Home > CABEI News                 Standard Chartered Bank joins CABEI’s Trade Facilitation Program (IFACIL) Tegucigalpa, Honduras, May 30, 2011 CABEI is pleased to welcome Standard Chartered Bank as a member of IFÁCIL. With the affiliation to our Trade Facilitation Initiative, CABEI will be able to provide further support for our region’s rapidly growing trade with Asia. SCB’s experience and knowledge of trade finance and the Asian market will enhance the influence of IFÁCIL in promoting and supporting commercial flows to and between Central America and Asia. More Information     CABEI confirmed its presence in local capital market of Thailand Tegucigalpa, Honduras, February 17, 2011 The Bonds were assigned a “AAA” rating from Fitch Ratings Thailand More Information     Standard & Poor´s revises Central American Bank for Economic Integration (CABEI) Outlook from Stable to Positive Tegucigalpa, Honduras, May 24, 2010 More Information     CABEI, the Harbinger for Local DCM Tegucigalpa, Honduras, April 26, 2010 The Central American Bank for Economic Integration (CABEI) auctioned today its third issuance, out of its new Regional Commercial Paper Program (RCP) in the Costa Rican capital markets. More Information     Japan Credit Rating Agency (JCR) affirms CABEI´s rating at A+. Tegucigalpa, Honduras, February 22, 2010 Japan Credit Rating Agency (JCR) affirmed Central American Bank for Economic Integration (CABEI) A+ credit rating on its long term debt. The outlook for this rating is Stable. More Information     CABEI, a Local Issuer: Taps for the first time the Dominican Market Dominican Republic, December 14, 2009 The Central American Bank for Economic Integration (CABEI) auctioned today in the Dominican Stock Exchange, bonds amounting DOP 740 million. More Information     Inaugural Issuance of Its Regional Commercial Paper Program Costa Rica, December 11, 2009 The Central American Bank for Economic Integration (CABEI) auctioned today its first issuance, out of its new Regional Commercial Paper Program (RCP) in the Costa Rican capital markets. CABEI managed to raised CRC 6 billion, maturing in 6 months, linked to the local rate Tasa Básica Pasiva. The issuance was 1.5x oversubscribed. More Information     MIGA Teams Up With CABEI to Promote Investment in Developing Countries Istanbul, Turkey, October 04, 2009 The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, and the Central American Bank for Economic Integration (CABEI) will cooperate to promote private sector investment into Central American countries through a joint Memorandum of Understanding (MoU). More Information     Rating Agencies Affirm CABEI´s Ratings Tegucigalpa, Honduras, September 29, 2009 The Central American Bank for Economic Integration (CABEI) successfully completed a USD500 million sale of senior bonds due in 2014 in the US market. The transaction took place on September 24th, 2009. More Information     The Central American Bank for Economic Integration (CABEI) has sold USD$500 million in 5 years Bonds Tegucigalpa, Honduras, September 18, 2009 The Central American Bank for Economic Integration (CABEI) has sold USD$500 million in 5 years Bonds More Information     CABEI, IFAD and the goverment of Belize join efforts to create a rural financing program Belmopan, Belize, June 05, 2009 This is the first Loan Agreement signed between CABEI and Belize after this nation joined the multilateral financial institution as a beneficiary country in 2006. More Information     CABEI launches a Global Commercial Paper Program Tegucigalpa, Honduras, May 14, 2009 To address the challenges of Central American development, the Central American Bank for Economic Integration (CABEI) launched its Global Commercial Paper Program for an amount of USD 500 million. More Information     CABEI is capitalized with $5 billion Tegucigalpa, Honduras, April 30, 2009 The board of governors of the Central American Bank for Economic Integration (CABEI) agreed, as a conclusion to its 49th ordinary meeting, that the authorized capital of CABEI will be of US$5 billion, to continue attending efficiently the growing needs of financing of Central America and its beneficiary countries. More Information     Develoment Banks Join Efforts to Provide US$90 Billion for Latin America & the Caribbean Washington, April 22, 2009 Leading multilateral development banks announced today they will increase their support to Latin America and the Caribbean by providing US$ 90 billion during the next two years in a joint effort to spur economic growth in the region by coordinating their crisis response initiatives. More Information     Honduras will host the meeting of governors of CABEI Tegucigalpa, Honduras, April 13, 2009 The governors of the Central American Bank for Economic Integration (CABEI) will celebrate on the 29th and 30th of April in Honduras the 49th Ordinary Meeting of the Board of Governors aiming to analyze strategic topics of regional and institutional interest. More Information     Japan Credit Rating Agency (JCR) affirms CABEI´s rating at A+. Tegucigalpa, Honduras., November 28, 2008 Japan Credit Rating Agency (JCR) affirmed A+ credit rating on long term of the Central American Bank for Economic Integration (CABEI). The outlook for this Rating is Stable More Information     Inauguration of the Project “Installation of Hydraulic Concrete Surfaces in Diverse Roads of Tacuba”, in the Department of Ahuachapán, Republic of El Salvador El Salvador, November 21, 2008 This Project will contribute to the economic development of the population from the Municipality of Tacuba, Department of Ahuachapán, Republic of El Salvador through the direct benefit of 12,500 of its inhabitants. More Information     Inauguration of the Project “Cobblestone Pavement of Streets in El Evangélico, Ramirez and El Bartolo Villages”, in the Department of La Unión, Republic of El Salvador El Salvador, November 20, 2008 This Project will contribute to the economic development of the population from the Municipality of Intipucá, Department of La Unión, Republic of El Salvador, through the direct benefit of 713 of its inhabitants. More Information     Inauguration of the Project “Expansion and Pavement of the Atiquizaya - San Lorenzo Highway”, in the Department of Ahuachapán, Republic of El Salvador. El Salvador, November 19, 2008 This Project will contribute to the economic development of the population from the Municipality of Atiquizaya and San Lorenzo, Department of Ahuachapan, Republic of El Salvador, through the direct benefit of 15,574 of its inhabitants, More Information     Inauguration of the Project “Improvement of Juan de Dios del Cid School ”, in the Department of Ahuachapán, Republic of El Salvador. El Salvador, November 18, 2008 This Project will contribute to the economic development of the population from the Municipality of Turin, Department of Ahuachapán, Republic of El Salvador, through the direct benefit of 1,600 of its inhabitants. More Information     Central American Bank for Economic Integration (CABEI) elects New Executive President Tegucigalpa, Honduras., November 14, 2008 The Assembly of Governors of the Central American Bank for Economic Integration (CABEI), maximum authority of the institution, unanimously elected Nick Rischbieth Glöe, a Honduran citizen and PHD in Finances, as the new Executive President, for a five-year term, and who will officially come into office as of December 1, 2008. More Information     CABEI and Banco de los Trabajadores sign an agreement with Export-Import Bank of the United States (US Ex–Im) Guatemala City, Guatemala, November 03, 2008 The Central American Bank for Economic Integration (CABEI) continues supporting the imports of goods and services driving competitiveness in production at the regional level. More Information     CABEI grants a US$ 1.500,000 Million Line of Credit to Cooperativa de Ahorro y Crédito Taulabé, Limitada. Tegucigalpa, Honduras, October 20, 2008 Cooperativa de Ahorro y Crédito Taulabé, Limitada, will intermediate CABEI resources to enhance the quality of life of its Affiliate members More Information     CABEI discusses with the media on How to Optimize CAFTA-DR Tegucigalpa, Honduras, October 15, 2008 The Central American Bank of Economic Integration held a strategic dialogue with the media of the Central American region on CAFTA-DR optimization. More Information     Joint Venture between the Central American Bank for Economic Integration and ICAP will strengthen the Region's financial market Tegucigalpa, Honduras, October 10, 2008 The Central American Bank for Economic Integration (CABEI) and the broker interdealer ICAP, announced today a joint venture in which ICAP and BCIE will set up a company called BCIE-ICAP Capital Markets S.A. de C.V. with a 50% participation each. More Information     CABEI donates computer equipment to Misquito Students Tegucigalpa, Honduras, September 18, 2008 CABEI donates computer equipment to the Organization of Miskito Students (O.E.M., in Spanish) residing in Tegucigalpa. More Information     CABEI promotes funding of environmentally-friendly investments Tegucigalpa, Honduras, September 16, 2008 Aimed at promoting financing for environmentally friendly, CABEI launched the CAMBio and ARECA Projects for Central American Intermediary Financial Institutions. More Information     CABEI seeks on-going improvement for Public Sector projects it finances Tegucigalpa, Honduras, September 10, 2008 The Central American Bank for Economic Integration is constantly seeking to improve the performance of public sector road projects in Honduras, in order to expedite their implementation and favor the achievement of the objectives in the established timeframe. More Information     To respond to the emergency situation of the population affected by rains, CABEI grants CONRED non-reimbursable financial cooperation Guatemala, September 10, 2008 This past September 5, the Director for Guatemala of the Central American Bank for Economic Integration (BCIE), Mr. Edgar Balsells and the Executive Secretary of CONRED, Engineer Alejandro Maldonado, signed a letter of intent for the granting of US$200,000.00 as non-reimbursable financial cooperation to CONRED. The Vice-President of the Republic , Dr. Rafael Espada was present and participated as Witness of Honor of the signing. More Information     CABEI places first public issuance in Honduras Tegucigalpa, Honduras, September 08, 2008 One of CABEI’s institutional objectives is strengthening and promoting development, penetration and competitiveness of capital markets in the region. The process of penetrating the market demands, first of all, an increase in the supply of securities, and in this sense, CABEI, in pursuit of this objective, registered, on January 28, 2008, the Medium-Term-Notes Program for USD 1,500 million (“MTN Program”) in the local market. More Information     CABEI donates computers to “Escuela de Niñas República de Colombia” in Siguatepeque, Comayagua Siguatepeque, Comayagua, September 05, 2008 CABEI carries out an initiave to enhance the education of more than 300 girls that study in this education center. More Information     CABEI promotes funding of environmentally-friendly investments Tegucigalpa, Honduras, September 05, 2008 More Information     "Rehabilitating roads in the communities of Santa Fe, La Cabrera, El Espino, El Jícaro, Las Tablas and Las Pozas Cinco Pinos“ Project Chinandega, Nicaragua, September 02, 2008 Under the framework of the Program to Develop the Border Zones of Central America, funded by the European Union and the Central American Bank for Economic Integration (CABEI) More Information     "Installation of solar panels in 4 communities located in the high zones of the microwatershed Paso Los Caballos" Project. Chinandega, Nicaragua, September 02, 2008 Under the framework of the Program to Develop the Border Zones of Central America, funded by the European Union and the Central American Bank for Economic Integration (CABEI) More Information     CABEI to present regional microfinancing prize to The Crysol Foundation of Guatemala Guatemala City, Guatemala, August 25, 2008 The CRYSOL Foundation, which in Spanish shorthand stands for “Growth and Sustainability”, was announced as the prize’s recipient following a rigorous selection process that included 64 Central American non-bank financial institutions. Eligible financial institutions were those that had working relationships with CABEI, including experience channeling Bank resources to underprivileged individuals aimed at generating employment and reducing regional poverty. More Information     CABEI improves the financial environment for Bio-friendly Small Enterprises in Central America Tegucigalpa, Honduras, August 21, 2008 The Central American Bank for Economic Integration (CABEI), under the framework of the Central American Markets for Biodiversity Project (CAMBio), reaffirms its commitment to regional development by approving financing and technical support for Costa Rica’s “Proposal Plan for the Governance and Sustainability of Marine Resources in the Exclusive Economic Zone”. The plan’s objective is to integrate, coordinate, and harmonize Costa Rican policies vis-à-vis national marine resources and coastal areas. This proposal will involve the Environmental and Energy Ministry (Spanish acronym MINAE) and the Costa Rican Institute of Fisheries (under the umbrella of the Agricultural Ministry, Spanish acronym MAG), the latter participating by means of its’ National Fishing and Aquaculture Development Plan. More Information     CABEI announced its 7th Bond Issuance in Mexico Tegucigalpa, Honduras, August 21, 2008 CABEI demonstrated its strength in global capital markets by issuing MXN$ 350 million in bonds maturing in 12 years. This successful placement happened amid adverse international markets, low investor confidence and a credit crisis. More Information     CABEI launches “Productive Chain” for Francisco Gavidia University San Salvador, El Salvador, August 14, 2008 Micro, Small, and Medium Enterprises (MSME) will benefit from today’s agreement between the Central American Bank for Economic Integration (CABEI) and Francisco Gavidia University (UFG) of El Salvador. More Information     CABEI sponsors risk management workshop for Latin America Tegucigalpa, Honduras, July 21, 2008 The event was opened by CABEI Acting Vice President Roberto Serrano and by Javier Rodriguez, Head of ALIDE’s Technical Assistance Program. More Information     CABEI delivers food security program to SICA Tegucigalpa, Honduras, July 16, 2008 CABEI delivered the “Program for Strengthening Food Security in Central America” to Honduran President Manuel Zelaya, an aid package of US$ 300 million for the entire region. More Information     CABEI and IADB provide US$ 240 million for Puerto Cortés Tegucigalpa, Honduras, July 11, 2008 The Central American Bank for Economic Integration (CABEI) and the Inter-American Development Bank (IADB) offered $240,000,000 in financing for the project entitled “Expansion and Improvement of Port Infrastructure at Puerto Cortes”. This financing is a joint effort by both development organizations, each providing US$ 120 million to the project More Information     CABEI and Honduras inaugurate the Villa San Antonio – Goascorán Highway Project Tegucigalpa, Honduras, July 05, 2008 Operation of the Villa de San Antonio – Goascorán Atlantic-Pacific Interconnecting Path will be crucial for the creation of a new transport route in Honduras that will connect production zones to the country’s ports on both coasts. This route will provide access to maritime transport services from Puerto Cortés and Puerto Barrios on the Atlantic; and La Unión, Henecán, and Corinto on the Pacific. More Information     CABEI strengthens central american food security with a US$ 300 million program San Salvador, El Salvador, June 27, 2008 Before the current international food shortage, CABEI had designed a program that would facilitate successful implementation of the Central American Agriculture Council’s (CAC) “Emergency Plan for Increasing Production of Staple Grains in Central America”. More Information     CABEI strengthen ties with Lombardy Tegucigalpa, Honduras, June 18, 2008 With the goal of strengthening cooperation with governments, autonomous regions, international and regional organizations, the Central American Bank for Economic Integration (CABEI) on June 18 signed an inter-institutional framework agreement with the Lombardy Region of Italy. More Information     CABEI authorizes US$ 3 million for the Chorotega Savings and Credit Cooperative Tegucigalpa, Honduras, June 17, 2008 On June 17, the Central American Bank for Economic Integration (CABEI) made available to the Chorotega Savings and Credit Cooperative, Ltd. of Honduras a Global Credit Line for financing medium and long term work capital and operations. More Information     CABEI, Honduras, and the MCC of the United States commit to expanding Highway CA-5 North Tegucigalpa, Honduras, June 04, 2008 Representatives from the Government of Honduras, the Millennium Challenge Corporation (MCC) of the United States Government, and the Central American Bank for Economic Integration (CABEI) signed a Declaration of Commitment for Co-financing. This declaration commits MCC to provide US$ 87.9 million and CABEI to US$ 130 million for a total of US$ 217.9 million. These funds will be used for the expansion of the Tegucigalpa – Taulabé Highway (beginning and ending in the Comayagua valley). More Information     CABEI placed a successful bond issue in Mexico Tegucigalpa, May 31, 2008 Since mid-last year, international markets have experienced difficult times, amid a sub-prime crisis, increased credit margins, high volatility, and sky-rocketed energy prices adding to the turbulence. Nonetheless, a good credit history sells itself regardless of an adverse environment. With ambitious price guidance, CABEI on May 28th announced its 4th public bond issue of 750 million Mexican Pesos due 2010. More Information     CABEI Executive President Passes Away Tegucigalpa, Honduras, May 30, 2008 With profound sorrow, the Governors, Board of Directors, and Executive Vice President of the Central American Bank for Economic Integration regret to inform that this morning, May 30, 2008, our Executive President, Dr. Harry Brautigam Ortega passed away while returning from official duties. More Information     The EU and CABEI inaugurate the project entitled “Introduction of Drinkable Water in the Punta Jocote Neighborhood”, Department of La Unión El Salvador, May 23, 2008 The European Union (EU) and the Central American Bank for Economic Integration (CABEI) inaugurated the project “Introduction of Drinkable Water in the Punta Jocote Neighborhood” in the municipality of Conchagua, Department of La Unión, El Salvador. More Information     The EU and CABEI inaugurate the Pasaquina Municipal Market in the Department of La Unión El Salvador, May 23, 2008 The European Union (EU) and the Central American Bank for Economic Integration (CABEI) inaugurated the project “Pasaquina Municipal Market” in the Department of La Unión, Republic of El Salvador. More Information     The European Union and CABEI inaugurate a project to improve access routes in Pueblo Nuevo, Department of Estelí, Nicaragua Nicaragua, May 15, 2008 On May 13, 2008 The European Union and the Central American Bank for Economic Integration (CABEI) inaugurated a project in the city of Pueblo Nuevo, Department of Estelí entitled “Improvement of Access Routes in the neighborhoods of Bryon Jiménez, Saúl Tercero, and Rigoberto López Pérez”. The project’s aim is to improve road infrastructure conditions to directly benefit its 3,441 residents. More Information     CABEI increase efficiency of MSME Strategic Ally El Salvador, May 15, 2008 The Central American Bank for Economic Integration (CABEI) approved two “non-reimbursable technical cooperations” for the Banco de Fomento Agropecuario (Bank for Agriculture Promotion) (BFA), a financial institution of the Republic of El Salvador. More Information     Issuing Securities in Lempiras Tegucigalpa, Honduras, May 12, 2008 One of CABEI’s institutional objectives is to strengthen and promote the development, depth, and competitiveness of Central American capital markets. This is to be achieved by issuing short, medium, and long term bonds and by the simultaneous offering of innovative products. More Information     Cooperation on the project entitled “Improvement of Access Routes in the Linda Vista Neighborhood”. Managua, Nicaragua, April 28, 2008 CABEI has the pleasure to announce a donation to the Municipality of Somoto, Department of Madriz, for the amount of US$157,500.00. This donation comes under the framework of the Central American Border Zone Development Program (Spanish acronym ZONAF), an anti-poverty program financed jointly by the European Union and the Central American Bank for Economic Integration (CABEI). This donation will be used to finance a project in Somoto entitled “Improvement of Access Routes in the Linda Vista Neighborhood”. More Information     CABEI holds 48th Assembly of Governors La Romana, Dominican Republic, April 11, 2008 The Board of Governors of the Central American Bank for Economic Integration (CABEI), consisting of high-level representatives from the bank’s 12 member countries, held their annual assembly on the 9th and 10th of April, 2008. Of note at this year’s event was a report on CABEI’s financial statements for 2007. More Information     The Stengthening of Plan Puebla Panama Continues Tegucigalpa, March 24, 2008 The Executive Committee of Plan Puebla Panama (PPP), the highest forum for agreements on strategic lines, gathered on the 13th of March at the Tegucigalpa headquarters of the Central American Bank for Economic Integration (CABEI). More Information     Cooperation on the Project “Drinkable Water Supply for the Town Center of Santo Tomás del Norte, Department of Chinandega, Nicaragua” Managua, Nicaragua, March 24, 2008 CABEI has the pleasure to announce a donation to the Municipality of Santo Tomás del Norte for the amount of US$ 150,900.00. This donation comes under the framework of the Central American Border Zone Development Program (Spanish acronym ZONAF), an anti-poverty program financed jointly by the European Union and the Central American Bank for Economic Integration (CABEI). This donation will be used to finance a Project entitled “Drinkable Water Supply for the Town Center of Santo Tomás del Norte, Department of Chinandega, Nicaragua”. More Information     Promoting Socially Responsible Business (SRB) in Central America Managua, Nicaragua, March 13, 2008 On February 29, 2008 a letter of intent was signed in Managua by the Central American Bank for Economic Integration (CABEI) and a group of Central American organizations devoted to Socially Responsible Business (SRB). The purpose was to define SRB and to begin the implementation of SRB-related programs within the region. More Information     The European Union and CABEI inaugurate a stretch of road from the Valle Nuevo community to the Llano Largo estuary Valle Department, Honduras, March 13, 2008 The EU and CABEI inaugurated a stretch of road from Valle Nuevo to the Llano Largo estuary in the municipality of Alianza. More Information     CABEI seeks to strengthen its strategic allies. Guatemala City, Guatemala, March 12, 2008 The Central American Bank for Economic Integration (CABEI) approved non-reimbursable technical cooperation for the Guatemalan Foundation for Financial Consulting to Development and Social Service Institutions (FAFIDESS). More Information     CABEI and Banco FICOHSA sign an agreement to strengthen Honduran Productive Sectors Tegucigalpa, Honduras, February 21, 2008 Honduran productive sectors will be the beneficiaries of a US$ 21.5 million increase in the global credit line granted to Banco Financiera Comercial Hondureña, S.A. (FICOHSA) by the Central American Bank for Economic Integration (CABEI). More Information     CABEI and Banco Hondureño del Café sign an agreement to strengthen the Productive Sectors of Honduras Tegucigalpa, Honduras, January 24, 2008 The Honduran productive sectors will be the beneficiaries of CABEI´s approval of US$5.0 million to the Banco Hondureño del Café S.A (BANHCAFE) through the opening of a Global Credit Line (GCL). More Information     The Central American Bank for Economic Integration and the Italian Cooperation Agency host an International Conference Guatemala City, Guatemala, December 17, 2007 The Central American Bank for Economic Integration (CABEI), the financial arm of the economic and social development and integration of the Central American countries, and the Italian Cooperation Agency held an international conference focusing on development issues. More Information     Fitch improves the credit rating for long-term CABEI debt Tegucigalpa. Honduras, December 17, 2007 Fitch Ratings Agency announced in New York an upgrade in the credit rating of the Central American Bank for Economic Integration (CABEI) from BBB+ to A– for its long-term debt in foreign currency, with a stable outlook. It also reaffirmed the Bank’s short–term rating of F2. More Information     CABEI makes its first bond placement in Thailand Tegucigalpa. Honduras, December 17, 2007 International financial markets have been characterized by extreme volatility in the past six months. Nonetheless, in spite of turbulent conditions at the global level, on November 30th in Bangkok, Thailand, CABEI placed 10-year bonds amounting to 2,374 million Thai bahts. More Information     Empresas Públicas de Medellín´s First Hydroelectric Plant Outside Colombia. Tegucigalpa/Honduras - Washington D.C. (USA), December 12, 2007 CABEI, the Multilateral Development Bank in the Central American region and CIFI, a strongly capitalized lending institution with a focus in the financing of infrastructure and energy projects, have announced that they have been mandated to arrange up to US$52.1 million debt financing for Hidroecológica del Teribe S.A. to finance its 31.3MW Hydroelectric Project HydroBonyic in the Bocas del Toro Province in Panama. More Information     The ARECA Project “Accelerating Renewable Energy Investment in Central America through CABEI” Tegucigalpa. Honduras, November 27, 2007 CABEI, Central America’s multilateral development and integration bank, the United Nations Development Program (UNDP) and the Global Environment Fund (GEF) today inaugurated the ARECA Project, “Accelerating Renewable Energy Investment in Central America through CABEI.” ARECA is aimed at strengthening CABEI´s catalyzing role in the energy sector by providing financing for small and medium scale renewable energy projects of less than 10 MW to provide electricity to the region’s inhabitants while simultaneously reducing greenhouse gas emissions. More Information     CABEI and Banco Continental sign an agreement to strengthen Honduran productive sectors Tegucigalpa. Honduras, November 07, 2007 Honduran productive sectors will be the beneficiaries of a 5 million dollar global credit line granted to Banco Continental by the Central American Bank for Economic Integration (CABEI). More Information     CABEI to finance Buenaventura Industrial Port Complex Tegucigalpa. Honduras, November 05, 2007 The Central American Bank for Economic Integration (CABEI) approved a credit of US$ 86,948,000, 49.04% of the total value, to Complejo Portuario Industrial de Buenaventura S.A. (CPIBSA), a private company established in Colombia in 2005 for the purpose of port investment, construction, maintenance, administration and operation. Construction is programmed to begin in January 2008 and to be terminated in a maximum of thirty-six months. More Information     Central American Conference on Social Housing “The Mexican Model: a Success Story” Tegucigalpa. Honduras, November 01, 2007 The Central American Bank for Economic Integration (CABEI), with the collaboration of the Mexican Ministry of Finance and Public Credit, held the Central American Conference on Social Housing in Tegucigalpa, Honduras. Its objective was to support the development of the social housing sector with new mechanisms that foster a dynamic and profitable housing sector, as well as providing housing solutions to the region’s countries. More Information     31 Leading Development Finance Institutions Bring Corporate Governance to the Forefront of Their Mission Washington, D.C., October 19, 2007 The leaders of 31 Development Finance Institutions issued today a joint statement that positions corporate governance at the forefront of their sustainable development agenda in emerging markets. More Information     CABEI Grants financing to Consorcio Eólico Amayo S.A. Managua, Nicaragua, October 18, 2007 In order to support the Nicaraguan energy sector, the Central American Bank for Economic Integration (CABEI) granted Consorcio Eólico Amayo, S. A. financing of US$ 71.2 million through a global credit line. More Information     Cooperation for the “Construction of the Access Roads of the Reparto Virgen de Candelaria neighborhood to be executed in the urban area of Chichigalpa, Chinandega Department, Nicaragua. Managua, Nicaragua, October 18, 2007 The Central American Bank for Economic Integration (CABEI), the financial arm of the social and economic development of the Central American countries is pleased to report that it has made a donation of US$177,704.00 to the Chichigalpa City Hall in Chinandega Department, Nicaragua, with a combination of CABEI´s own resources and funds from the European Union. More Information     I Regional Conference on Public–Private Associations for Infrastructure Development “Eliminating Myths and Barriers” Tegucigalpa, Honduras, September 27, 2007 In September, in Tegucigalpa, Honduras, the Central American Bank for Economic Integration (CABEI), with the collaboration of the Puebla Panama Plan, held the I Regional Conference on Public-Private Associations in order to generate a work agenda to promote public-private participation in Central America. More Information     CABEI’s Internal Auditing Department receives international certification Tegucigalpa, Honduras, September 20, 2007 The firm PriceWaterhouse Coopers carried out an external evaluation of the processes and practices of CABEI´s Internal Auditing Department and granted it the highest grade that the Institute of Internal Auditors of the United States has defined for such an evaluation. More Information     CABEI carries out the first Regional Program of “Training in Project Identification, Formulation and Evaluation” Tegucigalpa, Honduras, September 18, 2007 In the framework of the cooperation agreement signed between CABEI and Argentina in March 2006 in Bariloche, Argentina, the Bank is now holding the first Regional Program of “Training in Project Identification, Formulation and Evaluation,” which involves technical and administrative training aimed at improving the analysis, identification, formulation, evaluation and financing of projects to facilitate investment decision making and help manage projects in their different phases. More Information     Progress in the implementation of the Puebla Panama Plan agreements signed at the Campeche Summit Tegucigalpa, Honduras, September 14, 2007 The Central American Bank for Economic Integration (CABBEI), the financial arm of the social - economic development and integration of the Central American countries is pleased to inform the Nicaraguan people that it has approved a donation to the Somoto City Hall in the Department of Madriz, Nicaragua. More Information     CABEI supports the pre-investment studies of the Santo Tomás de Castilla National Port Authority in Guatemala Guatemala, September 13, 2007 Last August 24th a pre-investment support contract for US$1,000,000 (one million dollars) from the CABEI FONTEC fund program was signed between the Santo Tomás de Castilla National Port Authority and the Central American Bank for Economic Integration to carry out preinvestment studies involving the development of the Santo Tomás de Castilla Port over the next 20 years. More Information     CABEI provides financial solutions for the country’s MSME sector Tegucigalpa, Honduras, August 15, 2007 As of this date, the Intibucana Savings and Loan Cooperative has at its disposal US$1.5 million to finance operations in the framework of the Program of Support to the Sector of Micro, Small and Medium Financing and Social Housing. More Information     Cooperation for the Improvement of the Access Routes in the Orlando López neighborhood to be executed in the urban area of the city of Somoto Managua, Nicaragua, August 09, 2007 The Central American Bank for Economic Integration (CABBEI), the financial arm of the social - economic development and integration of the Central American countries is pleased to inform the Nicaraguan people that it has approved a donation to the Somoto City Hall in the Department of Madriz, Nicaragua. More Information     CABEI and Finnvera sign memorandum of understanding Helsinki, Finland, August 09, 2007 The Central American Bank for Economic Integration and Finland’s Export Credit Agency (Finnvera) signed a memorandum of understanding in order to strengthen relations and implement projects with Finnish companies in Central America. More Information