February 2014 when the long-term issuer rating of CABEI
was upgraded to
esta extendiendo su area de influencia para incluir a Republica Dominicana, que junto con Centroamerica, forma parte del bloque comercial CAFTA con Estados Unidos.
is expanding its coverage area to also include the Dominican Republic, which along with Central America forms part of the CAFTA trade bloc with the United States.
was established under a 'Constitutive Agreement' signed by founding members, which confers on the bank the status of a supranational institution and grants CABEI
several immunities and privileges, including preferred creditor status.
has strong liquidity policies and a high degree of financial
The outlook revision, highlighting the upside rating potential, reflects the shareholder support and the growing franchise value of CABEI
as evidenced in the agreement of its members to provide new paid-in capital, S&P explained.
is the main provider of long-term funding the region, Fitch considers that its shareholders have a vested interest in supporting it, should it run into difficulties.
CIFI was founded by a group of international and multilateral financial institutions that includes among others, Caja Madrid, IIC, and CABEI
, which provide operational support for CIFI's activities in addition to funding facilities.
, the scorecard's three-notch indicated rating
Honduran political turmoil in 2009 illustrated the fragility of shareholder commitment to CABEI
under a stress scenario, although this situation was resolved and relations have been normalized.
The Govt of Costa Rica announced the construction of a new hospital in the province of Puntarenas, with a loan of $100 million from CABEI
, reports Nacion.
Senior Loan participants include CABEI
, FMO, the Danish Export Credit Agency (EKF) and the Belgian Investment Company for Developing Countries (BIO).