ProCredit group achieves double-digit portfolio growth (10.2%) in the first nine months of 2018
(WorldNews Germany)

o Strong growth in the first nine months of 2018: the gross loan portfolio increased by EUR 398 million or 10.2% (9M 2017: 5.6%) to EUR 4.3 billion o At EUR 40.9 million, the consolidated result from ongoing business operations in the first nine months of 2018 is significantly above the 9M 2017 result (EUR 36.5 million) o Steady increase of net interest income in 2018: Q1 EUR 46.6 million, Q2 EUR 47.1 million, Q3 EUR 48.0 million o Increase in net fee and commission income by 12.1% to EUR 37.3 million (9M 2017: EUR 33.3 million) in the private and business client areas o Forecasts for 2018 confirmed: Gross loan portfolio growth of 12 to 15% and a return on equity of 7.5 to 8.5% ProCredit...