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ProCredit Bank was founded in 2002 as Banca de Microfinantare MIRO and was renamed in December 2004. [1]In 2013, the bank signed loan guarantee agreements with the European Investment Fund in order to give small and medium businesses in Romania better access to loans.
The ProCredit Holding is the parent company of a development-oriented group of commercial banks for small and medium enterprises (), which operate in Southeastern Europe, Eastern Europe, Ecuador, and Germany.
The ProCredit Bank Deutschland is a bank based in Frankfurt am Main. It is the youngest bank of the ProCredit Holding, which operates primarily in Southeastern and Eastern Europe as well as in South America [1] and wants to make a contribution to sustainable economic development through responsible banking business.
As of 2024, the National Committee of Macroprudential Oversight of Romania has identified 9 locally-incorporated banks as systematically important and thus have to meet more stringent requirements: [10]
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Ion Țiriac Bank was founded in 1991, and then in June 2005 it merged with HVB Bank Romania. [10] In the merger moment in 2005, Ion Țiriac Bank has a network of 60 units, total assets of 706 million (31 March 2005) and a market share of 2.9%, which ranks 11th in the banking system in Romania. [11]
Equity Banque Commerciale du Congo (EquityBCDC) is a commercial bank in the Democratic Republic of the Congo.It is a merger between Equity Bank Congo (EBC), formerly ProCredit Bank DRCongo, and Banque Commerciale du Congo.
In 1981, in order to pay its due debts, Romania requested the International Monetary Fund a line of credit [1] and adopted a policy to pay back all its debt. [3] The decision to repay the debt has been considered irrational, as other developing countries that were hit by the same problem were able to obtain debt rescheduling or "haircuts".