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10 April 2018

ProCredit Holding, parent company of ProCredit Bank Albania, publishes comprehensive Group Impact Report for 2017 in accordance with GRI guidelines

The Group Impact Report for 2017 provides insights into the social, economic and ecological impact of the ProCredit group’s business operations. Led by its Frankfurt-based parent company ProCredit Holding AG & Co. KGaA (ProCredit Holding), the ProCredit group consists of banks for small and medium enterprises (SMEs). The operational focus is on South-Eastern and Eastern Europe, but the group is also active in South America and Germany.

Borislav Kostadinov, member of the Management of ProCredit Holding, commented: “We are proud to be able to highlight our continued commitment to making a positive, sustainable development impact in our countries of operation. Recently, along with our 2017 financial statements, we published our annual Group Impact Report, which we put together in line with GRI reporting standards. It sheds light on the significant impact we have achieved through our particular business model, our particular approach to client relations and our particular approach to staff.”

Ms Adela Leka, spokesperson of the management board of ProCredit Bank Albania, welcomes being able to see the group’s combined sustainability efforts in one comprehensive report and points out: “We aim to work with innovative, forward-looking companies with the capacity to create jobs and sustain economic development. We focus on agriculture and local manufacturing sectors, and work particularly with SMEs investing in green finance and energy efficiency. We pay special attention to business customers who are regionally active in our countries of operation. Our business clients are characterised by their formal or increasingly formalised structures, a sustainable business model and their need for banking services beyond mere credit. Also I want to emphasise that environmental protection and awareness has been an important topic for us for many years. Over time, we have increasingly formalised our approach to managing and improving our environmental performance. ProCredit Bank Albania has implemented an internal system to minimize its negative impact on the environment, and also the negative impact of its clients which consists of the following three pillars: Internal Environmental Management System; Management of the environmental and social risk of lending; Promoting green loans. Today, we have an established and comprehensive environmental management system (EMS) that is certified under international best practice standards – ISO 14001”.

You can find the current Impact Report on ProCredit Holding’s website and ProCredit Bank Albania’s website.

Contact:

Suada Mansaku, Marketing and Communications, ProCredit Bank Albania

Tel.: +355 696096618, e-mail: suada.mansaku@procredit-group.com

About ProCredit Bank Albania

ProCredit Bank is a development-oriented bank focused on SMEs. It is 100% owned by ProCredit Holding, based in Frankfurt am Main, Germany. ProCredit Bank Albania has been focusing on developing its electronic services infrastructure in order to provide modern banking services that meet the needs of the customers as efficiently as possible. It is rated “BB-” by the international agency Fitch Ratings, and is being supervised by German authorities, the Bundesbank and BaFin, which ensure the reliability and sustainability of this bank.

About ProCredit Holding AG & Co. KGaA

ProCredit Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of banks for small and medium enterprises (SMEs) and whose operational focus is on South-Eastern and Eastern Europe. In addition to this regional focus, 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 anchor shareholders of ProCredit Holding AG & Co. KGaA include the strategic investors Zeitinger Invest and ProCredit Staff Invest (comprising the investment vehicles for ProCredit staff), the Dutch DOEN Participaties, KfW Development Bank and IFC (part of the World Bank Group). As the group’s superordinated company according to the German Banking Act, ProCredit Holding AG & Co. KGaA is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. More information can be found on the company’s website at www.procredit-holding.com