Central American Bank for Economic Integration
The Central American Bank for Economic Integration ( Spanish Banco Centroamericano de Integración Económica , shortly BCIE , English Central American Bank for Economic Integration , CABEI ) was founded in 1960, the economic integration and international development of the Central American countries to promote.
tasks
The BCIE primarily grants loans at slightly reduced interest rates, which are generally used for projects in the field of infrastructure (road, transport, energy supply, telecommunications). Because the five Central American member states do not have a single currency , they use an artificial unit of account, the so-called peso centroamericano , which corresponds to the equivalent of one US dollar , when granting loans . As currently the largest financial institution in Central America, the Development Bank's strategy aims to combat poverty, regional integration and the competitive integration of Central America into the global economy.
Members
The bank is based in Tegucigalpa , Honduras . It has five member states from the Central American region and six more that are not from the region. Members from outside the region have only been admitted since 1989 in order to underpin the bank's international political weight.
Regional member states
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Non-regional member states
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Argentina since 1995 -
Colombia since 1997 -
Mexico since 1992 -
Taiwan since 1992 -
Spain since 2004 -
Panama since 2006
president
From September 2003 to May 2008, the BCIE was president of the Nicaraguan Harry Brautigam . He died on May 30 of a heart attack following a TACA Airbus A320 plane crash in Tegucigalpa (Honduras) at the age of 60.
Individual evidence
- ↑ C-CAA.org (2006) ( Memento of the original from May 17, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF file; 66 kB)
- ^ Panama's economic agreement with other states . Federal Foreign Office website. Retrieved October 31, 2010.
- ↑ Der Standard (May 31, 2008): At least five people killed in a plane crash in Honduras.
Web links
- Central American Bank for Economic Integration - in English
- Banco Centroamericano de Integración Economica - in Spanish