2 July update: Status of the defaulted lending companies and the recovery of invested funds

02.07.2020

mintosblog

Following previous updates, we share news on the developments in the last month on each defaulted lending company and the recovery of invested funds. View the table for financial data and read comments on each lending company below.  (more…)

28 May update: Status of the defaulted lending companies and the recovery of invested funds

28.05.2020

mintosblog

Following the update from 30 March and update from 30 April, we share news on the developments in the last month on each defaulted lending company.  (more…)

April 30 update: Status of the defaulted lending companies and the recovery of invested funds

30.04.2020

mintosblog

Following the last update from March 30, we share news on the developments within the last month on each defaulted lending company.  (more…)

Status update on the defaulted lending companies and the recovery of invested funds

30.03.2020

mintosblog

From now on, we will share with you a monthly summary with all the main statistics listed in one file. Below, in this article, you will also find our comments on the current status and about the funds recovered from each lending company. (more…)

The current situation with Eurocent

29.10.2018

mintosblog

Update about the Eurocent case from July 15, 2019:

As of July 2019, the District Court of Krakow still has not approved Eurocent’s creditor list. As we have informed you previously, Mintos has submitted the supporting documentation to the District Court on June 6, 2018, which confirmed the claims of Mintos investors. The expectations are that the final approval of the creditor list might happen during 2019, but neither we at Mintos nor our legal advisers can predict this development with confidence. 

You can find Eurocent’s financial statements for Q3 2018 here.


We were…

Latest update on Eurocent

17.04.2018

mintosblog

Due to Eurocent’s complex property and legal situation, and its inability to obtain an investor, as of March 20, 2018, Eurocent has ceased its operations. According to the compulsory administrator of Eurocent, continued operating activity is economically unjustified and there are no real prospects for the implementation of the arrangement and restructuring of the company. (more…)

Current situation with Eurocent

06.02.2018

mintosblog

Here is another update on the situation with Eurocent.

As the compulsory administrator was appointed to Eurocent, all commercial decisions now require his approval. Because of this, regular settlements with Mintos were stopped by Eurocent in December 2017. Meanwhile, the District Court of Krakow has not yet reached a decision whether Eurocent can commence the formal restructuring process. (more…)

Latest update on Eurocent

12.01.2018

mintosblog

Here is the latest update on the situation with Eurocent. Since June 8, 2017, the outstanding investment portfolio in Eurocent loans on the Mintos marketplace has decreased by 52%. The total amount outstanding is EUR 190 000, averaging EUR 118 per investor. (more…)

Update on Eurocent

13.10.2017

mintosblog

  • Uncategorized
6

Here is the latest update on the situation with Eurocent. The company continues servicing the loans and passing on borrower payments to investors on the Mintos marketplace. As a result, since June 8, 2017, the outstanding investment portfolio in Eurocent loans on the Mintos marketplace has decreased in total by 43%.

After suspending automatic buyback of the delinquent loans on the Mintos marketplace in July, Eurocent made a partial buyback of the loans according to company’s financial ability in the amount of EUR 71…

Eurocent S.A. financial results for Q2 2017

16.08.2017

mintosblog

Eurocent S.A. reported  consolidated operating loss of PLN 2.7 million and consolidated net loss of PLN 3.2 million for the second quarter of 2017.

See report >

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