and the Republic of Korea approved a US$600,000 non-reimbursable technical cooperation grant from the Korea-CABEI Single Donor Trust Fund (KTF) to support the Government of El Salvador in the development of the necessary studies for the modernization of the Guluchapa water supply system.
CABEI and the Republic of China Taiwan support women's economic empowerment in the post COVID-19 pandemic
In order to support the countries of the region in their economic recovery after the effects of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) and the Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) signed an agreement for the implementation of a regional program focused on supporting women's entrepreneurship and employment.
CABEI talks with the Republic of China (Taiwan) to promote development in Central America
This monday, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, together with an official delegation of the Bank, held important meetings with authorities of its extra-regional partner country, the Republic of China (Taiwan), in order to promote the Central American region and strengthen business, investment and development cooperation relations.
Ministry of Finance obtains US$200 million loan to mitigate fuel price hikes
Authorities of the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance (MH) signed a loan agreement for US$200 million to support El Salvador in implementing the necessary measures to reduce the impact of fuel price increases on the pockets of salvadorans.
CABEI brings Central America closer to Asia, opens representative office in South Korea
Expanding its physical presence in its extra-regional partner countries and strengthening relations for the benefit of the region, this monday the Central American Bank for Economic Integration (CABEI) opened its representative office in Seoul, capital of its most recent extra-regional partner, the Republic of South Korea.
CABEI celebrates MSMEs on their day by supporting them in the protection of more than 76 thousand jobs in the region
99% of the almost 1.6 million companies operating in the region are MSMEs; 83% are micro and 16% are small and medium-sized enterprises. This important sector represents more than 65% of the economically active population, and this is the main source of employment generation in the region, according to the Economic Impact of the COVID-19 pandemic on MSMEs in Central America report by the Centro Regional de Promoción de la MIPYME (CENPROMYPE).