CABEI increases credit line for Banco Industrial

CABEI increases credit line for Banco Industrial

International Financial Institutions Loans Bonds ESG Guatemala Honduras Central America Argentina Commerce Project & Infrastructure Finance

The Central American Bank for Economic Integration (CABEI) said Tuesday that it added $100 million to a credit line for Guatemala's Banco Industrial to provide financing for small and medium-sized enterprises (SMEs), increasing the total to $150 million. The larger loan is expected to create 75,625 new jobs, including 43% for women, through "accessible financing" for 1,375 small businesses in infrastructure, construction, commerce and agriculture among other sectors, CABEI said in a press releas

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