ProCredit Holding AG & Co. KGaA: Annual General Meeting approves dividend proposal of EUR 0.27 per share

German version (pdf)

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, held its ordinary Annual General Meeting yesterday, the second since its listing on the Frankfurt Stock Exchange’s Prime Standard. (more…)

ProCredit publishes comprehensive Group Impact Report for 2017 in accordance with GRI guidelines

German version (pdf)

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”. (more…)

ProCredit group continues to grow in a successful fiscal 2017

German version (pdf)

• The “Hausbank” principle for small and medium-sized enterprises (SMEs) continues to bear fruit
• Overall customer loan portfolio growth rate of 8% in 2017 significantly above previous year’s level (2016: 2.4%)
• Customer loan portfolio in the core segment – loans over EUR 30,000 – grows by 18% in 2017 (2016: 13%)
• Consolidated profit from continuing business operations, at EUR 46.6 million in 2017, nearly as high as previous year’s figure (2016: EUR 47 million)
• At 7.1%, return on average equity (RoAE) in 2017 within the predicted range (2016: 9.6%)
• In 2018, gross loan portfolio expected to grow by 12–15% and RoAE to 7.5–8.5% (more…)

MSCI ESG Research’s most recent report upgrades ProCredit’s rating from “A” to “AA”, raising it to the “industry leaders” category and recognising its robust policies to mitigate environmental and social risks in lending

German version (pdf)

According to MSCI’s ESG report published on 21 December 2017, ProCredit Holding AG & Co. KGaA has been upgraded from “A” to “AA”. ProCredit thereby ranks among the industry leaders in the top 15% of companies rated by MSCI in the banking industry worldwide, surpassing the overall ESG rating of its 10 largest industry peers. (more…)

ProCredit Holding confirms continued strong loan portfolio growth for the group in 2017 and is considering a capital increase to fund further growth prospects

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German version (pdf)

The ProCredit group’s customer loan portfolio has experienced continued strong growth in the second half of the 2017 financial year. As communicated on 14 August 2017 and in light of the continued strong development of its loan portfolio, ProCredit Holding AG & Co. KGaA (ProCredit Holding), the parent company of the ProCredit group, is considering an equity increase of up to 10% within the scope of the existing Authorised Capital. (more…)