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News

2023 year

05
Jul

ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine

At the Ukraine Recovery Conference in London, ProCredit Holding AG & Co. KGaA signed an agreement with the Multilateral Investment Guarantee Agency (MIGA) that significantly enhanced a guarantee covering ProCredit Holding's equity investments in its subsidiary ProCredit Bank Ukraine. This is an additional step towards enhancing support for SMS businesses in Ukraine. Read more
28
Apr

Replacing the USD Libor rates

Whereas the ICE Benchmark Administration (IBA) will no longer publish the 3-month and 6-month USD Libor rates after 30 June 2023, a reliable, publicly available index accepted in international markets - the CME Term SOFR of the respective maturity plus an adjustment factor (Spread Adjustments) will replace the USD Libor rates. Read more

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