Press Releases

Riga, 2015-11-25 08:21 CET (GLOBE NEWSWIRE) -- According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/11/2015 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 600. Read more

As of today SIA ExpressCredit by continuing the company’s growth introduces a common brand - Banknote. Along with re-branding Banknote extends the range of financial services offered, thus creating a new non-banking financial service providers category. Read more

This November Lombards24.lv will undergo a re-branding. In future, the company will be known as Banknote. Along with the re-branding, the company is expanding the range of financial services offered as well as the accessibility of its services, thus creating an unmatched non-banking financial service provider in the Latvian market. In the Banknote branches throughout Latvia, clients will be able to not only get a pawn loan but also get cash loans without collateral, to make international cash transfers in collaboration with the Western Union as well to pay a variety of daily bills. The company, in the coming year, plans to invest over 1.3 million euros in the new Banknote brand development. Read more

As of today, the 31 August, SIA ExpressCredit that operates under the brand Lombards24.lv, expands the range of services and offers to its customers the world's leading money transfer company Western Union services. The Western Union is an international company that has more than 150 years of experience in the global financial markets and the latest advances in technology, providing customers with fast, convenient and reliable money transfers to more than 500 000 points in more than 200 countries worldwide. As of today, Western Union money transfers can be made in all 95 Lombards24.lv Latvian branches in 40 major cities. Read more

The Group’s operations during the reporting period have been successful. Total revenues for the fiscal period increased by 22% compared to the period from 1 January to 30 June 2014 and totalled 8 932 793 euro. Read more

According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/08/2015 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 650. Read more

SIA ExpressCredit shareholders meeting on 30/07/2015 approved results for the year 2014 and decided to distribute profits for the year 2014 as dividends in the amount of 1 309 thousand EUR. The payout of dividends will be made till 30/11/2015 taking into account bond issue prospectus ISIN LV0000801322 and LV0000801280. Read more

Information about publishing SIA ExpressCredit financial reports for 2015, in accordance with AS NASDAQ OMX Riga rules On Listing and Trading of Financial Instruments in the Markets Regulated by the Exchange, are summarized below. Read more

According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/05/2015 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 700. Read more

SIA ExpressCredit Group's turnover reached EUR 16,6 m and Group worked with net consolidated profit of EUR 1,4 m for the year 2014. Read more

Correction: Management responsibility statement amended to the attached report. Read more

According to SIA ExpressCredit bond issue prospectus ISIN LV0000801280, as of 25/02/2015 nominal value of one security is going to be decreased by EUR 50. Total nominal value of bonds issue will be decreased for EUR 250 000. After settlement nominal value of one security (ISIN LV0000801280) will be EUR 750. Read more

SIA ExpressCredit, operating under the trade name Lombards24.lv, according to the results of the Riga City tender of February 11, today (12/02/2015) is going to sign an agreement on the purchase of the SIA Riga City Pawnshop. Total amount of the transaction is 880 000 euro. According to the tender regulation, SIA ExpressCredit will make the payment within one month of the date when the purchase agreement is signed.  Read more