Press release Q3 2021

Baden-Baden, November 10, 2021: GRENKE AG, global financing partner for small and medium-sized enterprises, reported net profit of EUR 20.1 million (-24.0% compared to Q3 20201: EUR 26.5 million) in the third quarter of 2021, after EUR 32.3 million in the first half of the year, despite the ongoing effects of the COVID-19 pandemic.

GRENKE. Success unlimited.

True entrepreneurship has no borders. GRENKE is wherever you are. We are a passionate team with up-to-date solutions. And when it comes to advice, we treat you as an equal.

Welcome to GRENKE Group

GRENKE Group solutions help customers all over the world to develop their business in exactly the way they choose. We provide financial breathing space wherever new ideas are waiting to take markets and customers by storm.

One-stop financial services

Established in 1978, GRENKE has become a versatile partner for small and mid-sized businesses. We’ve grown alongside our customers and their needs. Today, we have three well-established business areas, and locations in 33 countries. Whether you’re an entrepreneur, a reseller, an institution or a private customer, we know that your challenges are as unique as you are. So we make sure our solutions are unique, too.

GRENKE Group facts and figures*

From Baden-Baden to Santiago de Chile: GRENKE Group is ideally placed to respond to the challenges of global competition. You spot the opportunity; we provide the expertise.

2,795 mio.
Euro in new business**
33
Countries
> 1,700
Employees worldwide
> 150
Locations
3
Business areas: Leasing, Banking, Factoring

*As at 31.12.2020

** Total acquisition costs of all newly acquired leasing assets, purchased receivables volume in factoring and new SME lending business in the GRENKE Group incl. franchise partners in 2020.

Notes on COVID-19

Everything important for our customers and partners: We are at your side and available for you - even in difficult situations like these.

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10

Nov 2021

Consolidated Group net profit of EUR 20.1 million in the third quarter of 2021 after EUR 32.3 mil-lion in the first half of 2021

  • CEO Michael Bücker: "The quarterly results prove the viability of our business model but also the necessity for further development"
  • Net interest income declines as expected due to COVID-related lower new business in the past quarters

02

Nov 2021

GRENKE successfully completes sale of investment in viafintech GmbH

Baden-Baden, November 2, 2021: GRENKE, a global financing partner for small and medium-sized enterprises, has successfully completed the sale of its 25.01 percent minority interest in the fintech c...

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