Wikileaks - MCDLXV
227972 10/2/2009 4:34 09SARAJEVO1149 Embassy Sarajevo UNCLASSIFIED 09SECSTATE96861 VZCZCXYZ0000 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
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