Corporate news

Frankfurt am Main, ProCredit Holding: Successful placement of cash capital increase

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• Gross proceeds of the share issue of around EUR 61 million
• 5,354,408 new shares issued
• Placement price of EUR 11.40 (more…)

Frankfurt am Main, 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

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…)

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

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN

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…)

Frankfurt am Main, ProCredit banks achieve significant growth in the first nine months of 2017

  • Growth of 12.9% (9M 2016: 7.7%) of the customer loan portfolio in the core segment of loans over EUR 30,000 in the first nine months of 2017
  • Total customer loan portfolio grows by 5.6% (9M 2016: 0.6%) in the first nine months of 2017
  •  9M 2017: result from continuing business operations of EUR 36.5 million on par with the previous year’s result (9M 2016: EUR 36.6 million)
  • Q3 2017 vs Q2 2017: result from continuing business operations increased by EUR 4.4 million to EUR 15.7 million
  • Efficiency gains thanks to digital offers and restructuring of branch network
  • Sale of Banco ProCredit El Salvador successfully concluded in November 2017 (more…)

Tallinn/Kyiv/Luxembourg, The EIB Group signs the first guarantee agreements in Georgia, Moldova and Ukraine under the EU4Business initiative

The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – signed today the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under the EU4Business initiative. (more…)

Bucharest, SMEs in Romania benefit as the EIB and ProCredit Bank Romania sign first credit line agreement in local currency worth EUR 20 million

The European Investment Bank (EIB) and ProCredit Bank SA, in Bucharest, Romania today signed a credit line agreement amounting to approximately RON 90 million (EUR 20 million), which will be used to support small and medium-sized enterprises in Romania. The EIB was represented by Andrew McDowell, Vice President and ProCredit Bank by Mariyana Dimitrova Petkova, Member of the Management Board. (more…)

Frankfurt am Main, ProCredit group of banks continues dynamic growth in first half of 2017

  • 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…)