ProCredit Bank increases its Paid-in capital

By issuing 43,117 additional common shares at a value of MDL 1,000 per share, C.B. ProCredit Bank S.A. has increased its paid-in capital with MDL 43,117,000. The shares were purchased by the bank’s main shareholder – ProCredit Holding (Germany). This increase reflects the trust of our major shareholder and underscores the bank’s stability for its clients and partners.       
 
ProCredit Bank offers a wide range of high-quality banking services tailored to its clients’ needs. Since its foundation as a development-oriented bank in 2007, ProCredit Bank Moldova has focused on providing superior service and building long-term relationships with very small, small and medium-sized enterprises, as these businesses play a significant role in the economic development of the country. The bank also places priority on developing and maintaining a savings culture among private clients as well as building long-term relationships with them. ProCredit Bank has a transparent structure of shareholders which consists exclusively of German and Dutch companies that have more than 25 years’ experience in responsible banking.
 
The funds accumulated by issuing additional shares will be utilised to increase the bank’s resources required for the development and strategy implementation of small businesses, energy efficiency projects and staff training activities.
 
ProCredit Bank. Together. Day by day.
 
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ProCredit Bank is an international bank with 100% foreign capital and with shareholders exclusively from Germany and the Netherlands: ProCredit Holding, Germany (82.89%); KfW, Germany (12.3%); and DOEN Foundation, the Netherlands (4.81%). The bank is part of the international ProCredit group, which operates in 21 countries in Eastern Europe and Latin America.
 
ProCredit Bank is a stable institution dedicated to the long-lasting development of very small, small and medium-sized enterprises. We aim to play a role in the development of these enterprises by investing the time to truly understand their needs and by providing banking products that are tailored to the particularities of each business.
 
ProCredit Bank offers a wide range of secure, simple and accessible banking services. We believe that saving is essential for a stable future, which is why we pay special attention to fostering and developing a savings culture among our clients.
 
ProCredit Bank aims to set new quality standards for its products and services. Furthermore, by offering them in a transparent and open manner, we are contributing to the public’s growing trust in banks.
 
For additional information, please contact our PR Specialist, Eliza Frunza. Telephone: 022-836-431, e-mail: e.frunza@procreditbank.md.
 
© ProCredit Bank, October 18, 2012. All rights reserved.