LONDON (dpa-AFX) – UK-based financial services company International Personal Finance plc (IPF.L) said on Thursday that the good momentum of the first half continued in the third quarter, with the Group continuing to perform ahead of expectations. interior plans.
Strong demand has caused customer loans, excluding Poland, to increase by 11 percent since the beginning of the year.
Poland’s loans slowed on an annual basis as the business evolved into a credit card-focused business. The company said it has issued more than 100,000 cards.
There was a 1 percent decrease in the group’s overall customer loans on an annual basis.
Closing net receivables increased by £24 million year-on-year (4 per cent at CER) to £875 million at the end of the third quarter. This, along with strengthened revenue yield, led to a strong 15 percent increase in revenue, the company said.
The number of customers decreased by 2 percent to 1.7 million.
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