Our development-oriented commercial banks specialised in working with small and medium-sized businesses are at the heart of the ProCredit group. All have full banking licences. The group also comprises a number of important support companies, including the parent company, ProCredit Holding; the ProCredit Academy; and Quipu, the group IT company. All companies are majority owned and in most cases solely owned by ProCredit Holding and all companies apply a consistent set of group standards. Financially, all group companies apply IFRS accounting standards and the group publishes consolidated financial statements on a quarterly basis.
ProCredit Holding AG & Co. KGaA is the parent company of the group, controlling the majority of shares in all ProCredit institutions worldwide. The main functions of ProCredit Holding vis-à-vis its subsidiaries are the provision of equity and debt financing, strategic guidance and supervision. It sets the overall policy guidelines and standards regarding all key areas of banking operations. ProCredit Holding is responsible for ensuring that all ProCredit institutions have appropriate organisational structures and procedures in place that reflect these policies, and that they apply appropriate standards for risk management and the prevention of money laundering, fraud and the financing of terrorism.
ProCredit Holding, supported by the consultancy company IPC – Internationale Projekt Consult GmbH (IPC), has also taken the lead in introducing a comprehensive Environmental Management System in all banks of the group as well as in training management and staff with respect to environmental standards.
ProCredit Holding is strongly involved in staff management and training. It takes the lead in the development and delivery of curricula at the central ProCredit Academy in Fürth, Germany and the content of the ProCredit Onboarding Process in the group’s regional training centres. It also facilitates the rapid dissemination of best-practice approaches by running regular seminars and workshops for the managers of all ProCredit institutions.
Take a look at ProCredit institutions worldwide.