News
2023 year
06
Jul
ProCredit Holding AG & Co. KGaA: The ProCredit group achieves another sustainability milestone with the opening of ProEnergy, its own solar park located in Kosovo
The ProEnergy project in Kosovo reflects the impact orientation of the ProCredit group, which aims to contribute to the stabilisation and environmental transformation of the countries in which it operates.
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05
Jul
ProCredit Holding AG & Co. KGaA: Agreement with the Multilateral Investment Guarantee Agency (MIGA) expanded to further support the business activities of ProCredit Bank Ukraine
At the Ukraine Recovery Conference in London, ProCredit Holding AG & Co. KGaA signed an agreement with the Multilateral Investment Guarantee Agency (MIGA) that significantly enhanced a guarantee covering ProCredit Holding's equity investments in its subsidiary ProCredit Bank Ukraine. This is an additional step towards enhancing support for SMS businesses in Ukraine.
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07
Jun
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. After holding purely virtual general meetings over the past three years, this was the first time that the event was held with physical attendance again.
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31
May
Strong Q1 result of ProCredit underlines the group’s positive medium-term outlook
The ProCredit group recorded a significantly improved financial result of EUR 29.5 million for the first quarter.
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28
Apr
Replacing the USD Libor rates
Whereas the ICE Benchmark Administration (IBA) will no longer publish the 3-month and 6-month USD Libor rates after 30 June 2023, a reliable, publicly available index accepted in international markets - the CME Term SOFR of the respective maturity plus an adjustment factor (Spread Adjustments) will replace the USD Libor rates.
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