PROCREDIT HOLDING


Associated tags: Reconstruction, ProCredit Holding, European Central Bank, KfW, Deutsche Bundesbank, Federal Financial Supervisory Authority, SME, Frankfurt Stock Exchange, ProCredit Bank

Locations: GERMANY, SOUTH AMERICA

EQS-News: ProCredit Holding AG has successfully placed EUR 125m Green Tier 2 Bonds

Retrieved on: 
Friday, May 3, 2024

Frankfurt/Main, 25 April 2024 – ProCredit Holding has successfully placed green Tier 2 subordinated bonds with international and domestic institutional investors.

Key Points: 
  • Frankfurt/Main, 25 April 2024 – ProCredit Holding has successfully placed green Tier 2 subordinated bonds with international and domestic institutional investors.
  • The transaction took place just four weeks after the Management Board of ProCredit Holding published and presented to the capital markets the updated business strategy for the ProCredit group, which envisages ambitious growth in the coming years.
  • The strong demand for the bond enabled ProCredit Holding to increase the originally expected placement volume from EUR 100m to EUR 125m.
  • The bonds are rated BB- by Fitch Ratings and listed on the Euro MTF market of the Luxembourg Stock Exchange.

EQS-News: ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved

Retrieved on: 
Wednesday, April 10, 2024

ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved

Key Points: 
  • ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved
    The issuer is solely responsible for the content of this announcement.
  • ProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved
    Loans grow by 1.9%; ProCredit Direct for private clients drives strong 15.3% deposit growth; CET1 ratio comfortable at 14.3%
    Frankfurt am Main, 20 March 2024 - The ProCredit group, which is mainly active in South Eastern and Eastern Europe, recorded a strong financial result of EUR 113.4 million in 2023 that corresponds to a return on equity of 12.2%.
  • Deposits showed good growth of EUR 965 million or 15.3% with a strong contribution from the retail segment.
  • Deposits grew by a strong EUR 965 million or 15.3% (2022: EUR +748 million or 13.5%), to which private individuals contributed approximately 50%.

EQS-News: Supervisory Board of ProCredit Holding AG extends contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year

Retrieved on: 
Wednesday, April 10, 2024

Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.

Key Points: 
  • Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.
  • The Supervisory Board is committed to continuity in the management of the ProCredit group and, with this staffing decision, has reaffirmed its recognition of successful strategic management and the achievement of excellent business results.
  • "As Chair of the Management Board, Hubert Spechtenhauser has driven the development of the ProCredit group in a convincing manner.
  • We wish him and the entire Management Board continued success," said Rainer Ottenstein, Chair of the Supervisory Board of ProCredit Holding AG.

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: