The ProCredit Bank Deutschland is a bank based in Frankfurt am Main. It is the youngest bank of the ProCredit Holding, which operates primarily in Southeastern and Eastern Europe as well as in South America[1] and wants to make a contribution to sustainable economic development through responsible banking business. The admission of the customer business in Germany took place in March 2013.[2]
Business model
The ProCredit Bank in Germany provides financial services for the ProCredit Banks worldwide and at the same time offers private and corporate customers in Germany a platform for engagement in Southeastern and Eastern Europe[3] as well as South America. The bank specializes in small and medium-sized enterprises. The ProCredit Bank finances renewable energy projects and has an exclusion list for activities that are not funded. It also takes into account environmental risks when lending.[4]