15 November 2019 Update: Metrokredit continues servicing existing loans and works with the Central Bank of the Russian Federation to resume issuance of new loans

08.11.2019

mintosblog

Following last weeks’ announcement (below) on Metrokredit being excluded from the State Register of the Microfinance Organizations of the Russian Federation, which means they cannot issue new loans, the company continues servicing existing loans and collecting borrowers’ payments and passing them to investors on Mintos. Also, for loans that reach 60 days past due Metrokredit continues to provide the buyback guarantee. Looking forward, based on historic data we expect that around  20% of the current outstanding loans will reach 60 days past due with the vast majority of Metrokredit loans performing…

Changes to the legal structure of Metrokredit

19.09.2019

mintosblog

Metrokredit loans have been available on the Mintos marketplace since June of last year. Previously, they were offered by the legal entity Metrofinance and issued through the Metrokredit brand. (more…)

Metrokredit Update: Change of “skin in the game” – 15% to 10%

10.12.2018

mintosblog

We have some good news! The change of Metrokredit’s “skin in the game” from 15% to 10% will be introduced from the 20th of December, 2018. (more…)

Metrokredit now offers investment opportunities in Russian rubles

30.07.2018

mintosblog

You can now invest in short-term loans issued by Metrokedit in Russian ruble (RUB) on Mintos! This is a great opportunity to diversify your portfolio and earn much higher rates of return. (more…)

We have a new loan originator from Russia on Mintos – Metrokredit

27.06.2018

mintosblog

We have great news! There are now even more opportunities for investment as Metrokredit has just launched on the marketplace and offers its short-term loans for investment in Euro (EUR). Don’t miss this great opportunity to earn net annual returns of up to 13% for its loans listed in EUR! (more…)