A. M. 
The Central American Bank for Economic Integration (CABEI) reached a historic milestone in 2024 by attracting more than US$2.9 billion. This achievement, part of its renewed Financial Strategy, reflects the Bank’s solidity and the markets’ recognition of its prudent and conservative management, based on technical rigor, cost optimization and operational efficiency.
The result reaffirms CABEI’s commitment to the development of its member countries and its position as the best risk in Latin America, backed by an “AA” rating. This performance consolidates CABEI as an outstanding issuer in the global capital markets. It was also recognized as Development Finance Institution of the Year by Global Banking & Markets Latin America, and received the award for Best Niche Currency Transaction by a Latin American Issuer from Global Capital, thanks to the first global sports bond.
In the capital markets, CABEI raised US$2.592 billion through ten issues in different formats, currencies and markets. The most noteworthy was its global benchmark issue of US$1.35 billion, the largest in its history, with a record order book of more than US$5.2 billion. It also achieved record figures in member country markets, such as Mexico and Costa Rica, with placements of MXN13.0 billion and CRC88.3 billion, respectively.
Complementing its success in the capital markets, CABEI raised US$329 million through bilateral loans and lines of credit focused on sustainable projects and gender equity initiatives from key partners such as the Agencia Francesa de Desarrollo (AFD), Instituto de Crédito Oficial (ICO) and Germany’s Kreditanstalt für Wiederaufbau (KfW). It also signed and disbursed its second syndicated loan in Asia, managed by CTBC Bank of the Republic of China (Taiwan), for US$100 million, underscoring its extensive and long-standing track record in this market.
CABEI Executive President, Gisela Sánchez, stated: “2024 has been a historic year for CABEI. We have demonstrated our ability to innovate, adapt and lead in the changing financial landscape. These historic milestones reflect the confidence of global investors and the success of our renewed Financial Strategy”.
Likewise, he said “the execution of these historic fundraising efforts strengthens the financial conditions we offer our member countries and contributes to the fulfillment of the Sustainable Development Goals, the central axis of our Institutional Strategy 2025-2029”.
