ProCredit group and ADAMI Media Prize continue their cooperation to promote cultural diversity in Eastern Europe

The prolongation of cooperation between the ADAMI Media Prize and ProCredit Holding, which began in 2016, ensures the continued support of the activities of the ADAMI Media Prize in promoting cultural diversity and establishing networking opportunities for filmmakers, audio-visual journalists, and broadcasters. Continue reading “ProCredit group and ADAMI Media Prize continue their cooperation to promote cultural diversity in Eastern Europe”

ProCredit group of banks continues dynamic growth in first half of 2017

  • Customer loan portfolio grows by 4.8%
  • Customer loan portfolio in core segment of loans over EUR 30,000 grows by 9.9%
  • Consolidated result of EUR 20.8 million from continuing business operations below previous year’s level (H1 2016: EUR 24.6 million; however, this includes positive one-off effects)
  • Focus on widening the use of online banking services
  • Sale of Banco ProCredit Nicaragua successfully concluded in August 2017 Continue reading “ProCredit group of banks continues dynamic growth in first half of 2017”

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

  • Net growth of overall loan portfolio above 8% expected, adjusted from previous forecast of 5% – 8%
  • For the core segment of loans over EUR 30,000 growth above 10% is expected, replacing the former expectation of around 10%
  • Return on equity forecast between 7% and 9% remains unchanged
  • CET1 capital ratio forecast above 13% (upon completion of the sale of institutions in El Salvador and Nicaragua) remains unchanged Continue reading “ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year”

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 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”