Executive Summary

International Personal Finance plc is an international home credit business offering small sum, unsecured credit to 1.9 million customers. Established in 1997 as a division of Provident Financial and demerged in 2007, the Company now  operate in six countries (Slovakia, Poland, Mexico, Romania, Czech Republic and Hungary). It has 5,600 employees and 28,300 home credit representatives (including 4,000 agents in Hungary who are now fully employed). In 2007, it achieved a pre-tax profit of £50 million.

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