ProCredit Bank in Bulgaria and its subsidiary in Greece are part of the ProCredit group of banks, which is led by its Frankfurt-based parent company, ProCredit Holding. The ProCredit group operates in accordance with international best banking practices and with German regulatory standards. Since January 2012, ProCredit Holding has been licensed by the German Federal Financial Supervisory Authority (BaFin) as the “superordinated company” of the group, which is responsible for maintaining an adequate level of equity for the group and ensuring that all reporting, risk management and compliance obligations required under German banking regulations are met, particularly in relation to risk management and the prevention of money laundering, fraud and the financing of terrorism.

ProCredit Holding is a public-private partnership. Zeitinger Invest GmbH is the leading shareholder and strategic investor in ProCredit Holding. 




The sole owner of ProCredit Bank is


with main shareholders


Zeitinger Invest GmbH is a limited liability company based in Frankfurt. The company emerged from Internationale Projekt Consult GmbH (IPC) in 2016 and is the leading shareholder and strategic investor in the ProCredit group. Zeitinger Invest, which is the single shareholder of IPC, is owned by members of the Zeitinger family, who believe strongly in the idea of Europe and its humanistic values.


Development Bank, through which the German Federal Government finances investments in developing countries and countries in transition. Its aim is to improve the social and economic infrastructure in these countries and to establish a stable and accessible financial system. KfW is a leader in responsible and sustainable financing and participates in financial institutions worldwide. KfW is the leading development bank in Germany and has the highest possible AAA credit rating, determined by the rating agencies Moody's, Standard & Poor's and Fitch Ratings


DOEN Foundation was founded in 1991 by the Dutch Postcode Lottery, representing a national lottery for charity. DOEN Foundation believes that attaining a green society integrating all social groups is possible. Therefore DOEN actively seeks enterprising people and organisations able to contribute to this mission, and often assists them in implementing their initiatives through grants and investments under the form of financing and consulting.


IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private organizations in more than 100 countries, IFC uses its capital, expertise and influence to eliminate extreme poverty and promote common prosperity. For 2013 investments made by the IFC reached a record 25 billion dollars, which create jobs and stimulate global development.


BIO is an investment company for the financing of development projects under the auspices of the Belgian Government, founded in 2001. BIO works to support financial institutions and investment funds in developing countries.

Having a capital of more than 600 million Euro, BIO finances technical assistance programs and studies for their customers. One of the requirements of BIO to its partners is the application of environmental and social standards. BIO is a member of the organization of the European Development Finance Institutions, EDFI.


FMO is the Dutch development bank. It works to support the sustainable growth of the private sector in emerging markets by investing in ambitious entrepreneurial projects. FMO believes a strong private sector plays a leading role in economic and social development, as it allows people to use their skills to improve their quality of life. The bank focuses on three sectors with high relevance for development – financial institutions, energy and agro business. With an investment portfolio of 6.2 billion Euro, FMO is one of the largest European development banks.


PROPARCO is a subsidiary body of the AFD French state development agency. Its mission is to work as a catalyst for private investment in developing countries, with the ultimate goal to achieve growth and sustainable development. It is focused on production sectors, financial systems and infrastructure.

PROPARCO invests in big emerging markets and in the poorest countries, while maintaining high standards of social responsibility and conservation of natural resources.


TIAA-CREF is a US organization to provide financial services in the area of pensions and insurance, managing assets worth more than 564 billion dollars. TIAA-CREF is a leader in the field of education, research and health care. It serves approximately 4.8 million people in over 15,000 institutions. The company is based in New York and has more than 90 regional offices. The companies from the TIAA-CREF group fall in the TOP three of insurance companies in the US with the highest possible rating from the leading rating agencies.


Read more about the management and shareholders of ProCredit Holding on