Displaying items by tag: CABEI

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.

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.

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.

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.

The Central American Bank for Economic Integration (CABEI), reaffirming its commitment to the fight against the risks of Money Laundering, Financing of Terrorism and Financing of the Proliferation of Weapons of Mass Destruction, Fraud and Corruption (Financial Crimes), authorized in september the granting of technical cooperation in the amount of US$60,480, under the non-reimbursable modality, to strengthen the capacity of the member countries of the Grupo de Acción Financiera de Latinoamérica (GAFILAT).

The presence of the Central American Bank for Central American Integration (CABEI) in the Sistema de la Integración Centroamericana (SICA) has translated into large investments that drive projects linked to regional integration sectors.

The Central American Bank for Economic Integration (CABEI) approved US$500,000 in emergency aid for natural disasters to the Republic of El Salvador to help mitigate the adverse effects generated by Storm Julia, which are reflected in losses and damages to the country's population and infrastructure.

With the purpose of identifying and supporting technological developments that have a high potential to become businesses based on the use of waste to generate bioproducts, the Central American Bank for Economic Integration (CABEI), through the tripartite initiative with the European Union (EU) and the Government of Germany through KfW, “Desarrollo de Ideas para Negocios y Aceleración de las MIPYMES Centroamericanas (DINAMICA)”promoted the launching of the Program "From Waste to Value: A Challenge toward Bioproducts" with a sponsorship of US$25,000.

The Director of the Central American Bank for Economic Integration (CABEI) for El Salvador, Luis Rodríguez announced that he has delivered another US$500 thousand, totaling US$1 million this month.

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.