ProCredit Holding & Co.KGaA Unveils Updated Business Strategy at Second Capital Markets Day

• ProCredit aims to position itself as an attractive and responsible bank for private individuals in addition to being a leading MSME bank in South Eastern and Eastern Europe
• The loan portfolio is expected to grow to over EUR 10bn in the medium term, leading to important scaling effects
• Investments in staff, IT, marketing, and market presence will accelerate client and balance sheet growth
• Strong profit growth is planned with a medium-term RoE outlook raised to ~13%-14%
• ProCredit is committed to achieving net-zero emissions for its loan and investment portfolios by 2050 or earlier
• The group plans to broaden its target client profile in the retail sector and grow the private individual client base by 150% in the coming years, aiming for a more granular deposit structure.

The next important date, Quarterly report as of March 31, 2024, at ProCredit Holding & Co.KGaA is on 13.05.2024.

The price of ProCredit Holding & Co.KGaA at the time of the news was 8,2900EUR and was up +1,84 % compared with the previous day.
14 minutes after the article was published, the price was 8,3200EUR this corresponds to a plus of +0,36 % since publication.

ProCredit Holding & Co.KGaA

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+10,42 %

+28,92 %

+60,07 %

+10,67 %

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-25,57 %

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ISIN:DE0006223407WKN:622340

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