Stanimir Vasiliev: The Average Size of Our Credit Currently Stands at 760 Leva

547
Stanimir Vasiliev: The Average Size of Our Credit Currently Stands at 760 Leva

The average size of our credits currently stands at 760 leva, Stanimir Vasilev, Easy Credit's executive director said in an interview for Profit TV today. Easy Credit is a non-banking financial institution providing small and quick consumer loans.

The loan maturity ranges between 8 and 48 weeks, the cost is between 1.2 to 2.5% a week.

Vasilev also said: “The stock exchange listing is a long process and if the situation on the market is favorable we will file an IPO by the end of the year.”

“At the moment we are working on our expansion. We will start operation in Ukraine by June or July this year,” Vasilev adeed.

The company is growing by 300-400% each year and this pace is expected to stay stable in the next 2-3 years.

Revenues soared 342% last year to 7.065 mln leva (3.61 mln euros), while net profit is up 9 times y/y to 1.68 mln leva (approx. 858,970 euros).

Return on capital last year stood at 96%, compared with 28% in 2006.

Facebook Коментари

Добави коментар

Екипът на Profit.bg Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на Profit.bg