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CABEI Approves $3 Billion Capital Boost to Secure Long-Term Growth

Meeting in Oviedo, Spain, the CABEI Board of Governors authorized a Ninth Capital Increase, raising the institution's total capital from $7 billion to $10 billion. This strategic maneuver aims to bolster the bank’s financial footing and expand its capacity to fund large-scale regional development projects across its member nations.

CABEI Approves $3 Billion Capital Boost to Secure Long-Term Growth
Photo: Bio & News

The board’s decision marks a pivotal shift in the 66-year-old institution's trajectory. Alongside the capital injection, governors amended the bank’s Constitutive Agreement to elevate Panama and the Dominican Republic to Series A shareholders. This structural change is designed to attract further high-caliber investment and protect the bank's current AA+ credit rating, reinforcing its standing among global multilateral lenders.

Executive President Gisela Sánchez described the move as a foundation for the next three decades of institutional operations. She emphasized that the bank will prioritize technical rigor and resource efficiency to drive social and environmental integration. With 15 member countries spanning from the Americas to Europe and Asia, the bank remains the primary multilateral financier for Central America, responsible for roughly half of all regional development funding over the last two decades.

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