German Federal Financial Supervisory Authority (BaFin) publishes increased own funds requirements for ProCredit Holding AG

EQS-News: ProCredit Holding AG / Key word(s): Miscellaneous German Federal Financial Supervisory Authority (BaFin) publishes increased own funds requirements for ProCredit Holding AG 23.06.2025 / 10:22 CET/CEST The issuer is solely responsible for the content of this announcement. German Federal Financial Supervisory Authority (BaFin) publishes increased own funds requirements for ProCredit Holding AG

• Announcement by BaFin published today
• Increased capital requirements by 0.75 percentage points as disclosed by ProCredit Holding on 6 March 2025

 

Frankfurt am Main, Juni 23 2025 – With today’s publication, the German Federal Financial Supervisory Authority (BaFin) disclosed increased capital requirements for ProCredit Holding, which were a result of a review of the group’s credit processes. The Company’s capital requirements were increased by 0.75 percentage points, in line with the announcement by ProCredit Holding on 6 March 2025.

 

The Company's capital requirements were increased by 2 percentage points in accordance with Section 10 (3) sentence 1 in conjunction with sentence 2 no. 2 of the German Banking Act (Kreditwesengesetz). The background to the order is that the credit and risk provision processes do not fully correspond to the requirements of MaRisk and the German Banking Act. ProCredit Holding is already in the process of implementing appropriate measures to address the findings.

 

This is partially offset by the fact that the Company's capital requirements were reduced by 1.25 percentage points due to methodological changes in the SREP. Overall, the capital requirements have been increased by 0.75 percentage points, as expected. The requirement for the CET1 capital ratio amounts to 9.9% as of June 2025 (December 2024: 9.4%).

 

This had no impact on the medium-term guidances for the return on equity and the growth of the loan portfolio, nor on the Company's dividend policy.

 

Contact:

Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.: [phone],
E-Mail: [e-mail]