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HomePeer to Peer LendingDelfinGroup reviews income development by 52% in Q2 2023

DelfinGroup reviews income development by 52% in Q2 2023


Within the first half of this yr, retail in pre-owned and new items reached €6.8M, a 39% improve in comparison with the identical interval final yr. Moreover, mortgage issuance reached €45.7M within the first half of this yr, a 29% improve in comparison with the identical interval of the earlier yr.

Loans price €22M have been issued this quarter, marking a 7% improve in comparison with the identical interval final yr. Consequently, growing mortgage issuance through the first half of the yr resulted in a record-high web mortgage portfolio quantity of €78M, surpassing the strategic purpose to achieve €77M web mortgage portfolio bythe finish of 2023.

Based mostly on the buyer mortgage portfolio, DelfinGroup clients repay 94.7% of their loans inside 30 days, and 97.8% of loans are repaid inside 90 days.

DelfinGroup issued two new bonds: a subordinated bond of €5M and an unsecured bond of €15M. After completion of a personal placement bond concern on 3 July, the corporate listed a €10M bond concern on the NASDAQ Riga various market: NASDAQ First North.

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