ProCredit Bank Germany
| ProCredit Bank Germany | |
|---|---|
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| Country |
 Germany
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| Seat | Frankfurt am Main |
| legal form | Corporation |
| Bank code | 502 108 00 |
| BIC | PRCB DEFF XXX |
| founding | 2012 |
| Website | www.procreditbank.de |
| Business data 2019 | |
| Total assets | 718.4 million euros |
| insoles | 295.4 million euros |
| Employee | 60 |
| management | |
| Board | Christian Kistner
Emilia Tzareva |
| Supervisory board | Dr. Gabriel Schor (Chairman) |
The ProCredit Bank is a financial institution based in Frankfurt and a 100% subsidiary of ProCredit Holding AG & Co. KGaA. It supports the ProCredit group worldwide in various business areas and offers banking services for small and medium-sized enterprises (SMEs) as well as for private individuals. ProCredit Bank Deutschland is the youngest bank in the ProCredit group, which operates primarily in Southeastern and Eastern Europe and in Ecuador .
ProCredit Bank aims to contribute to sustainable economic development in the developing and emerging countries in which the ProCredit group operates through responsible banking and services for the group’s banks.
Customer business in Germany commenced in March 2013.
Business model
ProCredit Bank in Germany provides financial services for ProCredit banks worldwide and at the same time offers private and corporate customers in Germany a platform for involvement in Southeastern and Eastern Europe and Ecuador with a focus on SMEs.
ProCredit Bank has an exclusion list for activities that are not funded. When granting loans, it also takes into account environmental risks that are defined in the Group's environmental management system (EMS). The EMS is an integral part of the corporate strategy of all ProCredit banks and is based on social and ecological aspects and follows a three-pillar approach. This consists of internal environmental management (Pillar I), the assessment of environmental and social risks in lending (Pillar II) and "Green Finance" (Pillar III), which includes the promotion of green credits in Southern and Eastern Europe and the strategic focus to finance projects in the fields of energy efficiency and renewable energies.
Within the ProCredit group, ProCredit Bank in Germany is also a service bank for the other ProCredit banks. It supports the liquidity management and the financing of the banks of the ProCredit group.
ProCredit Bank is subject to German statutory deposit insurance. In addition, it is affiliated with the deposit protection fund of the Federal Association of German Banks . This increases the security limit to EUR 12,945,000 per customer.
owner
100 percent of the bank's shares are held by Frankfurt-based ProCredit Holding (PCH), which is a listed company and is also the parent company of the ProCredit group. Zeitinger Invest GmbH and ProCredit Staff Invest GmbH & Co KG are important owners of ProCredit Holding . Zeitinger Invest GmbH was founded in 2016 and emerged from Internationale Projekt Consult GmbH (IPC). The company is a shareholder as well as the strategic and entrepreneurial engine of the ProCredit group. ProCredit Staff Invest has invested savings from employees of the ProCredit group.
Other important shareholders are the German state development bank Kreditanstalt für Wiederaufbau (KfW) and the International Finance Corporation (IFC, a company of the World Bank Group ) as well as the Dutch DOEN Foundation. In addition, various long-term and development-oriented capital investment companies are shareholders in the holding company.
Banking supervision
Since the ProCredit Bank in Germany was granted its banking license, the ProCredit banking group has been under consolidated supervision worldwide by the Federal Financial Supervisory Authority (BaFin) and the Deutsche Bundesbank . For this purpose, group-wide risk management and a standardized reporting system for all countries in accordance with German regulatory requirements were set up.
Web links
- German website ProCredit Bank AG
- ProCredit Bank Germany in the BaFin company database
- ProCredit Holding
Individual evidence
- ↑ a b Master data of the credit institute at the Deutsche Bundesbank
- ↑ www.bundesanzeiger.de
- ^ ProCredit Holding website: ProCredit Bank Germany. Retrieved April 20, 2020.
- ↑ ProCredit Bank Germany website. Retrieved April 20, 2020 .
- ↑ ProCredit Bank Deutschland website: How we implement “green”: Our environmental management. Retrieved April 20, 2020.
- ↑ ProCredit Bank Deutschland website: What we offer our customers. Retrieved April 20, 2020 .
- ↑ ProCredit Bank Deutschland website: How we implement “green”: Our environmental management. Retrieved April 20, 2020 .
- ^ Members of the Compensation Scheme of German Banks , EdB.
- ↑ ProCredit Holding website: shareholder structure. Retrieved April 20, 2020 .
- ^ ProCredit Holding website: Management . Retrieved April 20, 2020.
- ↑ ProCredit Bank Deutschland website: Why we think regulation is important . Retrieved April 20, 2020.
Coordinates: 50 ° 7 ′ 16.2 ″ N , 8 ° 38 ′ 41 ″ E