Who we are: ProCredit today
An international development-oriented group of banks
ProCredit Bank Georgia is part of the international ProCredit group of banks, which operates mainly in Eastern and South-eastern Europe in countries with transition economies as well as in Germany. ProCredit Holding is the group’s parent company.
During its many years of operation in the banking sector, the group has undergone several different stages of development, each of which has entailed strategic changes. However, at each stage, the group’s target segment has always been the SME business sector, which it has provided with comprehensive banking services on the “Hausbank” principle.
The ProCredit group is serious about its responsibility to offer ethical banking services in all of the countries where it operates; this includes compliance with social, ethical and environmental standards. Membership of the international group of banks allows ProCredit customers to take advantage of the best conditions for the most popular banking services.
This modern highly integrated banking group, which has successfully established itself in Eastern Europe, is now listed on the Frankfurt Stock Exchange’s Prime Standard, underlining its financial strength and worldwide reputation.
ProCredit Bank Georgia
ProCredit Bank Georgia has been operating in the Georgian banking sector since 1999. The basic purpose of the bank’s activities is to finance small and medium-sized businesses that have a long-term development plan. As well as business lending, ProCredit Bank also promotes a savings culture among the general population.
An important parts of the bank’s social responsibility is to care for the environment. To this end, the bank has implemented an environmental management system and uses eco-products and, as a result, ProCredit is the first bank in Georgia to obtain ISO 14001 certification. The international rating agency FITCH RATINGS has assigned ProCredit Bank a “BB” rating, which is the highest possible rating in Georgia and is even one notch higher than the country’s sovereign rating. This indicates that the bank’s assets have historically demonstrated their high quality, that the Bank has excellent corporate governance and strong risk management.
A different vision for banking services
ProCredit Bank, which has brought its German experience and European standards, provides its customers with a different vision of banking.
The bank offers the best conditions to its target segment – small and medium-sized businesses – and that they can access financial services 24 hours a day, 7 days a week. ProCredit’s 24/7 Zone self-service areas are equipped with the latest multi-functional devices and are available at all outlets. Moreover, customers can easily and comfortably conduct all of their desired banking operations using the modern and sophisticated Internet Banking service at any time from any place. Being part of the international group of banks means that business clients of ProCredit Bank Georgia can perform international transfers through Internet Banking at preferential rates.
As well as developing such convenient remote banking channels, ProCredit Bank has an attractive lending programme with preferential terms and conditions for companies operating in Georgia. Moreover, under the Co-finance Programme, a joint venture between ProCredit Bank Georgia and ProCredit Bank Germany, companies can be financed directly from Germany at preferential European interest rates. The programme aims to support businesses that have a sustainable, long-term development plan and which require funding in the range of EUR 750k to EUR 5m.
ProCredit Bank does not try to cater to everyone; instead, it focuses on a defined target group and offers a range of business and mortgage loans at advantageous conditions, tailored to its clients’ needs.
As the only bank in Georgia with a European background and professional, dedicated staff, ProCredit will always be a reliable business partner to its customers and will continue to develop its modern, fast and convenient banking services.