Corporate news

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…)

Frankfurt am Main, ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year

  • 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…)

Frankfurt am Main, 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

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…)

Frankfurt am Main, The ProCredit group continues to grow in the first quarter of 2017

  • 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…)

Frankfurt am Main, London, ProCredit Holding granted membership to the Social Stock Exchange

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…)