Displaying items by tag: CABEI
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).
CABEI has consolidated its position as a reference for economic development in the region
Promoting the competitiveness of the region's productive and economic sectors in accordance with its institutional mandate to promote the integration and balanced economic and social development of the countries, the Central American Bank for Economic Integration (CABEI) has held meetings with key economic agents of its member countries throughout the first six months of the year.
CABEI disburses US$10 million to El Salvador for PROVIDA program
In order to achieve the goal of reducing the Quantitative Housing Deficit in the Republic of El Salvador by 4.1% through the Programa de Vivienda y Vida Digna (PROVIDA) executed by the Fondo Social para la Vivienda (FSV), el Banco Centroamericano de Integración Económica (BCIE) made a third disbursement of US$10 million of the total amount of US$50 million, totaling US$29 million to date.
El Salvador's IMAE grew 2.1% as of march 2022: CABEI
The Central American Bank for Economic Integration (CABEI), forecasts a positive evolution for the coming months in the case of foreign trade and employment generation.
CABEI and the Federal Republic of Germany sign agreement to promote Sustainable Urban Mobility in Central America
The Central American Bank for Economic Integration (CABEI) and the Federal Republic of Germany signed a financial cooperation agreement for up to EUR 132.0 million to promote sustainable, accessible and safe multimodal transportation projects for people that, in turn, contribute to improving energy efficiency and reducing greenhouse gas emissions, to promote Sustainable Urban Mobility projects in Central America.
CABEI seeks to promote opportunities for the region "European Union-Central America Dialogue Sessions”
With the objective of promoting partnership and dialogue on priority issues on the strategic partnership agenda between the European Union (EU) and Latin America and the Caribbean (LAC), the Central American Bank for Economic Integration (CABEI) participated in the "European Union - Central America: New Alliances for Development Dialogue Conference", held in Panama.
CABEI approves program to mitigate negative effects of fuel price hikes on the economies of countries in the region
Given the escalation of fuel prices worldwide, the Central American Bank for Economic Integration (CABEI) approved an indicative financing of up to US$800.0 million for the "Temporary Support Program in the Face of Rising Fuel Costs in Founding and Non-Founding Regional Countries".
CABEI has a portfolio to support the country with infrastructure projects
The Central American Bank for Economic Integration (CABEI) informs that it has designated a portfolio of resources to accompany El Salvador in the development of its investment projects.
CABEI and Republic of Korea to finance US$245.8 million for construction of Los Chorros viaduct
In order to guarantee efficient and safe road connectivity and mobility throughout the country's highway network, since last year El Salvador has had a US$245.8 million loan ratified with the Central American Bank for Economic Integration (CABEI) and the Republic of Korea to finance the construction of a viaduct and expansion of the Los Chorros highway (CA01W).
CABEI and authorities from El Salvador, Guatemala and Honduras meet within the framework of the Trifinio Plan
Following up on the delivery of the Master Plan for the Trifinio Region, representatives of the Republics of Honduras, El Salvador and Guatemala that make up the Tri-national Commission of the Trifinio Plan held a meeting at the headquarters of the Central American Bank for Economic Integration (CABEI).