Key facts
ProCredit at a glance
- An impact-oriented group of commercial banks with a focus on SMEs in South Eastern and Eastern Europe
- “Hausbank” for SMEs and ProCredit Direct for Private Clients
- Headquartered in Frankfurt and supervised by BaFin and Bundesbank
- Track record of high-quality loan portfolio based on prudent risk management and focus on long-term business relationships
- Profitable every year since creation as a banking group
Our Mission
We strive to be the leading SME bank in our markets following sustainable and impact-oriented banking practices. Together with our fully digital offering to private clients, we want to generate long-term sustainable returns and create positive impact in the economies and societies we work in.
Our Fact Sheet
Regional footprint
Key group figures
Key financials (in EUR million)
9M 2022 | 9M 2023 | |
Total assets | 8,672 | 9,489 |
Gross loan portfolio | 6,292 | 6,226 |
Shareholders’ equity | 886 | 974 |
Profit of the period | 17.3(1) | 94.0 |
Key metrics
9M 2022 | 9M 2023 | |
Net interest margin | 3.0% | 3.6% |
Cost of risk | 173 bps (1) | 20 bps |
Cost-income ratio | 60.7% | 58.7% |
Return on equity | 2.7%(1) | 13.6% |
CET1 ratio (fully-loaded) | 13.6% | 14.9% |
Deposit-to-loan portfolio | 95.1% | 111.4% |
Number of employees | 3,343 | 3,706 |
Book value per share (EUR) | 15.1 | 16.5 |
(1) negatively impacted by significant loan loss provisions in Ukraine
Ratings
FitchRatings | Long term rating (outlook) | BBB (stable) |
MSCI ESG Research | ESG rating | A |
ISS ESG | Corporate rating | Prime |
Impact orientation
Impact through business
- Supporting SMEs through the cycle
- No focus on consumer lending
- ESG assessment central to client selection and lending
- Promoting transparency
- Commitment to SDGs and signatory to UNEP FI, United Nations Global Compact (UNGC), Net-Zero Banking Alliance (NZBA), Partnership for Carbon Accounting Financials (PCAF), committed to disclose according to SBTi Net-Zero Standard
Environmental responsibility
- Green loan portfolio > EUR 1.2 billion, CAGR 16% since 2018
- Strict lending standards and exclusion list
- Internal measures for greener planet, including
– plastic strategy
– energy efficient buildings
Comprehensive staff development
- High diversity. Gender parity
- Unique approach to staff recruitment and development
- Continuous value-based training in own academy
- Fair, transparent salary linked to training level; no variable components
Sustainable business model
- Long-term client relationships
- Steady organic business growth
- Majority longer-term investment loans (> 3 years)
- NPLs and write-offs significantly below the banking sectors of operation
- Profitable every year since creation as a banking group
Sustainable development goals
Our impact approach is linked to 9 of the UN’s 17 Sustainable Development Goals (SDGs).
Our Impact Report 2022 summarises the group’s achievements in this respect.