ProCredit banks achieve significant growth in the first nine months of 2017

German version (pdf)

  • Growth of 12.9% (9M 2016: 7.7%) of the customer loan portfolio in the core segment of loans over EUR 30,000 in the first nine months of 2017
  • Total customer loan portfolio grows by 5.6% (9M 2016: 0.6%) in the first nine months of 2017
  •  9M 2017: result from continuing business operations of EUR 36.5 million on par with the previous year’s result (9M 2016: EUR 36.6 million)
  • Q3 2017 vs Q2 2017: result from continuing business operations increased by EUR 4.4 million to EUR 15.7 million
  • Efficiency gains thanks to digital offers and restructuring of branch network
  • Sale of Banco ProCredit El Salvador successfully concluded in November 2017 (more…)

The EIB Group signs the first guarantee agreements in Georgia, Moldova and Ukraine under the EU4Business initiative

German version (pdf)

The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – signed today the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under the EU4Business initiative. (more…)

SMEs in Romania benefit as the EIB and ProCredit Bank Romania sign first credit line agreement in local currency worth EUR 20 million

German version (pdf)

The European Investment Bank (EIB) and ProCredit Bank SA, in Bucharest, Romania today signed a credit line agreement amounting to approximately RON 90 million (EUR 20 million), which will be used to support small and medium-sized enterprises in Romania. The EIB was represented by Andrew McDowell, Vice President and ProCredit Bank by Mariyana Dimitrova Petkova, Member of the Management Board. (more…)

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

German version (pdf)

  • 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 (more…)

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

German version (pdf)

  • 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 (more…)

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. (more…)