Key facts
ProCredit at a glance
- An impact-oriented group of commercial banks with a focus on MSMEs and Private Clients in South Eastern and Eastern Europe
- “Hausbank” for MSMEs and ProCredit Direct for Private Clients
- Headquartered in Frankfurt and supervised by BaFin and Bundesbank
- Track record of high-quality loan portfolio based on prudent risk management and focus on long-term business relationships
- Profitable every year since creation as a banking group
Our Mission
We strive to be the leading SME bank in our markets following sustainable and impact-oriented banking practices. Together with our fully digital offering to private clients, we want to generate long-term sustainable returns and create positive impact in the economies and societies we work in.
Regional footprint
Group Key Indicators
Statement of Profit or Loss
| (in EUR m) | H1-23 | H1-24 |
| Net interest income | 155.7 | 180.6 |
| Net fee and commission income | 28.9 | 29.3 |
| Other operating income (net) | 7.2 | 9.8 |
| Operating income | 191.8 | 219.7 |
| Personnel expenses | 56.4 | 69.3 |
| Administrative expenses | 58.1 | 71.5 |
| Loss allowance | 0.5 | 5.7 |
| Tax expenses | 12.7 | 15.6 |
| Profit after tax | 64.1 | 57.6 |
Key Performance indicators
| H1-23 | H1-24 | |
| Change in customer loan portfolio | 0.8% | 6.9% |
| Cost-income ratio | 59.7% | 64.1% |
| Return on equity | 14.2% | 11.6% |
| CET1 ratio (fully loaded) | 14.2% | 14.3% |
Additional indicators
| H1-23 | H1-24 | |
| Net interest margin | 3.5% | 3.6% |
| Net write-off ratio | 0.1% | 0.2% |
| Credit impaired loans (Stage 3) | 3.2% | 2.5% |
| Cost of Risk | 2 bps | 18 bps |
| Stage 3 loans coverage ratio | 62.4% | 55.6% |
| Book value per share (EUR) | 15.9 | 17.1 |
| Deposit-to-loan-ratio | 104.9% | 113.4% |
Ratings
| FitchRatings | Long term rating (outlook) | BBB (stable) |
| MSCI ESG Research | ESG rating | A |
| ISS ESG | Corporate rating | Prime |