Thursday, May 2, 2024
HomePeer to Peer LendingIDF Eurasia’s Solva entity publishes 2021 monetary outcomes

IDF Eurasia’s Solva entity publishes 2021 monetary outcomes


“In 2021 now we have seen an amazing outcome, attaining vital development in our mortgage portfolio with elevated deal with SME section, the place Solva grew its mortgage e-book practically three-folds. We intention to proceed serving SMEs, the place we see a rising market and excessive degree of social affect generated by Solva.

The mortgage high quality stays excessive, evidenced by a lower in NPL ranges throughout the lending e-book, demonstrating Solva’s robust risk-management practices. We additionally preserve creating our credit score intelligence platform and digital edge, which helps to investigate and estimate credit score danger, and positions Solva because the main fintech lender within the area.

Solva additionally demonstrated the flexibility to lift funding to gasoline portfolio development through diversified channels, tapping into each retail and institutional investor base. The Firm solidified its place as a daily and trusted bond issuer on native exchanges with 2 new points in 2021, the place now we have seen the next portion of institutional demand on account of assigned S&P International Scores company worldwide credit standing on the extent of B/secure.

Solva’s excellent efficiency can be a testomony to robust administration and operational staff, which drives innovation and growth throughout the Firm, and retains implementing finest international fintech practices and moral method in Kazakhstan’s market, in order that Solva stays the flagship digital lender within the area.”

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