International Personal Finance Plc mulls entering Bulgaria.

By bne IntelliNews March 7, 2011
UK credit company International Personal Finance Plc is considering starting operations in Bulgaria and Ukraine this year, Bloomberg informed. CEO John Harnett has said in an interview for Bloomberg that the two countries are seen as top priority and explained that the company is searching for markets that are moving into the growth phase. The net income of International Personal Finance surged 80% to GBP 59.2mn last year as revenues increased by 11% to GBP 608.7mn. International Personal Finance provides unsecured loans to low-income households in CEE countries and Mexico.

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