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ExpressCredit sell shares in subsidiary

22.12.2017

mintosblog

As of December 21, 2017, the Enterprise Register of the Republic of Latvia registered sale of shares of SIA ExpressCredit subsidiary SIA EC investments. The share of SIA ExpressCredit in the subsidiary has decreased from 100% to 0%. SIA EC finance and shares were disposed of at a nominal share capital of EUR 3000.

Comments

  • Dany

    Is it good or bad news?

    • http://www.mintos.com Mintos

      Hi Dany,

      This has non-material effect on its core activities of issuance and servicing of loans.