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Signature(s)

Amount
€ 18,561,156.34
Sector(s)
Credit lines : € 18,561,156.34
Signature date(s)
17/12/2002 : € 18,561,156.34
Link to source
Data sheet
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Summary sheet

Release date
19 December 2002
Status
Reference
Signed | 17/12/2002
20020330
Project name
Promoter - financial intermediary
CABEI (Global Loan II)
Central American Bank for Economic Integration (CABEI)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
n.a.
Description
Objectives

Global loan facility to finance projects in industry, agro-industry, infrastructure, tourism, energy and telecommunications, and related services.

To promote new investments in the region to increase the productivity and competitiveness of small and medium size companies; to safeguard and increase employment opportunities and indirectly to reduce poverty and increase human welfare.

Environmental aspects
Procurement

The intermediary will be required to pay particular attention, during the appraisal of investments, to assessing environmental aspects. Allocations will be required to comply with national environmental standards and with EIB's environmental reporting requirements for operations of this type.

n.a.

Comments

Industry, agro-industry, infrastructure, tourism, energy and telecommunications.

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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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