ProCredit Holding

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ProCredit Holding
TypePrivate
IndustryFinance
Founded1998
HeadquartersFrankfurt, Germany
Key people
Sandrine Massiani, Dr Gabriel Schor, Dr Gian Marco Felice
ProductsFinancial services
Websitewww.procredit-holding.com

The ProCredit Holding is the parent company of a development-oriented group of commercial banks for small and medium enterprises (SMEs), which operate in South Eastern and Eastern Europe, Ecuador, and Germany. The business model of the group is based on "socially responsible banking".

The group’s core business consists of offering banking services to small and medium-sized enterprises (SMEs). An emphasis is placed on expanding the group’s green loan portfolio and promoting local production, especially in agriculture. In addition to serving SMEs, the ProCredit group also pursues a direct banking strategy for private clients, particularly the growing middle class.[1]

ProCredit Holding, which began as Internationale Micro Investitionen AG, was founded in 1998 and is currently managed by Sandrine Massiani, Dr Gabriel Schor and Dr Gian Marco Felice. The company has a Fitch Rating of BBB. As the group’s superordinated institution, it is regulated by the German and European supervisory authorities.

According to the group’s annual report for 2019, the total assets of the ProCredit group amounted to approximately EUR 6.7 billion. It holds customer deposits of about EUR 4.3 billion and has a gross loan portfolio of around EUR 4.8 billion.[2]

The promotion of green loans to finance projects in the fields of energy efficiency and renewable energies (Pillar III) is the strategic focus here. In 2019, approximately 30% of the group’s total loan portfolio growth was in green loans.[3]

ProCredit Holding banks[]

A full list of the banks in the ProCredit group can be found in the following table.

Name Ownership Reference
ProCredit Bank Albania 100 % ProCredit Holding [4]
ProCredit Bank Bosnia and Herzegovina 100 % ProCredit Holding [5]
ProCredit Bank Bulgaria 100 % ProCredit Holding [6]
ProCredit Bank Germany 100 % ProCredit Holding [7]
ProCredit Bank Ecuador 100 % ProCredit Holding [8]
ProCredit Bank Georgia 100 % ProCredit Holding [9]
ProCredit Bank Kosovo 100 % ProCredit Holding [10]
ProCredit Bank North Macedonia 100 % ProCredit Holding [11]
ProCredit Bank Moldova 100 % ProCredit Holding [12]
ProCredit Bank Romania 100 % ProCredit Holding [13]
ProCredit Bank Serbia 100 % ProCredit Holding [14]
ProCredit Bank Ukraine 100 % ProCredit Holding [15]

Shareholders[]

The following shareholders held more than 5% of the shares in ProCredit Holding as of 21 December 2016, thus representing the main shareholders:[16]

  • Zeitinger Invest GmbH (17.0%)
  • KfW (13.2%)
  • The Dutch DOEN Participaties (12.5%)
  • IFC (10%)
  • TIAA (8.6%)
  • Other shareholders (together 38.7%)

References[]

  1. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  2. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  3. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  4. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  5. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  6. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  7. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  8. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  9. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  10. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  11. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  12. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  13. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  14. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  15. ^ "ProCredit Holding: Annual Report 2019" (PDF). Retrieved 2020-04-01.
  16. ^ ProCredit Holding Website (Retrieved 01 April 2020)

External links[]

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