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
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Friday, November 11, 2022
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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%).