Central American Bank for Economic Integration

Japan Credit Rating Agency affirms CABEI's international credit risk rating of "AA", with a stable outlook

Retrieved on: 
Thursday, April 27, 2023
CABEI, COVID-19, Institution, Japan Credit Rating Agency, Republic, Korea, South Korea, Integration, Economic development, Bank, Economic integration, Transformative Innovation for Development and Emergency Support, Credit, JCR, Central American Bank for Economic Integration

TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.

Key Points: 
  • TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.
  • According to JCR's official statement, the Bank's credit rating is based on the solid support from its member countries, its preferred creditor status, and sound financial structure and ample liquidity.
  • CABEI not only retains ample liquidity based on its prudent financial rules but also maintains its financial soundness by diversifying its funding sources.
  • In this regard, he emphasized the importance of continuing to incorporate member countries with high credit ratings to continue improving the Bank's rating, and thus enhance the channeling of resources to the Central American region in stable and competitive financial conditions.

CABEI Executive President Dr. Dante Mossi Speaks On Nicaragua’s Economic Development In a Conversation at The Inter-American Dialogue

Retrieved on: 
Monday, March 20, 2023
CSIS, Inter-American Dialogue, CABEI, Dialogue, Programmer, Quality of life, Investment, Economic integration, Central American Bank for Economic Integration, Drug

CABEI Executive Director Dr. Dante Mossi spoke about the organization’s mission and its role in funding projects in Nicaragua and engaged in an important conversation about the bank’s responsibilities to its members.

Key Points: 
  • CABEI Executive Director Dr. Dante Mossi spoke about the organization’s mission and its role in funding projects in Nicaragua and engaged in an important conversation about the bank’s responsibilities to its members.
  • Dr. Mossi’s conversation with Berg and Orozco over concerns of the organization’s ties to the Nicaraguan government has brought about avenues for CABEI, CSIS, and The Dialogue to collaborate for change.
  • “For the first time, Central America can make decisions on its own,” said Dr. Mossi.
  • Dr. Mossi added: “People see CABEI as the one to criticize, rather than the one to work with.

Central American Bank for Economic Integration and the U.S. Trade and Development Agency will work to boost trade and cooperation in the region

Retrieved on: 
Thursday, March 16, 2023
Bank, Capacity building, Central American Bank for Economic Integration, Economic integration, Partnership, United States Trade and Development Agency, Integration, CABEI, Speech, Area studies, Aid, USTDA, Drug

Washington, D.C., March 16, 2023 (GLOBE NEWSWIRE) -- In order to facilitate cooperation and the development of projects to benefit the countries of the region, the Central American Bank for Economic Integration (CABEI) and the United States Trade and Development Agency (USTDA) signed a memorandum of understanding that will strengthen economic, trade and investment relations.

Key Points: 
  • Washington, D.C., March 16, 2023 (GLOBE NEWSWIRE) -- In order to facilitate cooperation and the development of projects to benefit the countries of the region, the Central American Bank for Economic Integration (CABEI) and the United States Trade and Development Agency (USTDA) signed a memorandum of understanding that will strengthen economic, trade and investment relations.
  • The agreement was signed by CABEI's Executive President, Dr. Dante Mossi, and the Director of the U.S. Trade and Development Agency, Enoh T. Ebong.
  • USTDA links U.S. businesses to export opportunities by funding project preparation and partnership-building activities that develop sustainable infrastructure and foster economic growth in partner countries.
  • Together with its member countries, CABEI works to identify opportunities for attracting investment in strategic sectors, such as sustainable mobility, blue economy, innovation, and technology linked to the trade sector.

Central American Bank for Economic Integration Announces Plans to Finance Millions in Electric Mobility

Retrieved on: 
Thursday, November 24, 2022
Motor vehicle, Integration, Council, Central American Integration System, Economic integration, Ecosystem, State, SICA, Central American Bank for Economic Integration, HUGE, Investment, EV, CABEI, Atlantic Council, EVS, GM, Assistant, Transport, Bureau of Energy Resources, COP27, Working Group, World energy consumption, Renewable energy, Navistar International

WASHINGTON, Nov. 23, 2022 /PRNewswire/ --This week, the Central American Bank for Economic Integration (CABEI) announced plans to finance millions in electric vehicle (EV) investments in Central America.The announcement took place during their event, CABEI Business Forum 2022: Introducing Electric Mobility in Central America, which featured Assistant Secretary of State Geoffrey Pyatt, Bureau of Energy Resources, and leading US companies in the transportation sector.

Key Points: 
  • WASHINGTON, Nov. 23, 2022 /PRNewswire/ --This week, the Central American Bank for Economic Integration (CABEI) announced plans to finance millions in electric vehicle (EV) investments in Central America.The announcement took place during their event, CABEI Business Forum 2022: Introducing Electric Mobility in Central America, which featured Assistant Secretary of State Geoffrey Pyatt, Bureau of Energy Resources, and leading US companies in the transportation sector.
  • "Today's forum will help make the investment connections needed to bring more EVs to Central America."
  • "The Central American region holds incredible promise for the adoption of electric vehicles," said Marianne McInerney, Chief Marketing Officer of Cenntro Automotive.
  • The Central American Bank for Economic Integration (CABEI) focuses its efforts on the development of key sectors that allow economic, social, and environmental development.

Saudi Arabia Islamic Finance (Musharaka, Wadiah, Murabahah, Ijara, Mudarabah) Markets, Competition, Forecast & Opportunities, 2022-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, October 28, 2022
Professional Services, Religion, Consumer, Finance, Saudi National Bank, Riyad Bank, Islamic Development Bank, Murabaha, Central American Bank for Economic Integration, Islam, CAGR, Growth, Competition, National bank, Government, Profit and loss sharing, SABB (Saudi bank), Income, Bank Aljazira, Arab National Bank, Projection, Banque Saudi Fransi, Al Bilad Bank, Alinma Bank, Al-Rajhi Bank, Education, Forecast, Saudi Vision 2030, Tourism, Sharia, Kingdom, AAA, Weapon, Oil, Bank, Renewable energy

Saudi Arabia Islamic finance market is anticipated to grow at an impressive CAGR during the forecast period, 2023-2027

Key Points: 
  • Saudi Arabia Islamic finance market is anticipated to grow at an impressive CAGR during the forecast period, 2023-2027
    One of the biggest economies in the Middle East is Saudi Arabia, which also leads the global Islamic finance market.
  • To estimate and forecast the market size of Saudi Arabia Islamic Finance Market from 2022 to 2027 and growth rate until 2027.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabia Islamic Finance Market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia Islamic Finance Market.

FELABAN and ACAMS Partner to Strengthen Anti-Financial Crime Compliance in Latin America

Retrieved on: 
Wednesday, August 24, 2022
Partnership, ACAMS, Safety, AML, CTF, Organization, Central American Bank for Economic Integration, Human, GLOBE, Leadership, Compliance, CAMS, ESG, Certification, Communication, Federation, CTMA, AFC, CGSS, Â, Property management, Cryptocurrency, American

The initiative will offer globally recognized ACAMS training certifications to compliance practitioners across 18 Latin American countries and more than 600 of FELABANs member institutions in the regions banking and payments sectors.

Key Points: 
  • The initiative will offer globally recognized ACAMS training certifications to compliance practitioners across 18 Latin American countries and more than 600 of FELABANs member institutions in the regions banking and payments sectors.
  • The CAMS credential is widely viewed as the global gold standard for anti-money laundering (AML) compliance training.
  • As the leading voice for Latin American banks, FELABAN provides high-level educational and advocacy services for 18 banking associations, more than 600 financial institutions, and other organizations and correspondent members.
  • ACAMS is the largest international membership organization dedicated to providing opportunities foranti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally.

ClimateCoin Announces Javier Manzanares of Green Climate Fund as New Co-CEO

Retrieved on: 
Monday, April 11, 2022
Carbon, Organization, Sustainability, Sustainable Development Goals, UN, Climate change, Multimedia, Board, Eritrean Investment and Development Bank, Task force, Green Climate Fund, Goal, MERCOSUR, Economic integration, Integration, Investment, Climate, Lists of countries and territories, International Association, Movement, Central American Bank for Economic Integration, Project, Development, Empowerment, Renewable energy, Cryptocurrency, Manzanar (disambiguation)

MIAMI, April 11, 2022 /PRNewswire/ -- ClimateCoin, the creator of the world's first regulated digital carbon asset, today announced Javier Manzanares as co-CEO of the company. He will share the title and responsibilities with Pedro Ramón López García, Co-Founder of ClimateCoin and ClimateTrade. The addition of Manzanares will enable ClimateCoin to further expand into the U.S. market and deliver the environmental, financial, and societal benefits of ClimateCoin to a global base of companies, organizations, and individual investors.   

Key Points: 
  • In addition to leading ClimateCoin, Manzanares is also a member of the ClimateTrade Advisory Board.
  • He comes to ClimateCoin from the Green Climate Fund where he served as deputy executive director for eight years, supporting the efforts of developing countries in responding to climate change.
  • The company aims to unleash a global investment movement to neutralize and reverse Earth's climate threat by democratizing climate finance.
  • The event will feature keynote remarks from ClimateCoin co-CEOs Javier Manzanares and Pedro Ramn Lpez Garca as well as Miami Mayor Francis X. Suarez.

Honduras Air Force transported to Central America and Dominican Republic coronavirus screening tests donated by CABEI

Retrieved on: 
Tuesday, April 7, 2020
Americas, Tegucigalpa, HONDURAS, Central American Bank for Economic Integration, Geography of North America, CENTRAL AMERICA

TEGUCIGALPA, Honduras, April 7, 2020 /PRNewswire/ -- The President of Honduras, Juan Orlando Hernndez, instructed the Air Force to transport and deliver to the Central American nations andDominican Republic 182,000 COVID-19 rapid test kits donated by the Central American Bank for Economic Integration (CABEI).

Key Points: 
  • TEGUCIGALPA, Honduras, April 7, 2020 /PRNewswire/ -- The President of Honduras, Juan Orlando Hernndez, instructed the Air Force to transport and deliver to the Central American nations andDominican Republic 182,000 COVID-19 rapid test kits donated by the Central American Bank for Economic Integration (CABEI).
  • The donation was transported in a FAH-001 Legacy aircraft from Panama, where the cargo arrived from South Korea, in a quick solidarity operation that allowed to deliver in record time the kits to the capitals of the beneficiary countries.
  • President Hernndez express his profound gratitude to the women and men in the Honduran Armed Forces for their service to the people of Central America and Dominican Republic in critical moments.
  • The government of Honduras purchased additional 250,000 COVID-19 rapid test kits for the Honduran population.