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)
| H1 2022 | H1 2023 | |
| Total assets | 8,386 | 8,999 |
| Gross loan portfolio | 6,294 | 6,156 |
| Shareholders’ equity | 876 | 939 |
| Profit of the period | 7.7(1) | 64.1 |
| Profit of the period (excl. Ukraine) | 42.0 | 51.7 |
Key metrics
| H1 2022 | H1 2023 | |
| Net interest margin | 3.0% | 3.5% |
| Cost of risk | 188 bps (1) | 2 bps |
| Cost-income ratio | 60.1% | 59.7% |
| Return on equity | 1.8%(1) | 14.2% |
| Return on equity (excl. Ukraine) | 9.6% |
11.2% |
| CET1 ratio (fully-loaded) | 13.7% | 14.2% |
| Deposit-to-loan portfolio | 91.2% | 104.9% |
| Number of employees | 3,278 | 3,625 |
| Book value per share (EUR) | 14.9 | 15.9 |
(1) negatively impacted by significant loan loss provisions in Ukraine
Ratings
| FitchRatings | Long term rating (outlook) | BBB (stable) |
| MSCI ESG Research | ESG rating | AA |
| 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.
