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ProCredit Holding is the
parent company of a global
group of 22 ProCredit banks. ProCredit Holding
wasfoundedasInternationaleMicroInvestitionen
AG (IMI) in 1998 by the pioneering development
finance consultancy company IPC.
ProCredit Holding is committed to expanding
access to financial services in developing countries
and transition economies by building a
group of banks that are the leading providers of
fair, transparent financial services for very small,
small and medium-sized businesses as well as
the general population in their countries of operation.
In addition to meeting the equity needs of its
subsidiaries, ProCredit Holding guides the development
of the ProCredit banks, provides their
senior management, and supports the banks in
all key areas of activity, including banking operations,
human resources and risk management. It
ensures that ProCredit corporate values, bestpractice
banking operations and Basle II risk management
principles are implemented group-wide.
IPC is the leading shareholder and strategic
investor in ProCredit Holding. IPC has been
the driving entrepreneurial force behind the
Th e B a n k a n d i t s S h a r e h o l d e r s
ProCredit group since the foundation of the
banks. Historically, IPC provided the senior managers
of the ProCredit banks. At the end of 2007,
IPC staff were integrated into ProCredit Holding,
significantly strengthening the company’s ability
to support the ProCredit group.
ProCredit Holding is a public-private partnership.
In addition to IPC and IPC Invest (the
investment vehicle of the staff of IPC and
ProCredit), the other private shareholders of
ProCredit Holding include the Dutch DOEN Foundation,
the US pension fund TIAA-CREF, the US
Omidyar-Tufts Microfinance Fund, the Swiss investment
fund responsAbility and the Salvadoran
company Fundasal. The public shareholders
of ProCredit Holding include KfW (the AAA-rated
German promotional bank), IFC (the AAA-rated
private sector arm of the World Bank), FMO (the
Dutch development bank) and BIO (the Belgian
development fund).
ProCredit Holding has an investment grade rating
(BBB-) from Fitch Ratings Agency. As of the end
of 2007, the equity base of the ProCredit group
is EUR 333.2 million. The total assets of the
ProCredit group are EUR 4.1 billion.