ProCredit Holding announces capital increase of EUR 31.9 million

  • Group of existing shareholders subscribes for new shares
  • New capital strengthens ProCredit Group’s ability to capture attractive future growth prospects

ProCredit Holding AG & Co. KGaA today announced a capital increase of EUR 31.9 million. The existing shareholders KfW, IFC, the DOEN Foundation, responsAbility (via responsAbility Participations and responsAbility Microfinance Leaders Fund), and Ohana Holdings will participate in the capital increase at a price of EUR 11.73 per share. In total 2.7 million new shares are going to be issued in the course of the transaction. Continue reading “ProCredit Holding announces capital increase of EUR 31.9 million”

Investment Plan for Europe: First EFSI deal signed in Greece by EIF and ProCredit Group to provide loans for innovative SMEs

The European Investment Fund (EIF) and ProCredit group have signed a guarantee agreement to increase lending to innovative small and medium-sized enterprises (SMEs) and small mid-caps in Greece. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Continue reading “Investment Plan for Europe: First EFSI deal signed in Greece by EIF and ProCredit Group to provide loans for innovative SMEs”