2018

News

About publishing SIA ExpressCredit financial reports

Information about publishing SIA ExpressCredit financial reports for 2019, in accordance with AS Nasdaq Riga rules On Listing and Trading of Financial Instruments in the Markets Regulated by the Exchange, is summarized below. Non-audited interim condensed consolidated reports will be published...

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SIA ExpressCredit shareholder meeting decision on extraordinary dividends

SIA ExpressCredit shareholders meeting on 21/12/2018 decided on extraordinary dividends in amount of 500 thousand EUR with respect to operational results for the 9 mounth of the year 2018. During 9 month of the year 2018 SIA ExpressCredit consolidated profit reached to 3 458 thousand EUR. The p...

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SIA ExpressCredit shareholder decision

On 29th November 2018, SIA ExpressCredit shareholders decided to appoint SIA BDO Assurance (Reg. No. 42403042353) as a company auditor for the 2018 financial year.

SIA ExpressCredit financial results for 9 months of 2018

SIA ExpressCredit group's turnover for the nine months of 2018 reached EUR 14.1 million. The Group`s unaudited profit for this period was EUR 3.46 million. The Group's turnover during 9 months of the year 2018 in comparison with the corresponding period of the previous year has increased by 5%,...

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SIA ExpressCredit informs on aproved changes in legislation

On October 4, 2018, the Parliament of the Republic of Latvia adopted amendments to the Consumer Rights Protection Law, which, among other things, stipulates limiting the total credit costs for the consumer by 0.07% per day. The law also stipulates additional conditions related to the solvency a...

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SIA ExpressCredit registers daughter company

On 3rd October 2018, SIA ExpressCredit registered in the Register of Enterprises of the Republic of Latvia a subsidiary SIA REFIN with 100% ownership. SIA REFIN share capital is 3000 euros, and the goal of the company is to develop a concept for financing new real estate projects in Latvia. It...

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ExpressCredit financial results for the first half year 2018

SIA ExpressCredit publishes unaudited condensed unaudited financial results for the 1st half year 2018. In the first half of 2018, the company's turnover amounted to EUR 9.2 million, an increase of 5.7% compared to the corresponding period in 2017, while the profit for the period was EUR 2.3 mi...

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SIA ExpressCredit sell shares in subsidiary

As of June 27, 2018, there are registered sale of shares of SIA ExpressCredit subsidiary Cash Advance Bulgaria EOOD. The share of SIA ExpressCredit in the subsidiary has decreased from 100% to 0%. Cash Advance Bulgaria EOOD shares were disposed of at a nominal share capital plus premium of 10%....

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SIA ExpressCredit shareholder meeting decision on profits for the year 2017

SIA ExpressCredit shareholders meeting on 22/06/2018 decided year 2017 profits in amount of 1 740 thousand EUR to distribute as dividends. SIA ExpressCredit year 2017 profits reached 2 736 thousand EUR. The payout of dividends will be made till 31/08/2018 taking into account bond issue prospect...

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SIA ExpressCredit decreases bond nominal value and makes early redemption of bonds

According to SIA ExpressCredit bond ISIN LV0000801280 issue prospectus, as of 25/05/2018 nominal value of one security is going to be decreased by EUR 50.  According to bond ISIN LV0000801280 issue prospectus point 5.10. SIA ExpressCredit informs, as of 25/05/2018 early redemption of bonds will...

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ExpressCredit 1st quarter 2018 financial results

SIA ExpressCredit publishes unaudited condensed unaudited financial results for the 1st quarter 2018. The Group's turnover in 1st quarter 2018 compared to particular period of the year 2017 has increased by 5.3%, reaching EUR 4.49 million, while profit amounted to EUR 1.09 million. Following th...

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SIA ExpressCredit audited financial results for the year 2017

Following the severe legislative changes in 2016, SIA ExpressCredit continued to adapt to the new market conditions in 2017. In 2017 both lombard service and consumer lending increased. The Group's turnover in 2017 compared to 2016 has increased by 17%, reaching EUR 18.02 million, while its pro...

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ExpressCredit financial results for the year 2017

ExpressCredit group's turnover for 12 months of the year 2017 reached EUR 18 million and the Group closed a year with consolidated unaudited profit of EUR 3 million. The Group's performance during the year 2017 was as planned. The total revenue compared to the corresponding period of the previo...

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SIA ExpressCredit decreases bond nominal value for EUR 250 000

According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 26/02/2018 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) wil...

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SIA ExpressCredit appoints new member of the Board

As of 11/01/2018, the Enterprise register of the Republic of Latvia has registered changes in the charter of SIA ExpressCredit with respect to changes in the composition of the Board. Newly elected Board member Ivars Lamberts will join the present acting management Board, consisting of Agris Ev...

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About publishing SIA ExpressCredit financial reports

Information about publishing SIA ExpressCredit financial reports for 2018, in accordance with AS Nasdaq Riga rules On Listing and Trading of Financial Instruments in the Markets Regulated by the Exchange, is summarized below. Non-audited interim condensed consolidated reports will be published...

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Investor presentation

Presentation for ExpressCredit investors. Covering industry, company structure, business processes as of the year 2017.

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Event calendar

2019 12-month report

Non-audited interim condensed consolidated report for 2019 12 months will be published – from 18.02.2020 till 25.02.2020.

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2019 9-month report

Non-audited interim condensed consolidated report for 2019 9 months will be published – from 30.10.2019 till 06.11.2019.

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2019 6-month report

Non-audited interim condensed consolidated report for 2019 6 months will be published – from 29.07.2019 till 05.08.2019.

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