REG - Intnl Personal Fin - Regulatory Approval

International Personal FinanceAnnouncement

11/11/2024 07:00

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RNS Number : 6052L  International Personal Finance Plc  11 November 2024

11 November 2024

International Personal Finance plc

Granting of full payment institution licence in Poland

 

International Personal Finance plc is very pleased to announce that its Polish
home credit operation, Provident Polska, has been granted a full payment
institution licence from the Polish financial supervision authority, the
Komisja Nadzoru Finansowego (KNF). This is a significant step forward as the
new licence will enable the Group to issue a greater volume of credit cards
with immediate effect and therefore accelerate customer lending growth in
Poland.

Commenting on the new licence, CEO Gerard Ryan said: "The customer response to
our new credit card offering has been fantastic. With this new licence, we
will be able to expand access to even more customers, allowing them to shop
online, in retail stores or access cash through their customer representative
or an ATM. Based on the success we have seen so far, we believe there's strong
potential to introduce this credit card product to our other markets in the
future."

 

For further information, please contact:

International Personal Finance plc

 Rachel Moran (Investor Relations)                 +44 (0)7760 167637
 Marsha Watson (Interim Deputy Company Secretary)  +44 (0)7707 857286

 

A copy of this statement can be found on our website - www.ipfin.co.uk

Legal Entity Identifier: 213800II1O44IRKUZB59

 

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