The
Group Impact Report for 2017 provides insights into the social, economic and
ecological impact of the ProCredit group’s business operations. Led by its
Frankfurt-based parent company ProCredit Holding AG & Co. KGaA (ProCredit
Holding), the ProCredit group consists of banks for
small and medium enterprises (SMEs). The operational focus is on South-Eastern
and Eastern Europe, but the group is also active in South America and Germany.
Borislav Kostadinov, member of the Management of
ProCredit Holding, commented: “We are proud to be able to highlight our
continued commitment to making a positive, sustainable development impact in
our countries of operation. Recently, along with our 2017 financial statements,
we published our annual Group Impact Report, which we put together in line with
GRI reporting standards. It sheds light on the significant impact we have
achieved through our particular business model, our particular approach to
client relations and our particular approach to staff.”
You
can find the current Impact Report on ProCredit Holding’s website: http://www.procredit-holding.com/en/vacancies-and-service/downloads.html.
Contact:
Elma Čavčić, e.cavcic@procreditbank.ba
Tel: 033 250-950
Mob: 061 219-127
About ProCredit Bank BiH
ProCredit Bank was the first international bank to arrive in Bosnia and Herzegovina, then already war-torn, its economy recovering with difficulty. It was 1997 when the ProCredit Group saw an opportunity for development and sent over its experts who, following an analysis of the then market, offered a solution in the form of a small business financing. Over the years, the Bank has specialized in the small and medium enterprises as the actual generators of the development of economy that operate regularly, settle their liabilities in time, make additional employments, improve the quality of life in the community, export goods, etc. ProCredit Bank today operates with strong, stable and renowned BiH companies.
ProCredit Bank has been making enormous efforts for years to provide for those companies specifically an access to the funds they need to improve their businesses, offering now to its clients an access to credit lines with rather low interest rates and guarantee lines with substantially reduced security coverage requirements. The Bank has offered over a long term financing through credit/guarantee lines funded by the European Union, World Bank, and USAID. Moreover, to stimulate export, ProCredit Bank offers to domestic businesses best prices for international payments, especially for payments to sister-banks within the ProCredit Group, of EUR 2.5 per transaction.
ProCredit Bank BiH is part of the ProCredit Group headquartered in Frankfurt, Germany. ProCredit Holding, the ProCredit Group’s mother company, holds an absolute ownership of the Bank. Shareholders of ProCredit Holding include strategic investors, Zeitinger Invest and ProCredit Staff Invest, and renowned names such as that of DOEN foundation, KfW and IFC (part of Word Bank Group).
About ProCredit Holding AG & Co. KGaA
ProCredit
Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent
company of the development-oriented ProCredit group, which consists of banks
for small and medium enterprises (SMEs) and whose operational focus is on
South-Eastern and Eastern Europe. In addition to this regional focus, the
ProCredit group is also active in South America and Germany. The company’s
shares are traded on the Prime Standard segment of the Frankfurt Stock
Exchange. The anchor shareholders of ProCredit Holding AG & Co. KGaA include
the strategic investors Zeitinger Invest and ProCredit Staff Invest (comprising
the investment vehicles for ProCredit staff), the Dutch DOEN Participaties, KfW
Development Bank and IFC (part of the World Bank Group). As the group’s
superordinated company according to the German Banking Act, ProCredit Holding
AG & Co. KGaA is supervised on a consolidated level by the German Federal
Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. More information
can be found on the company’s website at www.procredit-holding.com.