Source - RNS
RNS Number : 4016J
International Personal Finance Plc
28 June 2017
 

International Personal Finance plc

 

Sale of home credit business in Bulgaria

 

International Personal Finance plc ("IPF") has completed the sale of its home credit business in Bulgaria to Easy Asset Management AD, a large home credit operator in that market.  The sale allows IPF to focus its resources on its larger home credit and rapidly-growing digital businesses where there is a strong demand for unsecured consumer lending.  The transaction is expected to result in an exceptional charge to the profit and loss account of around £5M.

 

 

Investor relations and media contacts:

International Personal Finance

Rachel Moran - Investor Relations

+44 7760 167637 / +44 113 285 6798

 

Gergely Mikola - Media

+36 20 339 02 25

 

Legal Entity Identifier: 213800II1O44IRKUZB59

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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