ProCredit Bank Romania, a development-oriented, full service bank focused on microlending, has announced plans to increase its share capital by å¥4 million by the end of March. The new capital will come from increased investments by parent network ProCredit Holdings, which will increase its stake in the local bank from 26% to 34%; and Commerzbank, which will increase its stake to 21%. Additionally, the European Bank for Reconstruction and Development will provide funding to maintain its current stake in the bank.
Continue reading “Major Shareholders ProCredit Holdings, Commerzbank, and European Bank for Reconstruction and Development Increase Equity Investment in Microfinance Institution, ProCredit Romania”
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