ProCredit Bank Romania

What ProCredit Bank Romania does

ProCredit Bank Romania (ProCredit Bank S.A.) is a development-oriented commercial bank headquartered in Bucharest, founded in 2002 as Miro Bank (originally established in 1998 as MicroEnterprise Credit Romania) and operating as a majority-owned subsidiary of Frankfurt-listed ProCredit Holding AG. The bank serves three principal segments: small and medium enterprises (SMEs), retail individuals, and agricultural businesses—approximately 30% of its loan portfolio historically has been directed to agriculture, serving around 11,000 holdings. Its core product set spans current and savings accounts (FlexSave, BizFlex Save, term deposits in RON and EUR), payment accounts with zero-fee promotional packages (ProZero24, ProPortare, ProPulsare), a full lending suite covering personal, mortgage (including RoGBC-certified ProGreen), ProGreen Auto for electric and plug-in hybrid vehicles, and agricultural credit lines structured around harvest seasonality.

The bank's technology stack combines a digital-first core—100% online account opening, ProB@nking Plus eBanking, mobile banking with biometric authentication and MobileSign for 3D-Secure payments, electronic signatures, and MyScan document digitization—with physical branches, including specialized agricultural outposts and 24/7 self-service zones. Cross-border functionality is provided through the ProConnect business networking platform, which links clients across 12 ProCredit countries. AI/ML capabilities are not disclosed in available materials; the proprietary tool cited is a rule-based CO2 Emissions Calculator built on GHG Protocol and IPCC methodology.

ProCredit earns revenue primarily through net interest income on its loan portfolio (group NIM 3.2% in H1 2025) and net fee and commission income on transactions, FX, cards, and payment processing. Group-wide loan portfolio reached EUR 7.18 billion in Q1 2025 with EUR 8.24 billion in deposits, a 2.1% default rate, and a 13.1% CET1 ratio, reflecting above-average asset quality driven by its production-finance focus. Fitch rates the bank BB+ with stable outlook. Distribution combines direct branch sales, a relationship-manager-led SME motion, digital self-serve channels, and a network of state and EU-backed intermediaries—FNGCIMM (GARANTIS IMM), APIA, RoGBC, MEDAT, and EBRD/EIB via JEREMIE—plus fintech platforms Regnet and Keez. Green-finance volumes are anchored by a EUR 1.36 billion group green loan book and SBTi-validated 42% Scope 1 and 2 reduction targets by 2030.

Name

ProCredit Bank Romania

Legal name

ProCredit Bank S.A.

Website

https://procreditbank.ro

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

251–500 employees

Short description

ProCredit Bank Romania is a development-oriented commercial bank in Bucharest serving SMEs, retail individuals, and agricultural businesses through digital channels, a 28-branch network, and EU/state-guaranteed financing programs, as a majority-owned subsidiary of Frankfurt-listed ProCredit Holding AG.

Ownership category

akta.pro rank

Product category

SME and Agricultural Commercial Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Neobank Core Platform (Retail/SME Digital Bank) (FSAGAAAA)

Keywords

• SME banking services
• Agricultural lending
• Green financing
• Digital banking
• Commercial banking

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Net Interest Income: Interest income from loan portfolio (retail and SME lending) minus interest paid on deposits. Primary revenue driver for the bank. Loan portfolio grew 7.2% in H1 2025 across all segments. Net interest margin at 3.2% in H1 2025.
2. Net Fee and Commission Income: Transaction fees, account maintenance fees, card fees, foreign exchange income, and payment processing fees. Grew by 6.2% to EUR 47.0 million in H1 2025, driven by strong transaction and FX business.
3. Digital Banking Services: Revenue from digital banking services including eBanking, mobile banking, card transactions, POS terminals, and digital payment solutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels8 records

Core offering

ProCredit Bank Romania is a development-oriented commercial bank offering current accounts, savings accounts, term deposits, payment cards, and a full suite of credit products (personal loans, mortgages, overdrafts, investment loans, working capital facilities) for individuals, SMEs, and agricultural businesses. Its offering is delivered through a digital-first platform (100% online account opening, eBanking, Mobile Banking) complemented by a national branch network and supported by green/ProGreen finance products, partnerships with APIA and FNGCIMM, and the ProConnect regional networking platform.

Product overview

ProCredit Bank Romania offers a comprehensive banking platform with a unified product portfolio structured around personal banking, business/corporate banking, and agricultural financing segments. The core digital platform consists of ProB@nking Plus (internet banking) and Mobile Banking, supplemented by the ProConnect networking platform for business clients across 12 countries. The product range includes current and savings accounts (FlexSave, term deposits), credit products (personal loans, mortgages including the ProGreen Imobiliar for certified buildings, auto loans with ProGreen Auto for electric vehicles), and specialized agricultural financing. Business banking features include ProZero24 (zero-fee business accounts), investment loans, working capital facilities, POS terminals, and cash management solutions. The bank emphasizes green/sustainable banking with the ProGreen product line spanning automotive, photovoltaic, energy efficiency, and real estate financing. Digital-first services include 100% online account opening, electronic signatures, MyScan document management, and mobile payments via Google Pay and Apple Pay. The bank participates in government guarantee programs (GARANTIS IMM, SME Eco-Tech) and European funding initiatives (InvestEU, PNRR) to support SME financing.

Differentiator

Problem solved

Functional benefit

Brands

• ProGreen: Sustainable financing products for green investments including energy efficiency, photovoltaic panels, and green mortgages.
• ProGreen Auto
• ProGreen Imobiliar
• ProZero24
• ProConnect
• ProAntreprenor
• ProActive
• ProHome
• BizFlex Save
• FlexSave
• FlexFund Overdraft
• ProPay
• MyScan
• ProCarieră
• Marea ProPortare
• Marea ProPulsare
• Parteneri de Bancă

Products and services

• ProB@nking Plus Internet Banking Internet banking platform providing online account management, payments, currency exchange, and financial operations for retail and business banking customers at ProCredit Bank Romania.
• Mobile Banking with MobileSign Mobile banking application enabling customers to manage finances, make payments, and complete secure 3D Secure online card transactions via biometric authentication and MobileSign.
• ProZero24 Business Current Account Business current account package with zero administration fees for 24 months available 100% online for companies with Romanian ownership; includes RON/EUR/USD/GBP accounts, unlimited national and SEPA payments up to 50,000 RON equivalent, up to 3 Visa cards, and zero-cost bills of exchange and cheques.
• ProGreen Mortgage for RoGBC-certified Buildings Mortgage loan for energy-efficient RoGBC-certified buildings with 4.89% fixed rate for the first 3 years, then variable IRCC + 2.10%, or variable IRCC + 1.99% for entire duration; up to 1,250,000 LEI; 30-year max term; 15% minimum down payment; zero analysis, evaluation, and registration commissions.
• ProGreen Auto Credit Auto loan for purchasing new electric or plug-in hybrid vehicles under favorable green financing conditions for individual customers.
• ProConnect Regional Business Networking Platform Digital business networking platform exclusively for ProCredit business clients, enabling connections with partners in 12 countries within the ProCredit network, providing networking, fast payments, and reduced costs within the network.
• Personal Loan (Credit de nevoi personale) Personal loan for individual financial needs with competitive interest rates and flexible repayment terms for personal banking customers.
• FlexFund Overdraft Overdraft facility providing flexible short-term credit access for personal banking customers tied to their current accounts.
• FlexSave Savings Account Savings account for individuals with competitive interest rates, accessible online with no minimum deposit requirement.
• Term Deposits (Depozite la termen) Term deposit products in RON or EUR with terms from 6 to 12 months offering guaranteed returns; rates include 7.5% p.a. RON 6M and 2.7% p.a. EUR 6M.
• ProActive / ProGreen Plus Current Account Packages Current account packages for individuals including ProActive (zero administration fee), Platinum (premium benefits), and ProGreen Plus (green product bundle) offering bundled retail banking services.
• Visa Debit and Credit Cards Visa debit and credit cards for personal banking customers including Visa Platinum with premium benefits, leveraging 3D Secure and biometric authentication through MobileSign.
• Visa Business Cards Business Visa cards for corporate customers with features tailored for business expense management.
• Investment Loans (Credite pentru investiții) Investment loans for business development, available up to 15 years for real estate and 10 years for equipment with flexible repayment options including seasonal payments for SMEs.
• Working Capital and Liquidity Loans Working capital and liquidity financing solutions for businesses to manage cash flow and operational needs.
• Credit Line (Limita de credit) Credit line facility allowing businesses to access flexible financing as needed.
• POS Terminals Point-of-sale terminals for merchants to accept card payments from customers.
• Photovoltaic System Loans Specialized financing for photovoltaic systems for own consumption, supporting renewable energy investments for businesses and individuals.
• Agricultural Loans (Credite pentru agricultură) Agricultural financing including loans for seeding, equipment, land acquisition, and storage facilities, with seasonal repayment options aligned with harvest cycles for agricultural clients.
• Documentary Trade Finance (Afaceri documentare) Documentary trade finance services for international business transactions.
• GARANTIS IMM State-Guaranteed SME Financing State-guaranteed financing program providing up to 80% guarantee coverage for SME loans through FNGCIMM, covering investment credits, credit lines, overdrafts, and bank guarantees, including startups up to 36 months old.
• SME Eco-Tech Financing Program EU-funded financing program for SMEs in production combining non-reimbursable grants up to 40% (max 50,000 CHF) with preferential bank credit (minimum 60%) for green and digital investments.
• Regnet-ProCredit Integrated Business Setup Package Integrated bundles combining business registration, banking, accounting, and legal services for newly established companies at zero initial cost (One Time at 0 RON, Nova at 0 RON for first 6 months).
• National and European Funding Programs Distribution Distribution channel for European funding programs (InvestEU and other EU initiatives) and national funding programs (PNRR, INVESTALIM, IMM PLUS) for business financing at ProCredit Bank Romania.

Quantifiable outcome

• Over 45,000 agricultural loans worth EUR 230 million disbursed 2002–2012 to ~11,000 holdings
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature8 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• FNGCIMM (Fondul Național de Garantare a Creditelor pentru Întreprinderile Mici și Mijlocii)coreStrategic or Co-development Partner · 19 May 2026ProCredit Bank signed the GARANTIS IMM Convention with FNGCIMM, providing state guarantees covering up to 80% of SME credit values. Covers investment credits, credit lines, overdrafts, and bank guarantees. Includes startups up to 36 months old.
• RegnetcoreStrategic or Co-development Partner · 4 February 2026Partnership with Regnet, a Romanian digital firm registration and administration platform, to offer integrated packages with zero initial costs for newly established SRLs and PFAs. Includes banking, accounting, and legal services in one digital process. Two packages: 'One Time' at 0 RON and 'Nova' at 0 RON for first 6 months.
• AIR (Asociația Investitorilor din România în Republica Moldova)minorStrategic or Co-development Partner · 23 January 2026ProCredit Bank Romania became a member of AIR to support Romanian entrepreneurs operating on both sides of the Prut River (Romania and Moldova), offering digital banking solutions.
• Asociația pastelminorStrategic or Co-development Partner · 15 April 2025Partnership with Asociația pastel for the ProCarieră project at Liceul Tehnologic Gheorghe Ionescu-Șișești in Valea Călugărească, Prahova. Includes renovation and equipment of a chemistry laboratory and financial education sessions for students.
• RoGBC (Romania Green Building Council)coreStrategic or Co-development Partner · 25 March 2025Partnership with RoGBC to offer preferential mortgage rates (4.89% fixed first 3 years, then IRCC+2.10%) for RoGBC-certified energy-efficient buildings. Includes zero analysis, evaluation, and registration commissions.
• FintechOScoreTechnology or IntegrationFintechOS provides banking technology infrastructure for ProCredit Bank (and CEC Bank). The platform supports core banking operations and digital transformation initiatives.
• VisacoreTechnology or IntegrationVisa provides debit and credit card infrastructure for ProCredit Bank's card portfolio including Visa Platinum, Visa Business, and Visa debit cards. 3D Secure and biometric authentication (MobileSign) supported.
• KeezcoreStrategic or Co-development PartnerPartnership with Keez to launch 'Pro&Keez': 2-in-1 banking and digital accounting solution for businesses, integrating ProCredit Bank's financial services with Keez's accounting software.
• APIA (Agenția de Plăți și Intervenție pentru Agricultură)coreStrategic or Co-development PartnerLong-standing convention with APIA for financing agricultural subsidy beneficiaries. ProCredit Bank is ranked #2 in Romania for APIA-subsidy-based lending. Credit lines up to 90% of subsidy value with seasonal repayment.
• Ministerul Economiei, Digitalizării, Antreprenoriatului și Turismului (MEDAT)coreStrategic or Co-development PartnerProCredit Bank is one of five partner banks for the SME Eco-Tech program, funded by the Swiss contribution for Romania. Program provides grants up to 40% plus preferential credit for manufacturing SMEs investing in green and digital solutions.

Scale indicators15 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Banca Transilvania: Romania's largest bank by assets with a strong SME franchise; competes head-on with ProCredit for SME current accounts and lending, but operates a much larger universal banking model with retail, corporate, and treasury across the country.
• Banca Comercială Română (BCR): Erste Group subsidiary and the largest universal bank in Romania; competes across retail, SME, agricultural and corporate segments, overlapping directly with ProCredit's SME and agri lending but at significantly greater scale.
• BRD – Groupe Société Générale: Top-three Romanian universal bank with broad retail and SME coverage; comparable to ProCredit in serving SMEs and offering digital onboarding, but with a far larger balance sheet and corporate banking franchise.
• Raiffeisen Bank Romania: Austrian-owned universal bank with strong corporate and SME lending in Romania; comparable to ProCredit in targeting business clients but with broader product suite and FX capabilities.
• ING Bank Romania: Leading digital-first incumbent in Romanian retail and SME banking; overlaps with ProCredit on digital onboarding, mobile banking, and SME current accounts, but at much larger scale and with broader retail product set.
• UniCredit Bank Romania: Large universal bank competing for Romanian SMEs and corporates; comparable on business lending products but with a much larger balance sheet and corporate treasury franchise.
• CEC Bank: State-owned Romanian bank with deep agricultural and rural branch network; directly comparable to ProCredit's agri lending focus and SME/government-guarantee programs (FNGCIMM, APIA), serving overlapping rural and SME client segments.

Direct peers

• Patria Bank: Romanian mid-sized commercial bank with a stated SME and agricultural focus, similar branch density and product mix to ProCredit; the closest direct competitor for SME current accounts, micro and agri lending in Romania.
• ProCredit Bank Bulgaria: Sister institution within the ProCredit Holding network, operating the same SME- and agriculture-focused development bank model in a neighboring SEE market; useful comparable for product set, funding mix, and digital banking maturity.

Regional players

• Garanti BBVA Romania: Mid-sized universal bank with a meaningful SME and consumer finance book in Romania; overlaps with ProCredit on SME current accounts, FX, and digital onboarding but is foreign-owned (Turkish parent) and competes with broader product scope.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/ProCreditBankRomania
• Facebookfacebook.com/procreditbankromania
• LinkedInlinkedin.com/company/procredit-bank-romania?originalSubdomain=ro
• Instagraminstagram.com/procreditbankromania

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ProCredit Bank Romania