Brief: Procredit Holding H1 Consolidated Result At EUR 21.7 Mln

ProCredit Holding AG

13/08/2020 06:14

Aug 13 (Reuters) - PROCREDIT HOLDING AG & CO KGAA  PCZ.DE :
    * SOLID H1 RESULT AND STRONG GROWTH FIGURES - PROCREDIT
GROUP
RAISES GROWTH FORECAST FOR 2020
    * IN H1 2020 CUSTOMER LOAN PORTFOLIO GREW BY 5.3% OR EUR 255
MILLION (H1 2019: +5.0% / EUR +217 MILLION)
    * H1 CONSOLIDATED RESULT OF EUR 21.7 MILLION
    * H1 EARNINGS BEFORE TAXES AND LOSS ALLOWANCES TO EUR 41.8
MILLION
    * H1 NET FEE AND COMMISSION INCOME FELL SLIGHTLY BY EUR 3.2
MILLION TO EUR 22.6 MILLION
    * COMMON EQUITY TIER 1 CAPITAL RATIO (CET1 FULLY LOADED) AS
AT 30
JUNE 2020 WAS 14.1%
    * OUTLOOK 2020: MANAGEMENT BOARD NOW EXPECTS OVERALL GROWTH
OF
BETWEEN 8% AND 10%

Source text for Eikon:  ID:nEQ8jYRY3a 
Further company coverage:  PCZ.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))