Financial Services, Latvia
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Consumer lender 4finance Holding reports 11% increase in turnover in January-September
BC, Riga, 21.11.2018.Print version
Consumer lender 4finance Holding posted EUR 328.6 mln in turnover in January-September, a 11% increase on the same period last year, the company informed LETA.
The company's interest income amounted to EUR 361.5 mln, 10%
more than in the first nine months last year. The group's operating profit
before provisions stood at EUR 157.6 mln - 22% increase on January-September in
2017.
According to 4finance
Holding, the total amount of loans the company has issued online has
increased 0.5% to EUR 932.4 mln. The total amount of credit lines extended by
the company rose 16% to EUR 114.3 mln.
4finance operates
under the following brands: Vivus,
SMSCredit and Zaplo. The company
has offices in Riga, London and Miami, and its services are available to
customers in 12 countries in Europe, as well as in Argentina and Mexico