ProCredit Group Central Bank Mandatory Reserves Coverage, DRC
Project Description
In December 2011, MIGA issued a guarantee of $5 million to ProCredit Holding (PCH) covering its investment in its subsidiary in the Democratic Republic of Congo. In fiscal year 2015, the contract was amended to provide additional coverage of $3.7 million. The scope of the project has not changed. Please refer to the brief issued in fiscal year 2011. [1]
[1] The guarantee was cancelled on December 21, 2020.