High-level Review of the Guarantee Manuals of the Central American Bank for Economic Integration (CABEI)
Area of Operation: Germany (remote)
Duration of Assignment: October 2020 – November 2020
Name of Client: KfW Development Bank
Under the umbrella of the Central American Bank for Economic Integration (CABEI), a guarantee fund was planned to be implemented. The fund received a mandate from the European Union / Latin America Investment Facility (LAIF) for KfW to implement with the CABEI on behalf of the EU to issue guarantees.
As a part of the implementation, KfW sought a firm to carry out a rapid high-level review of the guarantee manuals of the guarantee fund that is planned to be implemented by CABEI covering six Central American countries.
- Identified policy and design areas of the guarantee fund and provided minimum best practice standards to be included while implementing the fund.
- Updated the manuals in line with minimum international best practices.
- Advised senior management of CABEI on minimum best practice standards to be included within the implementation framework.
- Provided recommendations on key several key guarantee design parameters.