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News

27
Nov

The ProCredit group achieves strong results in the third quarter

Frankfurt am Main, 13 November 2019 – The ProCredit group and its banks, which are primarily active in South Eastern and Eastern Europe, showed very positive business development in the third quarter of 2019. Relative to the same period of the previous year, the consolidated result of the group increased to EUR 44.0 million (9M 2018: EUR 40.9 million). Customer deposits recorded strong growth of EUR 348 million or 9.1% to EUR 4.1 billion. Since the beginning of the year, the gross loan portfolio has grown by 8.3% or EUR 360 million to EUR 4.7 billion. Read more
29
Oct

New ProCredit Bank branch in Vake!

​​​​​​​The Bank is pleased to announce the opening of a new service centre on October 29, on the second floor of the Homemart shopping centre at No. 37 Chavchavadze Avenue, Read more
Archive

ProCredit Institutions Worldwide

Our development-oriented commercial banks specialised in working with small and medium-sized businesses are at the heart of the ProCredit group. All have full banking licenses. The group also comprises a number of important support companies, including the parent company, ProCredit Holding; the ProCredit Academy; and Quip the group IT Company. All companies are majority owned and in most cases solely owned by ProCredit Holding and all companies apply a consistent set of group standards. Financially, all group companies apply IFRS accounting standards and the group publishes consolidated financial statements on a quarterly basis.