May 30, 2023- The Latin American Association of Development Financing Institutions (ALIDE) and Banco Hondureño para la Producción y la Vivienda (BANHPROVI) completed the preparations to celebrate the 53^rd ALIDE General Assembly that will take place in San Pedro Sula, Honduras, from May 31 to June 2.

The event seeks to analyze the potential of Latin America and the Caribbean to interact in the international economy with the various regions of the world and attract investments and world-class companies.

Before the opening of the Assembly, on May 30, a session on the central theme: “Central America in the world: challenges and opportunities” was held, where it was explained that one of the main challenges in Central America is to combat crime and climate change, which affect the agriculture and tourism sectors.

Julissa Vásquez, Secretary General of BANDEX, affirmed that the informality in MSMEs in Central America has negative effects for both business owners and the economy in general.

She specified that this is because it restricts their ability to obtain financing and be a party to contracts with governmental entities or large companies. In addition, Vásquez pointed out that it also hinders the creation of quality jobs and compliance with labor rights.

In the session moderated by Irvin Zavala, Manager of BANHPROVI, Odalis Francisco Marte, Executive Secretary of SECMCA; José Manuel Otero, Head of Operations for Central America of the EIB; Armando Navarrete, Chief Economist of BCIE; and Daniel Castillo, Vice President of BANADESA also participated.

The panelists highlighted the opportunities that the region has to promote its sustainable development, such as its geographical position and access to nearby markets, and tourism.

Opening of the 53rd Assembly

La sesión inaugural de la 53 Asamblea General se desarrollará el 31 de mayo en el Copantl Hotel & Convention Center, con la participación de la Presidenta de Honduras, Xiomara Castro; el presidente de ALIDE, Luis Antonio Ramírez; y el presidente de Banhprovi, Edwin Araque.

Cabe destacar que las sesiones se desarrollarán en formato híbrido, de manera presencial y virtual, y contarán con la participación de casi 200 representantes de la banca de desarrollo de la región y organismos internacionales, tales como el Banco Interamericano de Desarrollo (BID), Banco Mundial, Banco de Desarrollo de América Latina (CAF), Banco Centroamericano de Integración Económica (BCIE), Agence Française de Développement, KfW Development Bank, Banco Europeo de Inversiones (BEI), entre otros.

About ALIDE

ALIDE is the community of financial institutions that produce banking solutions for Latin American and Caribbean development. Founded in 1968, its main purpose is to contribute to the region’s economic and social development by promoting the use of good development finance practices among its members. It is comprised of more than 80 member institutions operating in over 20 countries of Latin America and other regions of the world.

Contact

Communnication Unit of ALIDE
Phone: +511-203-5520 |: Ext: 227
comunicaciones@alide.org, comunicaciones2@alide.org
www.alide.org