“The capital increase will help strengthen ProCredit Bank’s capacity to support the sector of small- and medium-sized enterprises in Romania,” said Ilinca Rosetti, general manager of ProCredit Bank Romania.
Founded in 2002, ProCredit Bank Romania provides financing mainly to small and micro companies in the agricultural sector.
The bank has a widespread ownership, including Commerzbank (with a 19.03% stake), KfW Entwicklungsbank (13.78%), International Finance Corporation (12.63%), the European Bank for Reconstruction and Development (17.10%) and ProCredit Holding (32.22%). (EUR1=RON4.2419)