ProCredit Bank S.A

Anna Mileiko Created by Anna Mileiko

ProCredit Bank S.A Logo

Address

Str. Buzesti nr.62-64, et.1, et.2 si et.4, sector 1, 011017, BUCURESTI, Romania

BIC

MIROROBU

Overview

Category

Commercial banks

Business Focus

SME lending

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).

Performance

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.

Deposit Protection

Deposits up to 100,000 EUR are covered by Romanian deposit guarantee scheme in ProCredit Bank S.A.

Services

retail banking
business banking

Products

current accounts
debit cards
savings accounts
time deposit accounts
company accounts
international payments
credit lines to finance working capital
amortization loans
annuity term loans
bank guarantees

Card Providers

Visa

See Also

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

ProCredit Bank S.A delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of ProCredit Bank S.A
Net_income of ProCredit Bank S.A
Market Share of ProCredit Bank S.A
Total Assets (2023)
2,813.08 mln RON   (+6.87%)
Net Income (2023)
18.13 mln RON   (+37.01%)

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.

Credit Ratings

Fitch: BBB-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

ProCredit Bank S.A is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Bank Deposit Guarantee Fund (FGDB)Bank Deposit Guarantee Fund (FGDB)
Covered Accounts
any credit balance
Eligible Depositors
natural persons
legal entities

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.

See Also

Contacts

addressStr. Buzesti nr.62-64, et.1, et.2 si et.4, sector 1, 011017, BUCURESTI, Romania
websitehttps://www.procreditbank.ro/

ProCredit Bank S.A is headquartered in BUCURESTI.

See Also

Bank Identifiers

BIC (SWIFT)
MIROROBU
LEI
5299006OMGUYDLEXQ337
Company Number
14622194
MFI ID
RORBPJR40050

Bank Supervision

Supervised By
National Bank of Romania

ProCredit Bank S.A is authorized and supervised by the National Bank of Romania.

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