$1.3 billion from BCIE for the region

The Bank said that it will not stop injecting capital, especially capital that is used for micro, small and medium companies.

Tuesday, February 3, 2009

Roberto Serrano, vice president of the Central American Bank for Economic Integration (BCIE), said in an article published on LA PRENSA GRAFICA.com: “Although the international economic environment is tough and funds are not flow as much as before, we have the ability to continue capturing money as well as to continue injecting resources toward the micro, small and medium companies sector."



More on this topic

BCIE Credit Line Increased for Costa Rican Financial Company

July 2013

The BCIE has granted an additional $3 million to Desyfin's global credit line, meaning that the total amount it now has reaches $10 million.

With this money Desyfin will finance "programs to support micro, small and medium enterprises, financial intermediation programs for social housing, the housing and urban improvement program, and factoring products for suppliers," explains Nacion.com.

IDB to help Nicaragua restore credit flow to the productive sector

October 2009

A $20 million credit line will channel funds to the financial system for onlending to micro-, small-, and mid-sized productive enterprises

The Inter-American Development Bank approved a $20 million credit line to help the continuity of the flow of credit to Nicaraguan enterprises that have been affected by the international financial crisis.

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.

Credit access project for Panamanian Micro, Small and Medium sized businesses

November 2008

The project seeks to establish mechanisms to collect credit information and evaluations in order to facilitate access to financing for small and medium businesses.

The project, which will be development over 40 months, includes an investment of $1.7 million dollars, of which 69% will be provided by the IDB's Multilateral Investment Fund; the remaining 31% will be provided by the Panama Credit Association (APC).

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