Saturday, November 19, 2022
HomePeer to Peer LendingIDF Eurasia’s Solva entity publishes 2021 monetary outcomes

IDF Eurasia’s Solva entity publishes 2021 monetary outcomes

“In 2021 we now have seen an amazing end result, reaching vital progress in our mortgage portfolio with elevated concentrate on SME phase, the place Solva grew its mortgage e book almost three-folds. We goal to proceed serving SMEs, the place we see a rising market and excessive degree of social influence 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 threat, and positions Solva because the main fintech lender within the area.

Solva additionally demonstrated the power to lift funding to gas portfolio progress by way of 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 we now have seen a better portion of institutional demand as a result of assigned S&P World Scores company worldwide credit standing on the extent of B/secure.

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



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