Displaying items by tag: CABEI
CABEI, the European Union and KfW will support UTEC students to create Startups
With the objective of strengthening the Innovation Support Office G'nius of Universidad Tecnológica de El Salvador (UTEC), which seeks to create technology-based enterprises, this tuesday, the Central American Bank for Economic Integration (CABEI), the European Union (EU) and the Government of Germany through KfW, through the DINAMICA Initiative, and the educational center signed a Technical Assistance Agreement for US$53,000.00.
CABEI and Partnership for Central America sign agreement to promote development initiatives
The Central American Bank for Economic Integration (CABEI), through its Fundación de Apoyo Social (FAS), and Partnership for Central America, Inc. (PCA) signed a memorandum of understanding in Washington D.C. to promote the identification and support of initiatives that comprehensively address the causes of migration in Guatemala, El Salvador and Honduras.
CABEI issues second blue bond less than a month after publishing its Blue Taxonomy
The Central American Bank for Economic Integration (CABEI) issued its 14th bond in the japanese capital market for JPY7,000.0 million and a 10-year term; its second historic blue bond less than a month after publishing its Blue Taxonomy under the Bank's Green and Blue Bond Framework. With this issuance, CABEI consolidates its renewed rapprochement and reconnection with japanese investors.
CABEI approved US$996 million to El Salvador for strategic projects in 2022
Contributing to the sustainable development of El Salvador by providing financial support for priority initiatives to improve the quality of life of the population, the Central American Bank for Economic Integration (CABEI) approved a total of US$996 million to its founding member country in 2022 for the development of public sector projects, intermediating resources to the financial sector in support of strategic sectors.
Commission issued two opinions for the Government to subscribe loans with CABEI and CAF
The Treasury and Special Budget Commission issued two opinions in favor of the Executive Branch subscribing a loan with the Central American Bank for Economic Integration (CABEI) and the Corporación Andina de Fomento (CAF).
CABEI to channel US$350 million to El Salvador to support development and economic reactivation policies
In order to support the Republic of El Salvador in its economic recovery through a resilient development strategy aimed at mitigating and adapting to climate change, the Central American Bank for Economic Integration (CABEI) approved US$250 million from its Development Policy Operations Program (OPD), which aims to promote balanced economic growth, poverty reduction, sustainable development and the fight against climate change in its member countries.
CABEI support to rescue sports venues for the benefit of 50,000 salvadoran athletes
The remodeling, construction, rehabilitation and equipping of nine sports venues in El Salvador, which will benefit 50,000 athletes from different disciplines, is progressing steadily under the Programa de Construcción de Infraestructura y Rescate de Escenarios Deportivos a Nivel Nacional (PRODEPORTE) financed by the Central American Bank for Economic Integration (CABEI) for US$115.2 million, of which US$42.8 million has been disbursed to the Instituto Nacional de los Deportes de El Salvador (INDES), as executor of the program.
CABEI disburses US$1 billion for investment in logistics infrastructure in the country
El Salvador will receive US$1 billion from the Central American Bank for Economic Integration (CABEI) for investment in logistics infrastructure with social and economic impact.
CABEI strengthens the economic autonomy of more than 4,000 women entrepreneurs
In the framework of International Women Entrepreneurs Day, which is commemorated every november 19, the Central American Bank for Economic Integration (CABEI) reaffirms its commitment to continue promoting the empowerment and economic autonomy of the region's businesswomen and entrepreneurs, through the implementation of various initiatives such as the Programa Regional de Financiamiento Empresarial para Mujeres (FEM), and the Financial Sector Support Facility for MSMEs affected by COVID-19, which has assisted 4,685 micro, small and medium-sized enterprises (MSMEs) led by women.
CABEI issues new private placement despite current market conditions
The Central American Bank for Economic Integration (CABEI) has issued another private placement in 2022. This particular issuance was for an amount of US$50 million for a 3-year term, which represents CABEI's 39th issuance in the U.S., reaching a historical aggregate amount of US$4.5 billion equivalent to close to 30% of the Bank's historical issuances.