International Personal Finance (GB:IPF) has released an update.
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International Personal Finance has reported a strong third quarter with a notable 7% increase in customer lending and an 11% growth in receivables, excluding Poland, highlighting the company’s successful financial strategies. The company’s annualised impairment rate improved significantly to 9.2%, reflecting excellent credit quality and repayment performance. A successful £15m share buyback programme further underscores the company’s robust financial position and commitment to shareholder returns.
For further insights into GB:IPF stock, check out TipRanks’ Stock Analysis page.