News
Science Based Targets initiative has validated ProCredit Holding AGs near-term emission reduction targets
11.03.2024ProCredit Holding will continue to implement its sustainability strategy and take action to achieve its net-zero commitment by setting its first SBTi-validated near-term science-based targets. The group, which operates mainly in South Eastern and Eastern Europe, will continue to reduce its own footprint and commits to a 42% reduction of its own emissions by 2030 with 2022 as the base year. The reduction will be achieved by increasing the share of renewable energy providers among its suppliers as well as the number of electric cars in its vehicle fleet, while also introducing more energy efficiency measures at its premises and in its processes.->
See more105 MW photovoltaic park in Greece operational with the support of ProCredit Bank
21.03.2024A large 105 MW photovoltaic park in the Kozani region, North-West Greece, has become fully operational with the support of ProCredit Bank. The project, consisting of 186 individual PV parks of 0.5 MW to 1 MW each, is testimony to the ability of the bank’s experienced teams to deliver big and complicated projects regardless of the challenges.->
See moreProCredit Holding AG raises medium-term RoE outlook in light of the updated group business strategy
14.03.2024In light of the update of the group’s business strategy, the Management Board of ProCredit Holding AG decided today to raise the medium-term outlook for the group’s return on equity from around 12% to around 13-14%. ->
See moreProCredit Holding extends contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year
20.03.2024The Supervisory Board of ProCredit Holding AG decided today to extend contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026. ->
See moreProCredit group finishes 2023 with a strong business and financial performance; RoE guidance achieved
21.03.2024The group’s loan portfolio grew by EUR 119 million or 1.9% (2022: EUR +183 million or 3.1%), which includes a further reduction in Ukraine of EUR 85 million. Deposits grew by a strong EUR 965 million or 15.3% (2022: EUR +748 million or 13.5%), to which private individuals contributed approximately 50%. ->
See moreProCredit group reaches key milestones in its comprehensive sustainability strategy in 2023 and defines further targets
22.03.2024Ethical and environmental considerations have been part of the ProCredit group’s DNA since its inception. This foundation has given rise to an integrated, comprehensive sustainability approach that is reflected in strict ecological and ethical requirements for the selection of clients, service providers, suppliers and other business partners. ->
See moreProCredit presents updated business strategy for a broadened ProCredit footprint on its second Capital Markets Day
29.03.2024A new era for ProCredit: positioning as an attractive and responsible bank for private individuals to be enhanced to complement the group’s strong footing as a leading MSME bank in South Eastern and Eastern Europe ->
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