Annual General Meeting of ProCredit Holding approves dividend of EUR 0.30 per share

ProCredit Holding AG & Co. KGaA (ProCredit Holding), based in Frankfurt am Main, Germany, which is the parent company of the development-oriented ProCredit group consisting of commercial banks for small and medium enterprises (SMEs) and whose operational focus is on South Eastern and Eastern Europe, today held its third ordinary Annual General Meeting since its shares were listed on the Frankfurt Stock Exchange. (more…)

ProCredit group reports solid first quarter of 2019

• Gross loan portfolio growth of 1.7%
• Negotiations for the sale of ProCredit Bank Colombia successfully concluded
• Consolidated result of EUR 10.7 million in line with the group’s expectations
• Full-year forecast confirmed (more…)

ProCredit Holding has agreed to place Green Bonds totalling USD 90 million with the International Finance Corporation

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• Planned issue volume to be placed with the International Finance Corporation in two tranches of three-year bonds
• Proceeds of the issue will be specifically earmarked for financing investments by SMEs in energy efficiency, renewable energy and environmentally friendly measures
• ProCredit Holding anticipates that this Green Bond issue will be followed by further placements of a similar type and scale to private investors (more…)

ProCredit strengthens its market position with double-digit growth and achieves higher net profit in 2018

• Customer loan portfolio grows by 12.3% to EUR 4.4 billion in 2018, in line with expectations and significantly stronger than in the previous year (2017: 8.0%)
• Consolidated result for 2018 increases by 13.3% to EUR 54.5 million (2017: EUR 48.1 million)
• Implementation of direct banking concept contributes to a 13.9% increase in net fee and commission income to EUR 52.2 million (2017: EUR 45.8 million)
• Return on equity for 2018 increases within the forecasted range to 7.6%
(2017: 7.1%)
• Dividend of EUR 0.30 per share will be recommended at the next Annual General Meeting (more…)