Bolivia
ProCredit Group Central Bank Mandatory Reserves Coverage, Bolivia
$6.8 million
Banking
Project Brief
Not Active
Project Description
In December 2011, MIGA issued a guarantee of $10.8 million to ProCredit Holding (PCH) covering its investment in its subsidiary in Bolivia. In fiscal year 2015, the contract was amended to provide additional coverage of $6.8 million. The scope of the project has not changed. Please refer to the brief issued in fiscal year 2012.[1]
[1] The guarantee was cancelled on December 21, 2016.