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)
| FY 2021 | FY 2022 | |
| Total assets | 8,216 | 8,826 |
| Gross loan portfolio | 5,924 | 6,108 |
| Shareholders’ equity | 856 | 869 |
| Profit of the period | 79.6 | 16.5 |
| Profit of the period (excl. Ukraine) | 55.9 | 68.3 |
Key metrics
| FY 2021 | FY 2022 | |
| Net interest margin | 2.9% | 3.1% |
| Cost of risk | 12 bps | 174 bps(1) |
| Cost-income ratio | 64.2% | 64.0% |
| Return on equity | 9.7% | 1.9%(1) |
| Return on equity (excl. Ukraine) | 6.9% |
7.8% |
| CET1 ratio (fully-loaded) | 14.1% | 13.5% |
| Deposits to loan portfolio | 93.5% | 103.0% |
| Number of employees | 3,178 | 3,437 |
| Book value per share (EUR) | 14.5 | 15.1 |
(1) results negatively impacted by significant loan loss provisions of EUR 86.7 million for the group’s operations 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), committed to disclose according to SBTi Net-Zero Standard
Environmental responsibility
- Green loan portfolio > EUR 1.2 billion, CAGR 13% 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.
