ISIN:DE0006223407

EQS-News: ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation

Retrieved on: 
Monday, June 5, 2023
Financial Oversight and Management Board for Puerto Rico, ProCredit Holding, Bank statement, Annual, Supervisory board, General partnership, ProCredit Bank, Article, Orientation, Large-group communication, General partner, BDO, Annual general meeting, Roe, Articles of association, Authorised capital, Security (finance), Nightclub

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    Frankfurt am Main, 05 June 2023 - ProCredit Holding AG & Co KGaA (ProCredit Holding), the parent company of the development-oriented ProCredit group, held its Annual General Meeting for 2023 today.
  • The Annual General Meeting approved by a large majority all of the proposals that were put to the vote.
  • The Annual General Meeting of ProCredit Holding resolved with a very large majority to change the legal form of the company to that of a stock corporation.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit Holding AG & Co. KGaA raises guidance for the current financial year

Retrieved on: 
Thursday, June 1, 2023
Krishna River Management Board, Knowledge, ProCredit Holding, Rest, Risk, ProCredit Bank, Frankfurt, Bank statement, Publishing, Security (finance), Cryptocurrency, Risk management

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit Holding AG & Co. KGaA raises guidance for the current financial year
    The issuer is solely responsible for the content of this announcement.
  • The guidance for return on equity is now based on an assumed cost of risk of up to 45 basis points.
  • The guidance for return on equity was based on an assumed cost of risk of up to 70 basis points.
  • However, due to the ongoing war in Ukraine, we continue to plan cautiously for the 2023 financial year.

EQS-News: ProCredit Holding AG & Co. KGaA: The Management Board of ProCredit General Partner AG will be expanded by one member, Ms Eriola Bibolli, with effect from 1 June

Retrieved on: 
Thursday, June 1, 2023
West Coast of Vancouver Island Aquatic Management Board, ProCredit Holding, Risk management, Supervisory board, ProCredit Bank, Frankfurt, Large-group communication, HR, Drug, Property management

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: The Management Board of ProCredit General Partner AG will be expanded by one member, Ms Eriola Bibolli, with effect from 1 June
    The issuer is solely responsible for the content of this announcement.
  • The Management Board of ProCredit General Partner AG will be expanded by one member, Ms Eriola Bibolli, with effect from 1 June
    Frankfurt am Main, 31 May 2023 – The Supervisory Board of ProCredit General Partner AG, the general partner of ProCredit Holding AG & Co. KGaA, decided to appoint Ms Eriola Bibolli as a member of the Management Board of ProCredit General Partner AG for three years, with effect from 1 June 2023.
  • In this context, Ms Bibolli will assume responsibility within the Management Board as Chief Risk Officer (CRO) for the group’s overall risk management from 1 July 2023.
  • Eriola Bibolli (born 1974) has been working for the ProCredit group since 2001 and has held various management positions during her career, most recently serving as General Manager of ProCredit Bank Kosovo.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit Holding AG & Co. KGaA discloses the completion of the announced change in the composition of its core shareholder base

Retrieved on: 
Saturday, May 27, 2023
Saskatchewan River Sturgeon Management Board, Reconstruction, ProCredit Bank, KfW, Orientation, EBRD, Large-group communication, Climate change, Acquisition, International finance, Geography, European Central Bank, Publishing, Bank, ProCredit Holding

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit Holding AG & Co. KGaA discloses the completion of the announced change in the composition of its core shareholder base
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA discloses the completion of the announced change in the composition of its core shareholder base
    Frankfurt am Main, 23.
  • May 2023 – The European Bank for Reconstruction and Development’s (EBRD’s) acquisition of the International Finance Corporation’s shares (IFC’s) in ProCredit Holding AG & Co. KGaA and ProCredit General Partner AG, announced on 17 March 2023, has been successfully completed.
  • The EBRD thus replaces IFC as the core shareholder of ProCredit Holding and now holds 8.7% of the group’s share capital.

EQS-News: ProCredit Holding AG & Co. KGaA: Strong Q1 result of ProCredit underlines the group’s positive medium-term outlook

Retrieved on: 
Monday, May 15, 2023
Pillar, Saskatchewan River Sturgeon Management Board, Partnership, Travel, ProCredit Holding, Marketing, RWA, Multilateral Investment Guarantee Agency, EUR, ProCredit Bank, MIGA, World Bank Group, Risk, Growth, Environment, Annual general meeting, Publishing, Security (finance), Bank, Cryptocurrency

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Strong Q1 result of ProCredit underlines the group’s positive medium-term outlook
    The issuer is solely responsible for the content of this announcement.
  • The loan portfolio declined slightly by 0.8%, whereas deposits continued the positive trend from previous years and showed growth of 0.6%.
  • The loan portfolio declined by EUR 47 million or 0.8% (Q1 2022: +EUR 105 million or 1.8%), mainly due to currency effects and a further targeted portfolio reduction in Ukraine.
  • The group's quarterly result of EUR 29.5 million was significantly higher than in the previous year (Q1 2022: EUR -1.4 million) and corresponds to a strong return on equity of 13.3%.