The ProCredit Group: Responsible Banks for Small Businesses and Ordinary People

The ProCredit group comprises 21 financial institutions providing banking services in transition economies and developing countries. ProCredit banks are responsible banks. This means, in the countries in which we work, we aim to:

• be the house bank of choice for the very small, small and medium-sized enterprises which create jobs and drive economic development, and
• provide secure, fair and transparent savings and banking services to ordinary people who are looking for an affordable bank they can trust.

At the end of September 2012 our 15,777 employees, working in some 745 branches, were serving around 3 million customers in Eastern Europe, Latin America and Africa.

The history of the ProCredit group is a rich one and forms the basis of what we are today.The first ProCredit banks were founded more than a decade ago with the aim of making a development impact by providing loans to help small business to grow and offering deposit facilities that would encourage lower-income individuals and families to save. The group has grown strongly over the years, and today we are one of the leading providers of banking services to small business clients in most of the countries in which we operate.

Financial data as of 31.12.2011

* The figures in this section have been compiled on the basis of the individual banks’ financial statements prepared in accordance with IFRS; they may differ from the figures reported in the respective bank’s local financial statements.

** Not including the finance company ProCredit Moldova.