ProCredit Bank

EQS-News: ProCredit Management Board presents updated business strategy for a broadened ProCredit footprint on its second Capital Markets Day

Retrieved on: 
Wednesday, April 10, 2024

On the back of a very successful year 2023, the Management Board presented the updated business strategy of the group, which foresees significantly increasing ProCredit’s footprint in its existing markets in South Eastern and Eastern Europe over the next years.

Key Points: 
  • On the back of a very successful year 2023, the Management Board presented the updated business strategy of the group, which foresees significantly increasing ProCredit’s footprint in its existing markets in South Eastern and Eastern Europe over the next years.
  • “We want to firmly position ourselves as the leading bank for MSMEs in our region and build a strong reputation as an attractive bank for private individuals.
  • The Management Board also highlighted a change in direction with regard to its approach to the retail sector.
  • The presentation materials, as well as a recording of the Capital Markets Day 2024 event, are available in the Investor Relations section of the ProCredit Holding website at https://www.procredit-holding.com/investor-relations/capital-markets-day/
    Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.

EQS-News: ProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets

Retrieved on: 
Wednesday, April 10, 2024

With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.

Key Points: 
  • With the inauguration of our own “ProEnergy” solar park to the electricity grid in Kosovo in July 2023, the ProCredit group took an important step towards achieving climate neutrality.
  • A number of other initiatives contributed to the reduction of ProCredit’s ecological footprint in 2023 and thus reinforced the group’s sustainability strategy.
  • Furthermore, the ProCredit group was able to maintain its 100% recycling rate for paper waste and electronic waste in 2023.
  • The Impact Report Package 2023 of the ProCredit group as well as the Annual Report 2023 are available as of today on the ProCredit Holding website in the Investor Relations section at:

EQS-News: Supervisory Board decides to expand the Management Board of ProCredit Holding AG from 1 April this year

Retrieved on: 
Wednesday, March 13, 2024

Frankfurt am Main, 27 February 2024 – The Supervisory Board of ProCredit Holding AG has appointed Mr Christoph Beeck and Mr George Chatzis as members of the Management Board for three years with effect from 1 April 2024.

Key Points: 
  • Frankfurt am Main, 27 February 2024 – The Supervisory Board of ProCredit Holding AG has appointed Mr Christoph Beeck and Mr George Chatzis as members of the Management Board for three years with effect from 1 April 2024.
  • Christoph Beeck (born 1977) has worked for the ProCredit group since 2022, most recently as a member of the Management Board of ProCredit Bank AG in Frankfurt.
  • On the ProCredit Holding Management Board, he will be responsible for Human Resources, Internal Audit, Compliance as well as Administration and Translation.
  • On behalf of the Supervisory Board, I am therefore very pleased to welcome them to the Management Board of ProCredit Holding and wish them every success in their future roles.”
    The other members of the Management Board of ProCredit Holding AG remain unchanged: Hubert Spechtenhauser (Chair), Eriola Bibolli, Christian Dagrosa and Dr Gian Marco Felice.

EQS-News: ProCredit: No significant impact anticipated from the increase in the Ukrainian profit tax for banks; forecast for 2023 and medium-term outlook confirmed

Retrieved on: 
Saturday, December 30, 2023

ProCredit: No significant impact anticipated from the increase in the Ukrainian profit tax for banks; forecast for 2023 and medium-term outlook confirmed

Key Points: 
  • ProCredit: No significant impact anticipated from the increase in the Ukrainian profit tax for banks; forecast for 2023 and medium-term outlook confirmed
    The issuer is solely responsible for the content of this announcement.
  • Also through this law a permanent increase of the tax rate on bank profits to 25% is to be implemented from 2024 onwards.
  • Despite the financial impact of these changes on ProCredit Bank Ukraine, the Management Board confirms the FY 2023 and medium-term outlook for the ProCredit group.
  • ProCredit Bank Ukraine reported a result after tax of EUR 16.4 million for the first nine months of 2023.

EQS-News: ProCredit Holding AG: ProCredit achieves strong 9M result and a 13.6% return on equity; all group banks in South Eastern and Eastern Europe with enhanced operational and financial performance

Retrieved on: 
Tuesday, December 12, 2023

ProCredit Holding AG: ProCredit achieves strong 9M result and a 13.6% return on equity; all group banks in South Eastern and Eastern Europe with enhanced operational and financial performance

Key Points: 
  • ProCredit Holding AG: ProCredit achieves strong 9M result and a 13.6% return on equity; all group banks in South Eastern and Eastern Europe with enhanced operational and financial performance
    The issuer is solely responsible for the content of this announcement.
  • The loan portfolio increased by EUR 119 million or 1.9% in the first nine months of the year (9M 2022: 6.2%).
  • The positive operational and financial development of the group in 9M 2023 was supported by all ten banks in South Eastern and Eastern Europe.
  • In South Eastern Europe, a result of EUR 72.4 million was achieved, corresponding to a return on equity of 14.2%.

EQS-News: ProCredit Holding AG: Conversion into joint stock company successfully completed

Retrieved on: 
Wednesday, September 27, 2023

Frankfurt am Main, 27 September 2023 – The parent company of the development-oriented ProCredit group has successfully completed the transformation of its legal form into that of a stock corporation (AG).

Key Points: 
  • Frankfurt am Main, 27 September 2023 – The parent company of the development-oriented ProCredit group has successfully completed the transformation of its legal form into that of a stock corporation (AG).
  • The conversion was completed with today’s entry of ProCredit Holding AG in the commercial register (27 September 2023).
  • Furthermore, the conversion into a joint stock company enables a simplification and streamlining of the organisational structure.
  • The limited partner shareholders hold, at the time of conversion, the same amount and number of shares in ProCredit Holding AG as they previously held in ProCredit Holding AG & Co. KGaA.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit delivers a strong half-year result and a 14.2% return on equity; ProEnergy solar park marks important milestone for the group in achieving climate neutrality

Retrieved on: 
Monday, August 14, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit delivers a strong half-year result and a 14.2% return on equity; ProEnergy solar park marks important milestone for the group in achieving climate neutrality
    The issuer is solely responsible for the content of this announcement.
  • In the areas of environment and governance, the ProCredit group also achieved important milestones in the period.
  • The opening of ProEnergy, the group’s own solar park in Kosovo, marked a significant step towards achieving CO2 neutrality.
  • With the connection of the group’s own solar park, ProEnergy (3 MWp), to the electricity grid in Kosovo, the ProCredit group has reached an important milestone towards achieving its climate neutrality.

EQS-News: ProCredit Holding AG & Co. KGaA: The ProCredit group achieves another sustainability milestone with the opening of ProEnergy, its own solar park located in Kosovo

Retrieved on: 
Wednesday, July 5, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: The ProCredit group achieves another sustainability milestone with the opening of ProEnergy, its own solar park located in Kosovo (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: The ProCredit group achieves another sustainability milestone with the opening of ProEnergy, its own solar park located in Kosovo
    Frankfurt am Main, 5 July 2023 – The ProCredit group, which is mainly active in South Eastern and Eastern Europe, inaugurated ProEnergy, its own solar PV park, in Lipjan near Pristina in Kosovo today.
  • Through this project, ProCredit aims to contribute to changing Kosovo’s energy landscape, building local know-how, and stimulating further private investment.
  • The ProEnergy photovoltaic (PV) plant is the first solar park in Kosovo that is owned by a banking group.

EQS-News: ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine

Retrieved on: 
Wednesday, June 21, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine
    Frankfurt am Main, 21.
  • June 2023 – ProCredit Holding AG & Co KGaA (ProCredit Holding), the parent company of the development-oriented ProCredit group, today announced that the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) has significantly increased a guarantee for ProCredit Holding which has been in place since 2020.
  • The guarantee covers ProCredit Holding’s equity investments in its subsidiary, ProCredit Bank JSC, Ukraine (ProCredit Ukraine), against the risk of expropriation of the mandatory minimum reserve held at the country’s central bank.

EQS-News: ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation

Retrieved on: 
Monday, June 5, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    Frankfurt am Main, 05 June 2023 - ProCredit Holding AG & Co KGaA (ProCredit Holding), the parent company of the development-oriented ProCredit group, held its Annual General Meeting for 2023 today.
  • The Annual General Meeting approved by a large majority all of the proposals that were put to the vote.
  • The Annual General Meeting of ProCredit Holding resolved with a very large majority to change the legal form of the company to that of a stock corporation.