ISIN:DE0006223407

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit group reports resilient financial result as strong operational performance for 9M 2022 balances continued provisions for Ukrainian operations

Retrieved on: 
Friday, November 11, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit group reports resilient financial result as strong operational performance for 9M 2022 balances continued provisions for Ukrainian operations
    The issuer is solely responsible for the content of this announcement.
  • Overall, the groups 9M 2022 results show good progress with regard to the guidance metrics for the financial year 2022.
  • At EUR 40.2million, net fee and commission income was 8.6% above the previous years level (9M 2021: EUR 37.1million).
  • Based on the strong efficiency improvements in 9M 2022, the cost-income ratio should improve to a level of 60-63% (2021: 64.2%).

EQS-News: ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG

Retrieved on: 
Friday, November 11, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Hubert Spechtenhauser appointed Chair of the Management Board of ProCredit General Partner AG
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 9 November 2022 The Supervisory Board of ProCredit General Partner AG, the sole managing entity of ProCredit Holding AG & Co. KGaA, has resolved today to appoint a Chair of the Management Board for the first time.
  • Hubert Spechtenhauser joined the ProCredit group as a Senior Manager in November 2021 and has been a member of the Management Board of ProCredit General Partner AG since March 2022.
  • As Chairperson of the Management Board, Hubert Spechtenhauser is responsible for Corporate Office, Group Communications, Legal as well as Group and PCH Internal Audit of ProCredit Holding AG & Co. KGaA.

EQS-News: ProCredit Holding AG & Co. KGaA: ProCredit Holding intends to convert into a stock corporation (Aktiengesellschaft)

Retrieved on: 
Monday, October 17, 2022

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit Holding intends to convert into a stock corporation (Aktiengesellschaft)
    The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 14 October 2022 ProCredit General Partner AG, in consultation with its shareholders, the core shareholders of ProCredit Holding, today agreed to prepare a change of the legal form of ProCredit Holding from a partnership limited by shares (KGaA) to a stock corporation company (Aktiengesellschaft, AG).
  • It marks an important milestone for the ProCredit group as it fosters its further development as a publicly listed company.
  • The Management Board of ProCredit General Partner AG highlights: This strategic proposal reflects the maturity of the ProCredit group as a publicly listed company and confidence in its further development.

DGAP-News: ProCredit Holding AG & Co. KGaA: Creditors of ProCredit Holding AG & Co. KGaA agree to changes in terms and conditions of debt instruments

Retrieved on: 
Tuesday, August 23, 2022

DGAP-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • DGAP-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Creditors of ProCredit Holding AG & Co. KGaA agree to changes in terms and conditions of debt instruments
    The issuer is solely responsible for the content of this announcement.
  • Creditors of ProCredit Holding AG & Co. KGaA agree to changes in terms and conditions of debt instruments
    Frankfurt am Main, August 23, 2022 As announced on July 5, 2022, ProCredit Holding AG & Co. KGaA (the Company) has asked for the consent of its creditors to amend the terms of certain fixed rate debt instruments of the Company (bearer bonds, registered bonds, promissory notes and a non-subordinated loan, together Debt Instruments).
  • The necessary quorum for an amendment of the terms and conditions of the bonds with ISIN DE000A1R0R69 was not reached.
  • Such statements are based on the management of ProCredit Holdings current expectations and specific assumptions, many of which are beyond the control of ProCredit Holding.

DGAP-News: ProCredit Holding AG & Co. KGaA: ProCredit group reports positive half-year result; efficiency gains across the group balance substantial provisions for Ukrainian operations

Retrieved on: 
Thursday, August 11, 2022

DGAP-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • DGAP-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: ProCredit group reports positive half-year result; efficiency gains across the group balance substantial provisions for Ukrainian operations
    The issuer is solely responsible for the content of this announcement.
  • Apart from ProCredit Bank Ukraine, all ProCredit banks recorded a positive result in the first half-year of 2022.
  • This strong performance outweighed the high level of provisions in Ukraine in H1 2022 in the light of continued Russian military aggression.
  • Net interest income increased by EUR 21.6 million or 20.9% to EUR 124.8 million (H1 2021: EUR103.2 million).