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27
Nov

The ProCredit group achieves strong results in the third quarter

Frankfurt am Main, 13 November 2019 – The ProCredit group and its banks, which are primarily active in South Eastern and Eastern Europe, showed very positive business development in the third quarter of 2019. Relative to the same period of the previous year, the consolidated result of the group increased to EUR 44.0 million (9M 2018: EUR 40.9 million). Customer deposits recorded strong growth of EUR 348 million or 9.1% to EUR 4.1 billion. Since the beginning of the year, the gross loan portfolio has grown by 8.3% or EUR 360 million to EUR 4.7 billion. Read more

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