SIA ExpressCredit shareholder meeting decision on

Riga, 2017-10-03 15:38 CEST (GLOBE NEWSWIRE) -- SIA ExpressCredit shareholders meeting on 03/10/2017 decided to assign year 2016 profits and profit of previous periods totaling 1 070 thousand EUR to distribute as dividends. SIA ExpressCredit year 2016 profits reached 995 thousand EUR. The payout of dividends will be made till 30/11/2017 taking into account bond issue prospectus ISIN LV0000801322, LV0000801280 and LV0000802213.

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SIA ExpressCredit is a licenced non-banking consumer crediting company established in 2009. SIA ExpressCredit operates under the brands “Banknote”, "MoneyMetro" and “Rīgas pilsētas lombards” in 39 biggest Latvian cities and populated areas through 92 branches offering pawnshop loans, consumer loans and money transfers in cooperation with “Western Union”. More than 310 thousand natural persons have used the company’s services in Latvia. SIA ExpressCredit employs 275 professional employees. SIA ExpressCredit has paid 2.3 million euro in taxes in 2016.

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