Estonia, EU – Baltic States, Financial Services, Loan, Mergers and take-overs
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Saturday, 20.04.2024, 05:38
British company buys the company managing Credit24
BC, Tallinn, 22.12.2014.
Print version
Print versionUK loan provider International Personal Finance plc announced that it will buy for 23.8 million pounds instant loans company MCB Finance Group which offers instant loans in Estonia under the brand Credit24, LETA/Public Broadcasting reports.
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MCB chief executive Rami Ryhänen told Estonian national television ETV that with the new investments, they expect to expand and come to market with new products.
"Maybe someday we will bring credit cards on the market, we will bring a different type of loans that have other prices, maybe bigger loans, etc.," said Rami Ryhänen.
MCB offers consumer loans in Finland, Estonia, Latvia, Lithuania and Australia. The company is listed on the London Stock Exchange, and its offices are located in Tallinn and London.
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