Tag Archives: Triodos

Trouble Brewing in Peru? MiBanco in Dire Straits

I was surprised more fuss wasn’t made of Fitch’s October 2013 downgrade of Grupo ACP – the main shareholder of Peru’s flagship microfinance institution (MFI): MiBanco. “The downgrade [] is driven by ACP’s losses (mainly due to foreign exchange volatility … Continue reading

Posted in recent developments | Tagged , , , , , , , , , | Comments Off on Trouble Brewing in Peru? MiBanco in Dire Straits