ProCredit Bank Georgia

0 standards supported

Overview

ProCredit Bank Georgia is Georgian commercial banking subsidiary of ProCredit Holding German parent FRA: PCZ + ProCredit Holding German parent ~100%+ controlling + one of Georgia's mid-sized commercial banks by assets + founded May 21 1999 in Tbilisi Georgia ^{1, Georgia report}.

History

May 21 1999 — ProCredit Bank Georgia JSC founded in Tbilisi Georgia as Georgian commercial banking subsidiary of ProCredit Holding German parent FRA: PCZ distinctive Georgian-German banking heritage.

2014 — ProCredit Georgia mobile banking app launch.

Ownership & operator

Operating entity: ProCredit Bank Georgia JSC (Georgian commercial banking subsidiary of ProCredit Holding German parent).

Major shareholders: ProCredit Holding (German parent; FRA: PCZ) ~100%+ controlling.

Regulators: National Bank of Georgia NBG + BaFin German Federal Financial Supervisory Authority via ProCredit Holding parent.

Technical integration

ProCredit Georgia mobile app (iOS + Android) + procreditbank.ge online + ProCredit Bank Georgia branch network across Georgia + ProCredit Visa + Mastercard cards; EMVCo QRCPS QR payments + Georgian Lari GEL domestic transfers.

Implementations & partners

Parent group: ProCredit Holding (ProCredit Holding; German parent; FRA: PCZ; SME-focused commercial banking group across South-Eastern Europe + Eastern Europe + Latin America).

Major Georgian banking + payments competitors: TBC Bank (Georgia + Uzbekistan) (TBC Bank Group plc; LON: TBCG FTSE 250 index; Georgian commercial bank) + Bank of Georgia (Bank of Georgia Group plc; LON: BGEO FTSE 250 index; Georgian commercial bank) + Liberty Bank Georgia (Liberty Bank; GeoCSD: LIBR; Georgian commercial bank) + Basisbank Georgia (Basisbank Georgia; Hualing Group Chinese conglomerate ~91%+ controlling) + Credo Bank Georgia (Credo Bank; Georgian microfinance + commercial bank).

Regulators: National Bank of Georgia NBG + BaFin German Federal Financial Supervisory Authority via ProCredit Holding parent.

Status

Active, Georgian commercial banking subsidiary of ProCredit Holding German parent FRA:PCZ + ProCredit Holding German parent ~100%+ controlling + one of Georgia's mid-sized commercial banks by assets + founded May 21 1999 in Tbilisi Georgia ^{1, 2}.

Sources

1 ProCredit GE — official
2 ProCredit — Wikipedia
^{Georgia report} In-corpus: reports/countries/GE-georgia.md

Source

Biography extracted from procredit-bank-ge.md. See matrix.md for standards-support matrix if present.