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. In doing so, 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 € m)
| FY 2021 | Q1 2022 | |
| Total assets | 8,216 | 8,164 |
| Loan portfolio | 5,924 | 6,029 |
| Shareholders equity | 856 | 848 |
| Net income | 79.6 | -1.7(1) |
(1) Q1 2022 negatively impacted by significant loan loss provisions of € 35.6m (238bps) mainly for the group’s operations in Ukraine
Key metrics
| FY 2021 | Q1 2022 | |
| Net interest margin | 2.9% | 2.9% |
| Cost of risk | 12 bps | 238 bps(1) |
| Cost-income ratio | 64.2% | 59.1% |
| Return on equity | 9.7% | -0.8%(1) |
| CET1 ratio (fully-loaded) | 14.1% | 13.4% |
| Customer deposits/loans | 93.5% | 91.5% |
| Number of employees | 3,178 | 3,205 |
| Book value per share (€) | 14.5 | 14.4 |
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 & PCAF
Environmental responsibility
- Green loan portfolio > €1.1bn, avg. growth 18% p.a. since 2017
- 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 2021 summarises the group’s achievements in this respect.
