On December 7, 2007 ProCredit Bank was licensed by the Central Bank of the Republic of Armenia (License N 85) and opened for clients on February 5, 2008.

ProCredit bank is a development-oriented full service bank focusing on lending to very small, small, and medium-sized enterprises.

The Shareholders of ProCredit Bank in Armenia are:
- ProCredit Holding - with 67.50% of shares
- EBRD – with 16.67% of shares and
- KfW – with 15.83% of shares

ProCredit Bank Armenia is a member of ProCredit Group. ProCredit Group consists of 22 banks operating in Eastern Europe, Africa and Latin America, which are led and supervised by ProCredit Holding AG, based in Frankfurt am Main, Germany.

The bank is a member of the Union of Banks of Armenia and Deposit Guarantee Fund of Armenia.

The bank also cooperates with “ACRA Credit Reporting” CJSC.

The bank is a full member of Visa international payment system.

As of 31 December 2009 the number of employees of ProCredit bank in Armenia was 243 people.

As of 31 December 2009: total capital - 5 452 769 thousand dram, the assets - 16 996 494 thousand dram, the liabilities - 11 543 725 thousand dram.