Company website: http://www.bcie.org
The Central American Bank for Economic Integration (CABEI) is a multilateral development bank that has been operating for over six decades. CABEI´s primary objective is to promote economic integration and sustainable development in Central America by providing financial resources, technical assistance, and other services to its member countries. CABEI plays a crucial role in financing public and private sector investments in the region and supporting regional integration initiatives. CABEI is owned by 15 member countries, including Belize, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, the Dominican Republic, Cuba, and several non-regional countries like Argentina, Colombia, South Korea, Spain, and the Republic of China Taiwan.
Since its establishment in 1960, CABEI has been a key player in the Central American region, offering financial resources to both the public and private sectors. With a capital of US$7.0 billion, the bank has provided a total disbursement of US$37.0 billion as of 2022, driving economic progress, social development, and regional synergies.
One of the main roles of CABEI is to provide financing to support development projects in the region. CABEI provides loans, grants, and technical assistance to support a wide range of projects, including infrastructure development, energy, transportation, agriculture, education, health, and housing. CABEI is committed to promoting inclusive and sustainable development, promoting environmental sustainability, and ensuring that its projects have a positive social impact.
The Bank's efforts have been recognized internationally, as evidenced by Moody's Investor Service increasing CABEI's long-term international risk rating from "A1" to "Aa3" in 2019, and Standard & Poor's confirming its international credit rating at "AA." These ratings have solidified CABEI's position as the best credit risk in Latin America and significantly improved its prospects of achieving an indicator of "AAA." As a result, the Bank has continued to grow, establishing itself as the most significant source of multilateral funding in the region.
LinkedIn: https://www.linkedin.com/company/bcie/
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