ProCredit group of banks continues dynamic growth in first half of 2017

German version (pdf)

  • Customer loan portfolio grows by 4.8%
  • Customer loan portfolio in core segment of loans over EUR 30,000 grows by 9.9%
  • Consolidated result of EUR 20.8 million from continuing business operations below previous year’s level (H1 2016: EUR 24.6 million; however, this includes positive one-off effects)
  • Focus on widening the use of online banking services
  • Sale of Banco ProCredit Nicaragua successfully concluded in August 2017 (more…)

ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year

German version (pdf)

  • Net growth of overall loan portfolio above 8% expected, adjusted from previous forecast of 5% – 8%
  • For the core segment of loans over EUR 30,000 growth above 10% is expected, replacing the former expectation of around 10%
  • Return on equity forecast between 7% and 9% remains unchanged
  • CET1 capital ratio forecast above 13% (upon completion of the sale of institutions in El Salvador and Nicaragua) remains unchanged (more…)

Annual General Meeting confirms the members of the Supervisory Board standing for re-election and elects Marianne Loner as a new member; dividend proposal of EUR 0.38 per share passes unanimously

German version (pdf)

ProCredit Holding AG & Co. KGaA (ProCredit Holding), based in Frankfurt am Main, Germany, is the parent company of the international ProCredit group, which consists of banks for small and medium enterprises (SMEs) and whose operational focus is on South Eastern and Eastern Europe. Yesterday the company held its first regular Annual General Meeting since becoming listed on the Stock Exchange in December 2016. (more…)

The ProCredit group continues to grow in the first quarter of 2017

German version (pdf)

  • Stronger positioning as the Hausbank for small and medium-sized businesses.
  • Customer loan portfolio grew by 2.5% in the first quarter of 2017, compared to a decrease of 1.3% in the first quarter of 2016 (continued operations only).
  • In the group’s core segment of loans over EUR 30,000, the customer loan portfolio grew by 4.9% (EUR 144 million) in the first quarter of 2017. This represents a clear improvement compared to the 0.6% (EUR 16 million) recorded in Q1 2016 (continued operations only).
  • Consolidated profit of EUR 11.9 million slightly above previous year’s level (Q1 2016: EUR 11.0 million). (more…)

ProCredit Holding granted membership to the Social Stock Exchange

German version (pdf)

ProCredit Holding AG & Co. KGaA (ProCredit Holding) is now a member of the Social Stock Exchange – Europe’s only public market for impact investing. The membership was granted upon ratification of the impact report written by the company and approved for this purpose by the independent Admissions Panel of the Social Stock Exchange. (more…)

The group of ProCredit banks continues to grow in financial year 2016 and achieve good financial results

German version (pdf)

  • Successful strategic positioning as the “Hausbank” for small and medium-sized businesses.
  • The gross loan portfolio in the target category of loans above EUR 30,000 grew by 13% over the previous year.
  • The gross loan portfolio in our core segments in South Eastern and Eastern Europe increased by 3.2% and 4.0% over the previous year.
  • Profit after tax for the continuing business operations stood at EUR 47.0 million, up 22.6% from the previous year (2015: EUR 38.4 million).
  • Consolidated profit after tax of EUR 61.0 million, at approximately the same level as the previous year (2015: EUR 61.3 million). (more…)

EUR 70m for SMEs in Kosovo, Serbia and the former Yugoslav Republic of Macedonia under the Western Balkans Enterprise Development and Innovation Facility

German version (pdf)

The European Investment Fund (EIF) and three ProCredit group subsidiaries have signed guarantee agreements to support Small and Medium Enterprises (SMEs) in Serbia, Kosovo and the former Yugoslav Republic of Macedonia. This was made possible via the Western Balkans Guarantee Facility, funded by the European Union under the Western Balkans Enterprise Development and Innovation Facility. (more…)