All agreed loans

International. Central American Bank for Economic Integration (CABEI)

Date of loan: 4 Sep 2014
Country: International
Customer: Central American Bank for Economic Integration (CABEI)
Amount in USD: USD 60 million
Amount in EUR: EUR 46.1 million
Maturity: 15 years
NACE sector / loan type: Loan programme
Business area: Financial institutions and SMEs

Project

The loan programme has been provided for CABEI for onlending  to projects complying with NIB’s eligibility criteria. Currently, demand for technologies and equipment from Nordic suppliers is experiencing an upsurge, particularly in the sectors of renewable energy and healthcare in the region. The new loan programme complements three previous loan programmes totalling USD 90 million.

CABEI is the leading source of multilateral financing for the integration and economic and social development of Central America. The following countries are eligible for financing from CABEI: Argentina, Belize, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and Panama.

Sustainability summary

Each allocation within the loan programme will be assessed for its impact on the environmental and social sustainability.