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Fitch Rating once again assigned the highest rating to ProCredit Bank

ANOTHER CONFIRMATION OF STABLE BUSINESS

ProCredit Bank is characterized by the highest possible investment rating in Serbia, as assessed this year by Fitch Rating, one of the world's largest rating agencies. This once again confirmed that ProCredit Bank's operations are stable, and that the analyzed risks are at a low level.

Fitch Ratings, the world leader in assessing the credit rating of financial institutions, confirmed the BBB- rating of ProCredit Bank Serbia this year, which is the highest rating that Fitch Ratings gives to companies in our country. This rating is the result of several factors, primarily high capitalization and strong liquidity, as well as strong expertise in lending to small and medium-sized enterprises and agriculture. As in previous years, an adequate assessment of business risks was emphasized, which all together has a positive effect on the quality of the bank's assets, which is above the average in the banking sector. The strong support that the bank receives from ProCredit Holding from Frankfurt, its sole shareholder, certainly contributed to the highest.

What makes ProCredit Bank stand out is certainly a modern, digital business model in which the focus is on individual approach to clients, but also commitment to energy transformation i.e. green financing and sustainable way of doing business, in accordance with the highest European standards.

From the very beginning, ProCredit Bank was focused on the security and long-term nature of the business model. We view our clients as partners, and accordingly we strive to provide the highest quality financial services based both on understanding the situation of each individual client and on a thorough financial analysis. The highest rating from Fitch Rating, which was awarded to us again this year, is a confirmation that our business is going in the right direction, and we will definitely try to keep it that way in the future - said Igor Anić, President of the Executive Board of ProCredit Bank.

This rating is a confirmation of the safety and stability of the business model of ProCredit Bank. It can certainly serve as one of the criteria when choosing a bank for citizens, and as a guarantee for their existing clients that they have made a good choice.