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March 30, 2023

EUR 11.4 M syndicated loan to ProCredit Bank Romania

The European Bank for Reconstruction and Development (EBRD) is continuing to support the availability of financing to the economy sector with a EUR 11.4 M syndicated loan to ProCredit Bank Romania, a press release informs. Structured under the EBRD’s A/B loan scheme, the facility includes a EUR 8.4 M “A” loan, of which EUR 5 M for the EBRD’s account and the additional EUR 3.4 M was provided by the International Cooperation and Development Fund (ICDF) Taiwan. The EUR 3 M “B” loan portion of the loan was syndicated to responsibility SICAV (Lux) Financial Inclusion Fund and responsibility SICAV (Lux) Mikrofinanz-Fonds.

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