Juncker Plan: EUR 820 million for SMEs as EIF and ProCredit double support for innovative companies
Frankfurt am Main, 20 July 2017
The European Investment Fund (EIF) and ProCredit Group are providing an additional EUR 450 million to innovative small and medium-sized companies (SMEs), bringing a total of EUR 820 million to companies in eleven countries.
The EIF-backed financing is now available through ProCredit banks from Germany to Georgia and targets companies using new technologies and producing new products in one of the eleven countries where the facility is available (Germany, Albania, Serbia, FYROM, Bosnia and Herzegovina, Bulgaria, Greece, Romania, Moldova, Ukraine and Georgia). To date, agreements with ProCredit have already supported more than 1,000 innovative SMEs and many more will be financed in the coming years.
ProCredit Holding AG & Co. KGaA raises forecast for 2017 financial year
Frankfurt am Main, 7 July 2017
• 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
The Management Board of ProCredit General Partner AG (the general partner of ProCredit Holding AG & Co. KGaA, which is the parent company of the international ProCredit group) has raised its forecast for 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.
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German version (pdf, 0.5 MB).
EUR 30 million to benefit SMEs in Serbia as EIB and ProCredit Bank Serbia sign credit line agreement
Frankfurt am Main, 7 June 2017.
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 Anić, Member of the Executive Board.
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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
Frankfurt am Main, 18 May 2017
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.
The ProCredit banking group publishes Annual Environmental Performance Report 2016
Frankfurt am Main, 16 May 2017
• 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)
ProCredit Holding AG & Co. KGaA (ProCredit Holding) today published its Annual Environmental Performance Report 2016 for the institutions of the ProCredit group, which consists of development-oriented commercial banks for small and medium enterprises (SMEs) and whose operational focus is on South Eastern and Eastern Europe.
The ProCredit group continues to grow in the first quarter of 2017
Frankfurt am Main, 15 May 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).
ProCredit Holding AG & Co. KGaA (ProCredit Holding), parent company of the ProCredit group of banks, is off to a good start in 2017. The customer loan portfolio of the ProCredit group, which has positioned itself as the Hausbank for small and medium-sized companies (SMEs) and whose operational focus is on South Eastern and Eastern Europe, has grown by 2.5% to EUR 3.7 billion since the beginning of the year as of 31 March 2017 (31 December 2016: EUR 3.6 billion). This figure also includes the South America and Germany segments.
ProCredit Holding granted membership to the Social Stock Exchange
Frankfurt am Main, London, 12 May 2017 – 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.
The group of ProCredit banks continues to grow in financial year 2016 and achieve good financial results
Frankfurt am Main, 29 March 2017
•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).
ProCredit Holding AG & Co. KGaA (ProCredit Holding), the parent company of the international ProCredit group, had a successful 2016 financial year. The result for continuing business operations reflects the success of the company’s strategic positioning as the “Hausbank” for small and medium-sized businesses (SMEs), with a focus on emerging economies in South Eastern and Eastern Europe.
EUR 50 million to benefit SMEs in Georgia as EIF and ProCredit Bank Georgia sign first InnovFin transaction
02 March 2017 – 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.
EUR 70m for SMEs in Kosovo, Serbia and the former Yugoslav Republic of Macedonia under the Western Balkans Enterprise Development and Innovation Facility
09 February 2017 – 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.
The ProCredit group’s Germany-based institutions validate their environmental management system under the EMAS standard
Frankfurt am Main, 06 February 2017 – 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.
ProCredit Holding closes sale of Banco PyME Los Andes ProCredit S.A. in Bolivia
Frankfurt am Main, 16 December 2016 – ProCredit Holding AG & Co. KGaA (ProCredit Holding) today announced the successful completion of the sale of Banco PyME Los Andes ProCredit S.A. in Bolivia to Banco Mercantil Santa Cruz S.A. (BMSC).
ProCredit Holding supported the ADAMI Media Prize award ceremony for outstanding Eastern European film, television, and online programmes
Frankfurt am Main, 29 November 2016 – Journalists and media professionals from Georgia, Moldova and Ukraine were awarded the ADAMI Media Prize for Cultural Diversity in Eastern Europe at a gala ceremony in the Ukrainian capital of Kyiv on November 24. For the second time the ADAMI Media Prize honoured the makers of outstanding films, videos and websites from Eastern Europe and the South Caucasus that promote diversity and peaceful coexistence. Of the twelve films and projects nominated by an international jury, five received prizes.
ProCredit group supports initiation of German-Romanian business cooperations
Frankfurt am Main, 28 November 2016 – ProCredit Holding, the Frankfurt-based parent company of the group of development-oriented commercial ProCredit banks, supported the event “Fit for Growth – German-Romanian Supplier Dialogue” organised by the German Association for Supply Chain Management, Procurement and Logistics (BME) and held in Bucharest on 24 November 2016.
ProCredit Holding announces capital increase of EUR 31.9 million
- Group of existing shareholders subscribes for new shares
- New capital strengthens ProCredit Group’s ability to capture attractive future growth prospects
Frankfurt am Main, 3 November 2016 – ProCredit Holding AG & Co. KGaA today announced a capital increase of EUR 31.9 million. The existing shareholders KfW, IFC, the DOEN Foundation, responsAbility (via responsAbility Participations and responsAbility Microfinance Leaders Fund), and Ohana Holdings will participate in the capital increase at a price of EUR 11.73 per share. In total 2.7 million new shares are going to be issued in the course of the transaction.
First InnovFin SME deal in Ukraine as EIF and ProCredit Bank JSC sign agreement for innovative businesses
Kyiv, 13 September 2016 - The European Investment Fund (EIF) and ProCredit Bank JSC (Ukraine), have signed the first InnovFin agreement for SMEs as well as small mid-caps in Ukraine under InnovFin – EU finance for innovators, an initiative supported by the European Commission.
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ProCredit Holding and ADAMI Media Prize sign cooperation agreement to promote cultural diversity in Eastern Europe
Frankfurt am Main, 30 August 2016 – The ADAMI Media Prize for Cultural Diversity in Eastern Europe is proud to announce a new cooperation agreement with ProCredit Holding AG & Co KGaA, based in Frankfurt/Main, Germany for the year 2016.
Investment Plan for Europe: First EFSI deal signed in Greece by EIF and ProCredit Group to provide loans for innovative SMEs
Thessaloniki, 9 May 2016 – The European Investment Fund (EIF) and ProCredit group have signed a guarantee agreement to increase lending to innovative small and medium-sized enterprises (SMEs) and small mid-caps in Greece. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe.
EIF and ProCredit group sign deal to finance innovative companies in seven countries
Frankfurt am Main, 28 January 2016 – The European Investment Fund (EIF) and ProCredit group have signed an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small mid-caps under InnovFin – EU finance for innovators, an initiative supported by the European Commission.
20. June 2017, frankfurt.de
Wirtschaftsdezernent Markus Frank besucht ProCredit Holding
Stadtrat Markus Frank besucht die ProCredit Holding AG & Co KGaA an ihrem Hauptsitz am Rohmerplatz im Frankfurter Stadtteil Bockenheim.
12. April 2017, Frankfurter Neue Presse, Thomas Baumgartner
Osteuropa-Bank aus Frankfurt: ProCredit Holding finanziert kleine und mittlere Unternehmen
Die ProCredit Banken machen Geschäfte vor allem in Südost- und Osteuropa, daher sind sie in Deutschland wenig bekannt – obwohl die Holding ihren Sitz in Frankfurt hat.
30. March 2017, Frankfurter Allgemeine Zeitung
Pro-Credit-Bank wächst im Osten
Frankfurter Institut schüttet ein Drittel des Gewinns aus
8. December 2016, Börsen-Zeitung
Frankfurts Osteuropa-Bank erwägt Börsengang
Procredit liebäugelt mit breiterer Investorenbasis – Entscheidung steht aus – Institut konzentriert sich auf Geschäft mit Unternehmen
8. December 2016, Frankfurter Allgemeine Zeitung
Die Pro-Credit-Bank will an die Frankfurter Börse
Das auf Osteuropa spezialisierte Institut strebt eine Notierung an. Ein öffentliches Angebot ist derzeit noch nicht geplant. Ziel ist ein flexibler Zugang zu Investoren.
24. November 2016, business-echo.de
"Wir jagen nicht um jeden Preis Geschäftsvolumen." –
Interview mit Borislav Kostadinov, Vorstandsmitglied der ProCredit Holding, zum Hausbank-Konzept der ProCredit-Bankengruppe
Herr Kostadinov, das Zinsniveau, verschärfte Regulierung und fortschreitende Digitalisierung setzen den Bankensektor derzeit enorm unter Druck. Zudem konzentriert sich Ihr Geschäft auf einen ungewöhnlichen geografischen Schwerpunkt. Blicken Sie sorgenvoll in die Zukunft?