IuteCredit reports unaudited results for 9M/2019: Continued double trajectory of growth and expansion - remaining profitable
Evelin Kanter, Group Chief Legal Officer (CLO) Email: email@example.com Phone: +372 50 52 72 9Aalto Capital (Investor Relations) Sven Pauly, Consultant Email: firstname.lastname@example.org Phone: +49 89 898 67 77 0
IuteCredit - established in 2008 - is a leading European personal finance company. The Group is specialized in consumer credits via its 100% subsidiaries using equity and loan capital. IuteCredit serves customers currently in Moldova, Albania, North Macedonia, Kosovo and Bosnia and Herzegovina.
As of 30/09/2019, the IuteCredit team had grown to 341 employees, including the Management and IT team. The entire IuteCredit team processed almost 470,000 loan applications in 9M/2019. IuteCredit manages more than 500,000 customers with over 80 million EUR of gross loan principal in its database.
IuteCredit's loan products are unsecured consumer loans with maturities between 1 month and 36 months and car-secured loans with maturities up to 60 months.
The mission of IuteCredit is to create the extraordinary experience in personal finance by exceeding customers' expectations.
29.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: IuteCredit Finance S.à.r.l. 14, rue Edward Steichen 2540 Luxembourg
Luxemburg ISIN: XS2033386603 EQS News ID: 924469 End of News DGAP News Service