ExpressCredit unaudited consolidated interim financial statements for 12 month of the year 2016



The Group’s operations during the period has been successful. In 2016 the new amendments to legislation came into force, which led to significantly lower interest rates on consumer loans. Consequently, in line with expectations, total revenues in the period fell by 13.2% against 2015 and reached 15 081 843 euro. (more…)

Capitalia unaudited interim consolidated financial statements for year 2016



In 2016 AS Capitalia group increased the total turnover to EUR 946 415, which is 65% higher than for the corresponding period of the previous year. Company reported small consolidated losses while the total assets grew to EUR 3 603 370. (more…)

ExpressCredit decreases bond nominal value for EUR 250 000



According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 27/02/2017 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 350. (more…)

Capitalia has concluded EUR 3 million bond issue



Capitalia has made additional issue of bonds and thus concluded emission of NASDAQ Baltic stock exchange listed bonds with the total value of EUR 3 million. As of now Capitalia has active bond issues for the amount of EUR 3.5 million. Newly attracted financing will allow Capitalia to increase financing to small and medium sized businesses in the Baltic States, as well as to develop new products. (more…)

ExpressCredit has made contribution to share capital of subsidiary



On 19th January, 2017  SIA ExpressCredit has made a contribution in  Bulgarian 100% subsidiary’s share capital in the amount of EUR 500 000. The subsidiary has been established to obtain authorization for lombard and consumer lending activities. The Company has not yet decided on a specific start-up time and volume. (more…)

Interview with One of the Fastest Growing European Fintech Companies – Creamfinance



ExpressCredit increases by 10% performance indicators in 4th quarter and provides presentation for bond investors



ExpressCredit and its daughter company SIA MoneyMetro (operates under the brands “Banknote”, “Rīgas pilsētas lombards” and “MoneyMetro”) in 4th quarter of 2016 has outperformed the 3rd quarter all times greatest perfomance indicators. Amount of the credits provided by the company has reached EUR 9.24 million in the 4rd quarter representing 11% over the indicator of the 3rd quarter of 2016, reaching previously forecasted EUR 33 million yearly issuance targets. (more…)

ExpressCredit increases share capital to 1,5 m EUR



On 29 December, 2016 ExpressCredit shareholders meeting approved decision to increase share capital from 426 861 EUR to 1 500 000 m EUR. Share capital was increased transferring previous year’s undistributed profits and making payment for shares in the amount of 200 000 EUR, keeping the same share proportion among current shareholders. (more…)

An interview with CEO of Aforti Holding Klaudiusz Sytek




Financial calendar of Capitalia, 2017



Unaudited financial report for the year 2016 – until 28.02.2017;

Audited financial report for the year 2016 – until 30.04.2017;

Financial results for the first quarter of 2017 – until 01.05.2017;

Financial results for the second quarter of 2017 – until 31.07.2017;

Financial results for the third quarter of 2017 – until 31.10.2017. (more…)



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