$3.5 Million for Guatemalan SMEs

©image: Chen Hsin Yu

The foundation will use these resources in giving loans to SMEs and communal rural banks.

Édgar Ballsels, director of the Central American Economic Integration Bank (BCIE), told newspaper Prensa Libre that the entity "has decided to extend credit lines for small and medium enterprises...".

Source: prensalibre.com

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$16 Million for Guatemalan SMEs

July 2009

BCIE granted a credit line of $16.3 million to the Bank of Rural Development, known as Banrural, to be loaned to SMEs.

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Another Crutch Factory

March 2011

Another initiative by the corporation of state officials to justify their salaries, at the expense of the over-used “support the SMEs” motto.

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Atlántida Bank to Help Honduran MSMEs

November 2011

The International Finance Corporation (IFC) has signed an agreement with the bank to develop its portfolio of products for small and micro enterprises.

According to a press release from the IFC, the initiative will help create jobs and promote economic growth in Honduras.