Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
International Personal Finance said credit issued grew 1% in the third quarter, driven by the performance in its European home credit business.
European home credit grew 6%, driven by continued 'strong operational performance,' while mexico home credit fell by 12% due to continued prioritisation of credit quality over growth and IPF digital delivered growth of 3%, the company said.
During the quarter, impairment was in the middle of the target range at 27.8% of revenue, the company added.
'We are on track to deliver full-year profit before tax in line with consensus expectations,' the company said.
At 9:33am: (LON:IPF) International Personal Finance PLC share price was -1.7p at 126.9p