The ProCredit group achieves strong results in the third quarter
• 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 (more…)