SIA ExpressCredit shareholder decision on dividends


Riga, 2014-11-05 15:17 CET (GLOBE NEWSWIRE) -- SIA ExpressCredit shareholders meeting on 05/11/2014 approved decision to distribute previous period profits as dividends in the amount of 1 100 thousand EUR. The payout of dividends will be made till 14/12/2014 taking into account bond issue prospectus ISIN LV0000801322 and LV0000801280. 

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SIA ExpressCredit is a licensed non-bank lending institution, which was founded in the 2009. SIA ExpressCredit operates 95 branches under the brand name Lombards24.lv in 38 largest Latvian cities and towns, offering loans against pledge of movable property (Lombard credits), loans without collateral, loan against vehicle collateral and mortgage loans. The Company has provided services to more than 200 thousand customers. The owners of SIA ExpressCredit are SIA Express Holdings (51%), SIA Ebility (24,5%) and SIA AE Consulting (24,5%).

         Contacts:
         Kristaps Bergmanis
         Tālrunis: +371 29144168
         Fax: +371 67809194
         E-mail: Kristaps.Bergmanis@expresscredit.lv