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ProCredit Holding AG
ISIN: DE0006223407
WKN: 622340
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ProCredit Holding AG · ISIN: DE0006223407 · EQS - adhoc news (87 News)
Country: Germany · Primary market: Germany · EQS NID: 2096852
06 March 2025 08:05PM

Management Board expects capital requirements to be increased by 0.75 percentage points


EQS-Ad-hoc: ProCredit Holding AG / Key word(s): Miscellaneous
ProCredit Holding AG: Management Board expects capital requirements to be increased by 0.75 percentage points

06-March-2025 / 20:05 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


In today's letter, ProCredit Holding AG received a draft order stating that the German Federal Financial Supervisory Authority (BaFin) intends to increase the Company's capital requirements by 2 percentage points in accordance with Section 10 (3) sentence 1 in conjunction with sentence 2 no. 2 of the German Banking Act (Kreditwesengesetz) as a result of a review of credit processes.

This is partially offset by the fact that the Company's capital requirements are expected to be reduced by 1.25 percentage points due to methodological changes in the SREP.

Overall, the Management Board therefore expects an increase in capital requirements of 0.75 percentage points once the final order has been issued, which would result in an increase in the requirements for the CET1 capital ratio from 9.4% as at December 2024 to 9.8%.

This has no impact on the medium-term guidances for the return on equity and the growth of the loan portfolio, nor on the Company's dividend policy.

 

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

Contact

Investor Relations, ProCredit Holding AG, Tel.:+ 49 69 95 14 37 0, e-mail: pch.ir@procredit-group.com

 

About ProCredit Holding AG


ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The main shareholders of ProCredit Holding AG include the strategic investors Zeitinger Invest GmbH and ProCredit Staff Invest GmbH & Co KG (the investment vehicle for ProCredit staff), KfW, the Dutch DOEN Participaties BV and the European Bank for Reconstruction and Development. As the group’s superordinated company according to the German Banking Act and as the parent financial holding company of the ProCredit financial holding group, ProCredit Holding AG is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit: https://www.procredit-holding.com/


06-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ProCredit Holding AG
Rohmerplatz 33-37
60486 Frankfurt am Main
Germany
Phone: +49-69-951437-0
Fax: +49-69-951437-168
E-mail: pch.info@procredit-group.com
Internet: www.procredit-holding.com
ISIN: DE0006223407, DE000A289FD2, DE000A3E5LD7, DE000A0N37P3, DE000A161YW4, DE000A3MP7Z1, DE000A289E87, DE000A3E47A7, DE000A2YN7F2, DE000A2YN017
WKN: 622340
Indices: im Freiverkehr der Frankfurter Wertpapierbörse
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2096852

 
End of Announcement EQS News Service

2096852  06-March-2025 CET/CEST

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Contact:
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+49 (0) 89 444 430-000

 

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