BCIE Assembly in Guatemala

The LXII Assembly of BCIE Governors will elect the the entity's new executive president tomorrow in Guatemala.

Thursday, November 13, 2008

The election will be held after a international public competition, officials from the Central American Bank for Economic Integration (BCIE) reported.

After the death of Harry Brautigam, the BCIE called for the public competition among citizens from the five founding Central American countries (Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica).

More on this topic

Honduran Government Withdraws Funds From BCIE

September 2009

The government ordered private banks to withdraw deposits from the BCIE in a 20 day period.

Sandra de Midence, President of the Central Bank of Honduras (BCH), reported that Honduran banks have $60 to $70 million deposited at the Central American Economic Integration Bank (BCIE).

Pressure on BCIE for Resolving Honduras Situation

August 2009

The Honduran government asked the Central American Economic Integration Bank to quickly and favorably resolve the financial relationship, suspended after Zelaya's deposition.

Warning that "a long time has gone by without a decision by BCIE", Honduran Finance Ministry Gabriela Núñez insisted that if the Central American Economic Integration Bank (BCIE) does not resume its normal relationship by giving out loans already scheduled and others under study, Honduras may resign from the financial entity.

Nick Rischbieth is the new BCIE president

November 2008

Honduran Nick Rischbieth has been chosen to be the new executive president of the Central American Bank for Economic Integration.

Rischbieth, who will take over on December 1, will replace Nicaraguan Harry Brautigam, who died in an airplane accident in the Honduran capital in May, as the head of the Central American institution.

Regional bank to back Costa Rica airport plan

May 2008

The Central American Bank for Economic Integration (BCIE) is to finance the modernization of Costa Rica's Juan Santamaría airport.

BCIE is backing the consortium that aims to take over the airport's operations from Alterra. The consortium, led by Houston Airport System (HAS) has yet to make a formal offer for Alterra, a Bechtel unit.

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