BRIEF-International Personal Finance Posts Q1 Credit Issued Growth Of 3 Pct

  • Reuters
  • Stock Market News
BRIEF-International Personal Finance Posts Q1 Credit Issued Growth Of 3 Pct

May 4 (Reuters) - International Personal Finance PLC IPF.L :

* QTRLY CREDIT ISSUED GROWTH OF 3%

* QTRLY EUROPEAN HOME CREDIT CONTRACTED BY 4%

* QTRLY MEXICO HOME CREDIT GROWTH OF 5%

* QTRLY IPF DIGITAL GROWTH OF 24%

* IPF DIGITAL Q1 CREDIT ISSUED GROWTH OF 24%

* MEXICO HOME CREDIT RATE OF GROWTH TO ACCELERATE THROUGH 2018

* HAS BEEN NO UPDATE FROM POLISH MINISTRY OF JUSTICE ON ITS PROPOSAL TO REDUCE EXISTING NON-INTEREST PRICING CAP IN POLAND

* BELIEVE IT HIGHLY LIKELY THAT AN APR CAP IN ROMANIA WILL BE ENACTED PRIOR TO OUR NEXT SCHEDULED TRADING UPDATE

* IF APR CAP IS ENACTED AS CURRENTLY PROPOSED, IT WOULD HAVE A MATERIAL ADVERSE EFFECT ON OUR ROMANIAN BUSINESS

* "IF AN APR CAP IS INTRODUCED IN ROMANIA PRIOR TO NEXT TRADING UPDATE, WE WILL COMPLETE OUR ASSESSMENT OF ITS LIKELY FINANCIAL IMPACT BASED ON FINAL FORM OF CAP"

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