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International Personal Finance

From Wikipedia, the free encyclopedia

International Personal Finance
Company typePublic
LSEIPF
IndustryFinance
Founded1997
HeadquartersLeeds, West Yorkshire, UK
Key people
Stuart Sinclair, Chairman
Gerard Ryan, Chief Executive Officer
Gary Thompson, Chief Financial Officer
RevenueIncrease £767.8 million (2023)[1]
Increase £83.9 million (2023)[1]
Decrease £48.0 million (2023)[1]
Number of employees
5,500 (2022)[1]
Websitewww.ipfin.co.uk

International Personal Finance is a British-based international financial services business providing home credit and digital consumer credit to 1.7 million customers in nine markets.[2] It is listed on the London Stock Exchange and is a constituent of the FTSE Small Cap Index. It took a secondary listing on the Warsaw Stock Exchange in March 2013 and later delisted in 2022.[3] It has a head office in Leeds, West Yorkshire.

History

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The company was first established as a division of Provident Financial in 1997. It was demerged from Provident Financial in 2007[4] and listed on the London Stock Exchange on 16 July 2007.[5] It went on to acquire Maritime Commercial Bank of Kaliningrad in 2008,[6] before closing its pilot Russian operation in 2009.[7] IPF acquired digital loans company MCB Finance in 2015.[8]

Operations

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The company has operations organised as follows:

  • Poland – home credit and digital
  • Hungary – home credit
  • Romania – home credit
  • Czech Republic – home credit and digital
  • Mexico – home credit and digital
  • Australia – digital
  • Latvia – digital
  • Lithuania – digital
  • Estonia – digital

References

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  1. ^ a b c d "Annual Results 2023". International Personal Finance. Retrieved 15 March 2024.
  2. ^ "Building a better world". International Personal Finance Corporate2022. Retrieved 24 June 2023.
  3. ^ "Approval of Warsaw Stock Exchange Delisting". tools.eurolandir.com. Retrieved 24 June 2023.
  4. ^ "Provident Financial details split". Reuters. 7 June 2007. Archived from the original on 7 February 2018. Retrieved 9 April 2016.
  5. ^ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 24 June 2023.
  6. ^ "International Personal Finance buys Russian bank for 2.75 mln stg cash". LSE. 31 December 2007. Retrieved 6 February 2018.
  7. ^ "Closure of Russian market pilot". tools.eurolandir.com. Retrieved 24 June 2023.
  8. ^ "Lender IPF says to buy MCB Finance Group". Reuters. 19 December 2014. Retrieved 6 February 2018.
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