The current situation with Eurocent

29.10.2018

mintosblog

We were wanting to get in touch in regards to the current situation with Eurocent. As we informed you earlier, on May 9, 2018, the District Court of Krakow made an official announcement declaring that Eurocent was bankrupt. (more…)

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 >

Eurocent continues servicing loans

27.07.2017

mintosblog

Here is an update on the situation with Eurocent-issued loans. After missing repayment of its corporate bonds on June 8, 2017, Eurocent has continued servicing the loans and passing on all borrower payments to investors on the Mintos marketplace. Since June 8, 2017, the outstanding investment portfolio in Eurocent loans on the Mintos marketplace has decreased by 21%. (more…)

Placement of new Eurocent loans temporarily suspended

26.06.2017

mintosblog

Placement of new Eurocent loans on the Mintos marketplace has been temporarily suspended. The decision was made by Mintos management following the information that Eurocent has missed the repayment of its corporate bonds.   (more…)

Poland’s Eurocent joins Mintos marketplace

17.03.2017

mintosblog

Mintos welcomes a new loan originator to the platform! Eurocent, a stock market-listed company, has joined the Mintos marketplace and, starting today, will place medium-term personal loans issued in Poland on the platform. This is the first loan originator from Poland to issue loans offline. (more…)