ProCredit Group Central Bank Mandatory Reserves Coverage, Moldova
Project Description
In December 2010, MIGA issued a guarantee of $4.1 million to ProCredit Holding (PCH) covering its investment in its subsidiary in Moldova. In fiscal year 2015, the contract was amended to provide additional coverage of $7.9 million. The scope of the project has not changed. Please refer to the brief issued in fiscal year 2011.[i]