The ProCredit group is a group of banks which operate mainly in South Eastern and Eastern Europe, South America and Germany. The parent company of the group is ProCredit Holding AG & Co. KGaA, a holding company based in Frankfurt am Main, Germany. The group’s core business is the provision of banking services to small and medium-sized enterprises. The business model is based on a form of socially responsible banking that seeks to be transparent, efficient and profitable on a sustainable basis.
ProCredit Holding, which traces its roots back to Internationale Micro Investitionen AG founded in 1998, is managed by Dr Gabriel Schor, Helen Alexander, Borislav Kostadinov and Dr Anja Lepp. It 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 annual financial statements for 2015, it’s total assets amounted to approximately EUR 6 billion. It holds customer deposits of about EUR 3.8 billion and has a gross loan portfolio of around EUR 4.1 billion.
ProCredit group banks
A full list if the banks in the ProCredit group can be found on ProCredit Holding’s website.
- IPC (18.41%)
- ProCredit Staff Invest (5.53%)
- KFW (13.62%)
- DOEN (13.32%)
- IFC (10.30%)
- Other shareholders (together 38.82%)