2018

Launch of a new brand VIZIA

VIZIA is a modern financial services provider, specializing in easy and fast consumer loans for both small and large life situations. VIZIA is operating in a fully online environment.


Launch of Banknote online store

The online store provides an additional channel for the sale of goods, significantly increasing the range of potential customers.

veikals.banknote.lv

2017

Online lending launched.

Banknote launch new website


ISO certification

Management quality  certification under ISO 9001:2015 and ISO 50001:2015 standards


2016

Launch of a new brand.

New consumer loan brand



2015
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Rebrand

At the end of 2013 corporate bonds were issued in the amount of 8,5 million EUR, there were issued 5 million EUR secured bonds and 3,5 million EUR unsecured bonds.

Subsequently, bonds were listed on Nasdaq Riga stock exchange.

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Launch of a new product

Money transfers with the Western Union were introduced to broaden financial service offering and reaching new clients to provide cross-selling.

Acquisition of Riga City Pawnshop

Riga City Pawnshop was the oldest pawnshop in Latvia. Pawn shop operation was dated as of the year 1802. 

The acquisition of pawnshop supported ExpressCredit market leadership position and expanded client base that has been developed over centuries by Riga City Pawnshop.

2014

Financial growth

During the year 2014, the Company has reached significant financial results.

Total registered unique customers 245 000.

Total loans issued 24.9 million EUR.

Net loan portfolio 6.3 million EUR.

Net profit 1,4 million EUR.

2013

Secured bonds issued

At the end of 2013 corporate bonds were issued in the amount of 8,5 million EUR, there were issued 5 million EUR secured bonds and 3,5 million EUR unsecured bonds.

Subsequently, bonds were listed on Nasdaq Riga stock exchange.

2012

Consumer lending launched

By introducing consumer lending, average loan amount increased by 40%. 

In the year 2012, there were 40 000 loans issued amounting to 4.4 million EUR.

2011

Payday lending launched

Average monthly Payday loan issue growth rate reached 400% in the first year.

At the end of the year 2011, there were 9 000 loans issued amounting to 0.7 million EUR.

2010

50th pawn shop opened

On average branch reached its break-even point on the 6 months of operation.

Branches cover 15 cities of Latvia.

2009

First pawn shop opened

First branch was opened in centre of Riga, Dzirnavu street 119. This branch is operating till nowadays.