• Strong 8.5% increase in customer loan portfolio since the beginning of the year; customer deposits grow by 8.9%
• Consolidated result of EUR 33.4 million corresponds to an annualised return on equity of 5.6% with stable operating expenses and a significant improvement in earnings before tax and cost of risk
• Annualised cost of risk of 56 basis points, with non-performing loans stable at 2.3% and a 98.5% ratio of allowances to credit-impaired loans
• Solid capital base with Common Equity Tier 1 ratio (CET1 fully loaded) of 14.1%
• Decision on proposal for the appropriation of profit for the 2019 financial year Continue reading “ProCredit group’s profitable growth continues in third quarter”

• Higher-than-expected 5.3% increase in customer loan portfolio in H1 – Management Board raises growth forecast for the full year to between 8% and 10%
• Annualised cost of risk of 67 basis points in line with expectations, with good portfolio quality
• Consolidated result of EUR 21.7 million corresponds to an annualised return on equity of 5.5% with stable expenses and a significant improvement in earnings before risk costs Continue reading “Solid H1 result and strong growth figures – ProCredit group raises growth forecast for 2020”

• IFC is making USD 100 million available to SMEs through the ProCredit group
• The target countries are Albania, Bosnia and Herzegovina, Ecuador, Kosovo, Moldova, North Macedonia, Romania, Serbia and Ukraine
• The financial resources are aimed at providing SMEs with short-term access to additional working capital Continue reading “International Finance Corporation and ProCredit deepen their cooperation to support SMEs in nine emerging economies during the corona crisis”

• In the Management Board of ProCredit General Partner AG, Dr Gian Marco Felice is responsible for the areas IT, business support, environmental management and impact reporting
• The Management Board thus consists of Sandrine Massiani, Dr Gabriel Schor and Dr Gian Marco Felice
• At the 2020 Annual General Meeting, Dr H.P.M. (Ben) Knapen was elected to the Supervisory Board as successor to Jasper Snoek Continue reading “Management Board of ProCredit General Partner AG expanded to include Dr Gian Marco Felice // Dr H.P.M. (Ben) Knapen elected to the Supervisory Board as successor to Jasper Snoek”

• Customer loan portfolio growth of 0.9%
• Compared to the previous year, the consolidated result increased by EUR 3.0 million to EUR 13.7 million, the return on average equity stood at 7.0%
• Cost of risk of 57 basis points is in line with expectations and reflects the deteriorated macroeconomic environment
• Cost-income ratio improved significantly to 64.6% Continue reading “ProCredit group closes Q1 2020 with portfolio growth and an improved financial result”

• Comprehensive Management Statement on the status of the group with regard to the COVID-19 pandemic published
• Vote on the proposal for the appropriation of profits planned for the fourth quarter of 2020 Continue reading “ProCredit Holding will hold its Annual General Meeting on 26 May 2020 as an online event without physical presence and will postpone the resolution on the appropriation of profit for the year”

• Customer loan portfolio grows by 10.3%, customer deposits by 14.2%
• Consolidated result of EUR 54.3 million at the upper end of the forecast corridor
• Consolidated result also reflects expenses from the successfully completed restructuring measures that were planned at the beginning of the year
• Progress in achieving group-wide SDG targets published separately today in Impact Report 2019 Continue reading “ProCredit group achieves good growth and solid financial results in 2019”

• Consolidated result of EUR 44.0 million since the beginning of the year (9M 2018: EUR 40.9 million) well in line with expectations
• Significantly improved result in the third quarter to EUR 21.1 million (Q2 2019: EUR 12.2 million; Q1: EUR 10.7 million), among other factors attributable to strong increase in net interest income
• Strong growth in customer deposits of EUR 348 million or 9.1% since the beginning of the year (9M 2018: 2.8%)
• Continued solid growth in the gross loan portfolio of 8.3% or EUR 360 million since the beginning of the year
• Full-year forecast confirmed Continue reading “The ProCredit group achieves strong results in the third quarter”