Sale of home credit business in Bulgaria

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 [phone] / [phone]
	Gergely Mikola - Media [phone]

Legal Entity Identifier: 213800II1O44IRKUZB59

 

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