After joining Mintos in March of 2018, ExpressCredit has been offering you the opportunity to invest in loans issued in the African continent. Today, the loan originator is adding a new country to the marketplace for the first time ever – Namibia. (more…)
Starting from August 23, 2019, there will be a new structure for investing in Zambia-issued ExpressCredit loans on the Mintos marketplace. The change has been implemented due to the requirements of local legislation. (more…)
As of 11/01/2018 the Enterprise register of the Republic of Latvia has registered changes in the charter of SIA ExpressCredit with respect to changes in the composition of the Board. Newly elected Board member Ivars Lamberts will join the present acting management Board, consisting of Agris Evertovskis, Didzis Ādmīdiņš and Kristaps Bergmanis. (more…)
According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/08/2017 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 250. (more…)
SIA ExpressCredit Group’s turnover for the 1st half of 2017 reached EUR 8.7 m and Group worked with unaudited net consolidated profit of EUR 1.44 m.
The Group’s operations during the period from 1 January to 30 June 2017 has been successful. In line with plans, total revenue for the period was up by 25.4% against the 2016 respective period and reached 8 718 678 euro.
Agris Evertovskis comments on 2017 1st half year results: “The growth of the Group’s performance in comparison with the previous half-year is significant. The company’s financial position and operating results are the best…
Information about publishing SIA ExpressCredit financial reports for 2017, in accordance with AS Nasdaq Riga rules On Listing and Trading of Financial Instruments in the Markets Regulated by the Exchange, is summarized below. (more…)
The Group’s operations during the period has been successful. In 2016 the new amendments to legislation came into force, which led to significantly lower interest rates on consumer loans. Consequently, in line with expectations, total revenues in the period fell by 13.2% against 2015 and reached 15 081 843 euro. (more…)
According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 27/02/2017 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 350. (more…)
SIA ExpressCredit operates under the brands Banknote and Rīgas pilsētas lombards has reached the greatest performance indicators of all times in the 3rd quarter of 2016. Amount of the consumer credits provided by the company has reached EUR 8.33 million in the 3rd quarter representing 26% over the indicator of the relevant period in 2015. (more…)