The ProCredit Group: responsible banks for small and medium businesses
The ProCredit group is made up of development-oriented banks operating in Eastern Europe, Latin America and Africa, as well as a bank in Germany. The parent company of the group is ProCredit Holding, a Frankfurt based company which guides the group. At a consolidated level the group is supervised by the German federal banking supervision authorities (BaFin and Bundesbank). The ProCredit group aims to combine high development impact with commercial success for its shareholders.
ProCredit banks aim to help create transparent, inclusive financial sectors in developing countries and transition economies. A functioning and fair financial system, which enables people to save on the one hand and businesses to invest and expand on the other, is important for economic and social development. ProCredit banks aim to be the “house bank” for small and medium-sized businesses, as well as to provide simple savings services for ordinary people.