During the Central Government, the Bank has been present in both the social and economic areas, as well as with private initiative.

"We have invested a little over US$1 billion in economic development", said CABEI Director for El Salvador, Luis Rodríguez.

This total includes the US$600 million corresponding to the support granted for post-pandemic recovery. This was the largest operation approved by CABEI up to that time.

With this package, the authorities supported 21,000 MSMEs, 70% of which are run by women. In addition, one of the most important goals was the protection of 100,000 jobs.

Another US$400 million were directed to provide tools and resources to micro, small and medium-sized enterprises (MSMEs), always with the objective of stimulating economic activities.

CABEI diversifies its support through financial intermediation. Thanks to the funds approved by the bank, a group of financial institutions was able to set up specific lines of credit for MSMEs. A guarantee fund was also approved.

Just as for economic development, the multilateral bank has facilitated investment for education, public safety, health, sports, housing, water purification and other specific destinations that also work with the private sector.

In total, since 2019 CABEI has approved US$4.6 billion in financing for the country, of all types.

Translated by: A.M