Locked content Nearly half of Poles will go on holidays this summer – report

As many as 42 percent of Poles are planning holiday trips this summer, according to the latest Provident research. The rest will usually last no longer than two weeks, and we plan to spend an average of PLN 2,700 on its financing. Foreign destinations are more popular among singles, while families m...

Locked content IPF issued bonds worth PLN 200 mln

Financial company IPF Investments Polska, a subsidiary of International Personal Finance (IPF) has issued bonds worth PLN 200 million maturing in five years, the company announced.  The bonds have a floating interest rate that will be determined based on the WIBOR 6M interest rate plus a fixed margi...

First communion market worth PLN 800 mln

Organization of first communion ceremonies will cost Polish families PLN 400 million and an additional PLN 450 million will be spent by event participants, according to loan company Provident Polska.

Locked content British lender leaves Poland

Vanquis Bank, credit cards provider and part of the British Provident announced its withdrawal from the Polish market. The lender has been operating here since 2012. Credit cards offered by Vanquis appeared not to fit the Polish market, where this kind of legal tender is not popular, the company sai...

Locked content Provident sees gross profit increase 23% y/y, plans further expansion

Consumer finance firm Provident Polska recorded PLN 148.2 million in gross profit in H1 2014, 23 percent more than in the corresponding period of last year, the company said in a statement. The lender also said it is entering the Spanish market, where it is planning to start trading in early 2015. “...

Locked content Provident eyes online loans – paper

Consumer finance group IPF, the owner of the Provident brand, is mulling on the introduction of loans available online, Puls Biznesu wrote. The company has created a team to analyze this option for different types of offered consumer loans, the daily claims. The idea is said to have come from the gr...