28 Jun 2017 08:40
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
Inter. Pers. (IPF)