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CABEI raises financing limits outside Central America

CABEI raises financing limits outside Central America

December 12, 2022
Central American development bank says new rules could increase loans by $1.98 bln

International Financial Institutions Loans Debt Central America South America Asia Argentina

The Central American Bank for Economic Integration (CABEI) said it could increase loans by $1.98 billion after it raised the financing limits for member nations outside the region. CABEI also said it increased the limits for non-founding member nations in the region. The increase rises the maximum leverage to a factor of 20 from 10, CABEI said in a press release on Thursday. CABEI's non-regional members are Argentina, Colombia, Cuba, Mexico, Spain, South Korea and Taiwan. Its regional non-foundi

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