International Personal Finance (GB:IPF) has released an update.
International Personal Finance plc reported a strong Q1 in 2024, with notable growth in customer lending and net receivables, excluding Poland, and robust credit quality supporting plans for further lending growth. Despite regulatory changes impacting the Polish market, the company is adapting and maintaining a strong balance sheet, with plans to refinance a Eurobond due in 2025. The company’s Next Gen strategy aims to capture long-term growth opportunities and continue to provide affordable credit products and insurance services, reinforcing its commitment to financial inclusion.
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