ProCredit Holding, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany.
At a consolidated level, the ProCredit group is supervised by the German financial supervisory authorities (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin and Deutsche Bundesbank) and operates in accordance with German and European regulatory standards. Furthermore, the group adheres to international best banking practices.
ProCredit Holding is responsible for the strategic guidance of the group, for maintaining an adequate level of equity and for ensuring that all reporting, risk management, anti-money laundering and compliance obligations required under German and European banking regulations, and particularly the requirements as defined in Section 25a of the German Banking Act (KWG), are met.
For more information about the individual shareholders and the shareholder structure, as well as the composition of the Management Board and Supervisory Board of ProCredit Holding, please see the ProCredit Holding website.
