CABEI allocates $150 million to promote the Regional Securities Market

The director of the Central American Bank for Economic Integration (CABEI) for El Salvador, Luis Rodríguez, affirmed that the financial organization made available $150 million to boost the regional stock market.

“There will be a fund of $150 million as a first step” — Rodríguez stated. The director of CABEI added that the objective of the regional securities market is that the search for funds be local.

Rodríguez indicated that this includes project financing, debt structuring, bond placement, and other initiatives.

“The fact of having the stock market here in the region physically implies that a much cheaper search for funds can be made” — Rodríguez explained.

An additional benefit of the regional securities market is that it allows maximum investment.