ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year

Ad-hoc news pursuant to Art. 17 MAR

The Management Board of ProCredit General Partner AG (the personally liable managing partner of ProCredit Holding AG & Co. KGaA) raised ProCredit Holding’s forecast for growth of the customer loan portfolio during the 2017 financial year on the basis of preliminary figures for the first half of the year. The grounds for adjusting the forecast were the operational performance during the first half of the year, which was substantially better than anticipated at the start of the period, and the expectation that performance will continue to be good in the second half of 2017. Continue reading “ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year”

EUR 30 million to benefit SMEs in Serbia as EIB and ProCredit Bank Serbia sign credit line agreement

The European Investment Bank (EIB) and ProCredit Bank AD, Belgrade, Serbia, today signed a credit line agreement worth EUR 30 million, which will be used to support small and medium-sized enterprises in Serbia. The EIB was represented by Matteo Rivellini, Head of Division Slovenia, Croatia and Western Balkans and ProCredit Bank by Igor Anic, Member of the Executive Board. Continue reading “EUR 30 million to benefit SMEs in Serbia as EIB and ProCredit Bank Serbia sign credit line agreement”

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. Continue reading “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”

The ProCredit banking group publishes Annual Environmental Performance Report 2016

Reduction of direct and indirect environmental footprint
Energy and material consumption decreased across the ProCredit group in 2016
Strong green loan portfolio growth of 25% in financial year 2016, reaching almost EUR 330 million (continued operations only) Continue reading “The ProCredit banking group publishes Annual Environmental Performance Report 2016”

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). Continue reading “The ProCredit group continues to grow in the first quarter of 2017”

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. Continue reading “ProCredit Holding granted membership to the Social Stock Exchange”

The group of ProCredit banks continues to grow in financial year 2016 and achieve good financial results

Successful strategic positioning as the “Hausbank” for small and medium-sized businesses.
The gross loan portfolio in the target category of loans above EUR 30,000 grew by 13% over the previous year.
The gross loan portfolio in our core segments in South Eastern and Eastern Europe increased by 3.2% and 4.0% over the previous year.
Profit after tax for the continuing business operations stood at EUR 47.0 million, up 22.6% from the previous year (2015: EUR 38.4 million).
Consolidated profit after tax of EUR 61.0 million, at approximately the same level as the previous year (2015: EUR 61.3 million). Continue reading “The group of ProCredit banks continues to grow in financial year 2016 and achieve good financial results”

EUR 50 million to benefit SMEs in Georgia as EIF and ProCredit Bank Georgia sign first InnovFin transaction

The European Investment Fund (EIF) and ProCredit Bank Georgia signed an InnovFin agreement in Luxembourg today that will benefit innovative Georgian small and medium-sized enterprises (SMEs) and small mid-caps. Continue reading “EUR 50 million to benefit SMEs in Georgia as EIF and ProCredit Bank Georgia sign first InnovFin transaction”

EUR 70m for SMEs in Kosovo, Serbia and the former Yugoslav Republic of Macedonia under the Western Balkans Enterprise Development and Innovation Facility

The European Investment Fund (EIF) and three ProCredit group subsidiaries have signed guarantee agreements to support Small and Medium Enterprises (SMEs) in Serbia, Kosovo and the former Yugoslav Republic of Macedonia. This was made possible via the Western Balkans Guarantee Facility, funded by the European Union under the Western Balkans Enterprise Development and Innovation Facility. Continue reading “EUR 70m for SMEs in Kosovo, Serbia and the former Yugoslav Republic of Macedonia under the Western Balkans Enterprise Development and Innovation Facility”

The ProCredit group’s Germany-based institutions validate their environmental management system under the EMAS standard

ProCredit Holding, ProCredit Bank Germany, ProCredit Academy and Quipu received EMAS certification in December 2016
Part of the group-wide strategy to minimise the institutions’ environmental impact

The four Germany-based members of the ProCredit group – ProCredit Holding, ProCredit Bank Germany, ProCredit Academy, and the group’s software development company, Quipu – received both the EU Eco-Management and Audit Scheme (EMAS) certification and ISO 14001 certification for their environmental management system. The certifications were granted in November (ISO 14001) and December 2016 (EMAS) to ProCredit Holding, covering all German ProCredit companies. The EMAS certification is a highly recognised and demanding voluntary management system for managing the environmental impact of an organisation. Continue reading “The ProCredit group’s Germany-based institutions validate their environmental management system under the EMAS standard”