The Group Impact Report for 2017 provides insights into the social, economic and ecological impact of the ProCredit group’s business operations, led by the Frankfurt-based parent company ProCredit Holding AG & Co. KGaA (ProCredit Holding). The ProCredit group, consisting of banks for small and medium enterprises (SMEs) whose operational focus is on South-Eastern and Eastern Europe, is also active in South America and Germany. Produced in compliance with the non-financial reporting requirements to which the ProCredit group is subject, the Impact Report was prepared according to the new guidelines set forth by the Global Reporting Initiative (GRI) – the “GRI Standards”. In particular, this transparent reporting format sheds light on topics that ProCredit had previously identified by means of a detailed materiality analysis, carried out through stakeholder surveys. The subjects that were assessed to be of material importance are presented under the headings “Business model”, “Approach to clients” and “Approach to staff”.
Borislav Kostadinov, member of the Management of ProCredit Holding, commented: “We are proud to be able to highlight our continued commitment to making a positive, sustainable development impact in our countries of operation. Today, along with our 2017 financial statements, we publish our annual Group Impact Report, which we have put together in line with GRI reporting standards. It sheds light on the significant impact we have achieved through our particular business model, our particular approach to client relations and our particular approach to staff.”You can find the current Impact Report on ProCredit Holding’s website: https://www.procredit-holding.com/en/vacancies-and-service/downloads.html.
Andrea Kaufmann, Group Communications, ProCredit Holding
Tel.: +49 69 951 437 138, e-mail: Andrea.Kaufmann@procredit-group.com
About ProCredit Holding AG & Co. KGaA
ProCredit Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of banks for small and medium enterprises (SMEs) and whose operational focus is on South-Eastern and Eastern Europe. In addition to this regional focus, the ProCredit group is also active in South America and Germany. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The anchor shareholders of ProCredit Holding AG & Co. KGaA include the strategic investors Zeitinger Invest and ProCredit Staff Invest (comprising the investment vehicles for ProCredit staff), the Dutch DOEN Participaties, KfW Development Bank and IFC (part of the World Bank Group). As the group’s superordinated company according to the German Banking Act, ProCredit Holding AG & Co. KGaA is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. More information can be found on the company’s website at www.procredit-holding.com.