Caja Municipal de Arequipa de Ahorro Credito

WWB assists Network Members in Peru Navigate Local Capital Markets to Raise Funds

Published: Aug 25, 2010

Caja Municipal de Ahorro y Crédito Arequipa, a leading municipal savings and loans association, announced that it has raised S/.10 million (approximately USD 3.5 million) in local currency through the completion of a Certificate of Deposit (CD) offering.

CMAC Arequipa Raises S/. 10 million (approximately USD 3.5 million) to Provide Basic Financial Services Assistance to Peruvians Microentrepreneurs

Published: Aug 25, 2010

-- CMAC Arequipa becomes first caja municipal in Perú to tap local capital markets
-- Money raised through oversubscribed Certificate of Deposit Offering
-- Offering part of larger debt program seeking to raise up to S/.250,000,000 or approximately USD 86.6 million

Caja Municipal de Arequipa de Ahorro Credito

Sr. Felix Cruz Suni, Finance and Savings Manager
Phone: (51) 54-220-001
Fax: (51) 54-285127
Email: fcruz@cmac-arequipa.com.pe
Web Site: http://www.cmac-arequipa.com.pe

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