At VIAINVEST, we are committed to keeping our investors informed by sharing the latest available performance updates from our largest loan originators. In this review, we summarize the key moments from Q4 2024, covering portfolio growth, strategic initiatives, and business developments.
Latvia
The Latvian market continued its upward trajectory in Q4 2024, with rapid portfolio expansion. Notably, despite this growth, the share of loans overdue by more than 90 days (DPD 90+) remained stable, indicating sound risk management. A significant milestone was achieved in December when a targeted campaign for clients resulted in record-breaking sales volumes. Additionally, the company has commenced the development of a new Customer Relationship Management (CRM) system. This advanced system will streamline loan processing, enhance customer service, and improve debt collection efficiency, setting the stage for further portfolio optimization.
| Q3 2024 | Q4 2024 | Difference % | |
| Net portfolio | 33 841 884 EUR | 36 486 906 EUR | 7.82% |
| Loan volume | 12 860 455 EUR | 14 248 873 EUR | 10.8% |
Sweden
Q4 2024 was a period of significant success for the Swedish operations, marked by portfolio growth. However, the quarter also saw an increase in defaulted loans. Addressing this will be a priority in Q1 2025, with a focus on improving risk assessment and repayment strategies. The team is actively working on initiatives to strengthen loan performance while maintaining a strong lending pipeline.
| Q3 2024 | Q4 2024 | Difference % | |
| Net portfolio | 11 292 459 EUR | 12 860 836 EUR | 13.89% |
| Loan volume | 7 303 933 EUR | 7 622 213 EUR | 4.36% |
Czech Republic
In the Czech Republic, Q4 2024 was dedicated to technological advancements. The primary focus was on IT system development, ensuring a robust and efficient platform for loan management while maintaining a steady portfolio level. Looking ahead, Q1 2025 promises to be an exciting period with the planned launch of a new financial product, which is expected to expand and enhance the offering for customers.
| Q3 2024 | Q4 2024 | Difference % | |
| Net portfolio | 2 369 367 EUR | 2 377 531 EUR | 0.34% |
| Loan volume | 1 185 860 EUR | 1 304 003 EUR | 9.96% |
Disclaimer
1) This is marketing communication, not investment advice or investment research. Investments involve certain risks and costs. Legal information about SIA “Viainvest” and its services is available here:https://viainvest.com/en/company/legal/. 2) This is a periodic fact sheet provided for informational purposes. Data sourced from our own internal records. Past performance is not a reliable indicator of future results.