ProCredit Bank S.A is a member of ProCredit Group, a financial group headquartered in Germany and consisting of 13 banks operating in developing countries of Eastern Europe and Latin America. The group's business focus is providing lending products to small- and medium-sized companies. ProCredit Group also provides a range of retail banking products to natural persons.
ProCredit Bank S.A operates as a subsidiary of ProCredit Bank AG (Germany).
In 2023, ProCredit Bank S.A achieved the position of 20th largest bank in Romania with a market share of 0.26%; its total assets grew by 6.87%.
Additionally, the bank became the 17th profitable bank in relation to its total assets showcasing 0.67% return on assets and 6.53% return on equity in 2023.
Deposits up to 100,000 EUR are covered by Romanian deposit guarantee scheme in ProCredit Bank S.A.
ProCredit Bank S.A ranks as the 20th largest bank in Romania by total assets. In 2023 its total assets were 2,813.08 mln RON, representing a 0.26% market share. In 2023 the bank's net income was 18.13 mln RON.
ProCredit Bank S.A is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).
ProCredit Bank S.A protects deposits up to up to 100,000 EUR per depositor through Romania's deposit guarantee scheme. The scheme applies to any credit balance made by natural persons, legal entities. The bank participates in the Bank Deposit Guarantee Fund (FGDB), making regular contributions into it.
ProCredit Bank S.A is headquartered in BUCURESTI.
ProCredit Bank S.A is authorized and supervised by the National Bank of Romania.