Identifier
Created
Classification
Origin
09SARAJEVO1149
2009-10-02 04:34:00
UNCLASSIFIED
Embassy Sarajevo
Cable title:
BOSNIA: OPIC ACTION REQUEST - PROCREDIT HOLDINGS
how-toVZCZCXYZ0000 RR RUEHWEB DE RUEHVJ #1149 2750434 ZNR UUUUU ZZH R 020434Z OCT 09 FM AMEMBASSY SARAJEVO TO RUEHC/SECSTATE WASHDC 0842 INFO RUEHBM/AMEMBASSY BUCHAREST 0053 RUEHMU/AMEMBASSY MANAGUA 0011 RUEHME/AMEMBASSY MEXICO 0005 RUEHQT/AMEMBASSY QUITO 0002 RUEATRS/DEPT OF TREASURY WASHDC
UNCLAS SARAJEVO 001149
SIPDIS
STATE PASS TO OPIC RICHARD GREENBERG
E.O. 12958: N/A
TAGS: EINV MX EC NU RO BK
SUBJECT: BOSNIA: OPIC ACTION REQUEST - PROCREDIT HOLDINGS
REF: SECSTATE 96861
UNCLAS SARAJEVO 001149
SIPDIS
STATE PASS TO OPIC RICHARD GREENBERG
E.O. 12958: N/A
TAGS: EINV MX EC NU RO BK
SUBJECT: BOSNIA: OPIC ACTION REQUEST - PROCREDIT HOLDINGS
REF: SECSTATE 96861
1. Per Reftel action request, post did not uncover
information on Procredit Holdings, and its subsidiary in
Bosnia, Procredit Bank BiH, that would prevent OPIC from
extending its subordinated loan to ProCredit Holdings. The
local branch, managed by a staff of European expatriates, has
a previous relationship with USAID-Sarajevo, when it was the
recipient of a SME line of credit. Overall, our experience
with them has been positive.
ENGLISH
SIPDIS
STATE PASS TO OPIC RICHARD GREENBERG
E.O. 12958: N/A
TAGS: EINV MX EC NU RO BK
SUBJECT: BOSNIA: OPIC ACTION REQUEST - PROCREDIT HOLDINGS
REF: SECSTATE 96861
1. Per Reftel action request, post did not uncover
information on Procredit Holdings, and its subsidiary in
Bosnia, Procredit Bank BiH, that would prevent OPIC from
extending its subordinated loan to ProCredit Holdings. The
local branch, managed by a staff of European expatriates, has
a previous relationship with USAID-Sarajevo, when it was the
recipient of a SME line of credit. Overall, our experience
with them has been positive.
ENGLISH