IPF granted loans of over £301 million in Romania, Hungary and Bulgaria, up 17% compared with 2015, with the highest growth in Romania. The three branches had 629,000 active clients, more than half in Romania.
As of 2016, Provident became the largest British employer in Romania, with over 3,500 employees, after agents in Romania were made employees to comply with the new legislation.
On a group level, credit issued grew 8% on the year in 2016. IPF Digital division registered the highest growth, as credit issued increased by 41% and customer numbers increased 45% to 194,000.
IPF group has 2.5 million customers in 11 countries in Europe, as well as in Mexico and Australia.