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Consumer Lending

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Ferratum Launches Strategic Partnership With Thomas Cook Money

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - FERRATUM OYJ ::DGAP-NEWS: FERRATUM OYJ: FERRATUM GROUP LAUNCHES STRATEGIC PARTNERSHIP WITH THOMAS COOK MONEY.

Mitsui Chemicals unit offers takeover bid for shares of ARRK

Wednesday, 29 Nov 2017

Nov 29(Reuters) - Mitsui Chemicals Inc <4183.T>:Says its wholly owned unit (acquirer) offered a takeover bid for 301.3 million shares (or no less than 230.2 million shares) of ARRK Corp <<<7873.T>>>.Takeover bid total amount at 40.34 billion yen .Offering period from Nov. 30 to Jan. 17, 2018 and settlement starts on Jan. 24, 2018.Says Orix Corp <<<8591.T>>> will sell indirect 63.5 percent stake in ARRK to acquirer for 23.02 billion yen, through the takeover bid and will indirectly hold 11.1 percent stake in ARRK down from 74.7 percent after the takeover bid .

Zuoli Kechuang Micro-Finance updates on proposed corporate reorganisation

Tuesday, 14 Nov 2017

Nov 14 (Reuters) - Zuoli Kechuang Micro-finance Co Ltd <6866.HK>::Co and Jinhui Micro-Finance entered into assets restructuring agreement and capital injection agreement​.

Orix transfers mortgage bank business to ORIX Credit

Wednesday, 1 Nov 2017

Nov 1 (Reuters) - Orix Corp <8591.T>:Says it transfers mortgage bank business to unit ORIX Credit on Nov. 1.Previous news was disclosed on July 24.

Lender IPF says evaluting changes to Polish business

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - International Personal Finance Plc ::‍NO LEGISLATIVE DEVELOPMENT ON POLISH TOTAL COST OF CREDIT PROPOSALS.INTERNATIONAL PERSONAL FINANCE PLC - ‍GROUP Q3 CREDIT ISSUED GROWTH OF 5%​.INTERNATIONAL PERSONAL FINANCE PLC - ‍Q3 GROUP ANNUALISED IMPAIRMENT AS A PERCENTAGE OF REVENUE IN TARGET RANGE AT 26.2%​.INTERNATIONAL PERSONAL FINANCE PLC - ‍£163M OF HEADROOM ON DEBT FACILITIES AT 30 SEPTEMBER 2017​.IPF- ‍IN NORTHERN EUROPE, CREDIT ISSUED CONTRACTED BY 2% DRIVEN BY CONTINUED SHRINKAGE IN CZECH REPUBLIC WHERE COMPETITION REMAINS INTENSE​.INTERNATIONAL PERSONAL FINANCE PLC - ‍Q3 CREDIT ISSUED IN HOME CREDIT WAS FLAT COMPARED TO Q3 2016​.IPF- ‍SEPTEMBER'S PERFORMANCE IN MEXICO WAS ADVERSELY IMPACTED BY EARTHQUAKES WHICH CAUSED WIDESPREAD DISRUPTION FOR MANY OF OUR FIELD-BASED OPERATIONS​.IPF- ‍RECENT REGULATORY CHANGES MEAN THAT OUR BUSINESS IN ROMANIA WILL, IN FUTURE, BE REGULATED DIRECTLY BY NATIONAL BANK​.IPF- ‍PRICE CAP IN ROMANIA IS LIKELY TO LEAD TO A FURTHER TIGHTENING OF CREDIT CRITERIA AND A SIGNIFICANT REDUCTION IN VOLUME OF LOANS PROVIDED.‍GROWTH GUIDANCE FOR YEAR REMAINS UNCHANGED FOR EUROPEAN HOME CREDIT AND IPF DIGITAL​.IPF- ‍IN MEXICO, WE EXPECT TO SEE SLIGHTLY SLOWER RATES OF CREDIT ISSUED GROWTH AS A RESULT OF DISRUPTION CAUSED BY EARTHQUAKES​.IPF- ‍FOR GROUP AS A WHOLE, OUR IMPAIRMENT EXPECTATIONS FOR 2017 REMAIN UNCHANGED NOTWITHSTANDING NEGATIVE IMPACT OF EARTHQUAKES IN MEXICO​.

Hypoport sees Q3 ‍EBIT at more than EUR 5 mln

Friday, 20 Oct 2017

Oct 20 (Reuters) - HYPOPORT AG ::DGAP-ADHOC: HYPOPORT AG: DUE TO WEAK DEVELOPMENTS IN THE INSTITUTIONAL CLIENTS BUSINESS UNIT, HYPOPORT AG EXPECTS EBIT FOR THE GROUP TO BE LOWER IN THE THIRD QUARTER OF 2017 THAN IN THE SAME QUARTER IN 2016.‍REVENUE IS PREDICTED TO BE MORE THAN EUR48 MILLION FOR Q3 OF 2017 (Q3 2016: EUR39.8 MILLION)​.SEES Q3 ‍EBIT TO BE MORE THAN EUR5 MILLION (Q3 2016: EUR5.9 MILLION)​.

American Express reports preliminary card member loans stats for September

Monday, 16 Oct 2017

Oct 16 (Reuters) - American Express Co ::Preliminary U.S. small business card member loans 30 days past due loans as a % of total 1.1 percent at September end vs 1.1 percent at August end ‍​.Preliminary USCS card member loans net write-off rate – principal only 1.6 percent at September end vs 1.8 percent at August end.Preliminary USCS card member loans 30 days past due loans as a % of total 1.3 percent at September end vs 1.2 percent at August end.Preliminary U.S. small business card member loans net write-off rate - principal only 1.4 percent at September end vs 1.6 percent at August end.

American Express reports credit card stats for August‍​

Friday, 15 Sep 2017

Sept 15 (Reuters) - American Express Co ::USCS Card member loans net write-off rate – principal only 1.8 percent at August end versus 1.8 percent at July end ‍​.USCS card member loans 30 days past due loans as a % of total 1.2 percent at August end versus 1.2 percent at July end.U.S. small business card member loans 30 days past due loans as % of total 1.1 percent at Aug.-end versus 1.1 percent at July-end.U.S. small business card member loans net write-off rate – principal only 1.6 percent at August end versus 1.9 percent at July end - SEC filing‍​.

American Express reports credit card statistics for July

Tuesday, 15 Aug 2017

Aug 15 (Reuters) - American Express Co : :American Express Co - USCS card member loans 30 days past due loans as a % of total 1.2 percent at July end versus 1.1 percent at June end.American Express Co - U.S. Small business card member loans 30 days past due loans as a % of total 1.1 percent at July end versus 1.1 percent at June end‍​.American Express Co - U.S. Small business card member loans net write-off rate – principal only 1.9 percent at July end versus 1.6 percent at June end.American Express Co - USCS card member loans net write-off rate – principal only 1.8 percent at July end versus 1.7 percent at June end‍​.

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