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ProCredit Bank in association with the European Investment Bank (EIB) to provide finance for small businesses in Moldova
Monday, 21 May 2012
Having a common aimto facilitate access to simple, long-term finance by small businesses, ProCredit Bank and the European Investment Bank have signed an agreement to provide affordable financial services to the Moldovan business community. In the framework of this agreement, ProCredit Bank’s business clients will be able to access European funds for permanent working capital, as well as for the purchase of equipment or buildings.
Small enterprises with a stable and successful development history can take advantage of a loan from ProCredit Bank and the European Investment Bank to finance investments or for working capital with preferential interest rates and convenient repayment terms of up to 15 years.
“Together with the European Investment Bank, we are pleased to announce the launch of this agreement, the purpose of which is to offer greater support and better access to flexible and advantageous financing for local entrepreneurs. Supplying our customers with simple and accessible financing in a responsible manner remains an important part of our mission, and one which we gladly continue to foster”, stated Vladislav Garbu, Chairman of the Management Board.
ProCredit Bank. Together. Day by day.
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ProCredit Bank is an international bank and is 100% foreign owned, 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 member of the international ProCredit group of banks, operating in 21 countries on 2 continents: Eastern Europe, Latin America.
ProCredit Bank is a sound and reliable financial institution, dedicated to the long-term development of very small, small and medium-sized enterprises. We aim to play a role in the development of these enterprises, by taking the time to truly understand their needs, and by providing banking products that are tailored to the particularities of each business.
ProCredit Bank is a secure bank, offering a wide range of simple and accessible banking services. The bank pays special attention to fostering and developing a savings culture, as savings represent the guarantee of a stable future.
ProCredit Bank aims to set new standards in customer service – fair, transparent and open, thus contributing to people’s growing trust in banks.
For more information, please contact our PR Specialist, Eliza Frunza. Telephone: 022-836-431 e-mail: e.frunza@procreditbank.md.
© ProCredit Bank, May 21, 2012. All rights reserved.