Operational updates and monthly statistics: June 2024 edition

Operational updates and monthly statistics: June 2024 edition

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Complete repayment of the cession investments

We are pleased to announce the successful repayment of our cession investments, with all remaining investments in Latvian loans made under cession agreements fully repaid. Our entire consumer loan portfolio now consists exclusively of Asset-backed securities. Completing the transition is an important milestone for us, and it aligns with our commitment to providing reliable investment opportunities for our clients.

Annual reports published in English

Annual reports of SIA (Limited liability company) “Viainvest” and SIA “VIAINVEST Assets” for 2023 were published in English.

You can find the reports in our disclosure library.

Amendments to the Investor Protection Law from the 1st of July

VIAINVEST is a member of the investor protection scheme, an important part of the additional safeguards the regulated environment provides our investors. The amendments to the Investor Protection Law, effective July 1, 2024, introduce several key changes to enhance investor protection. These include a new definition for joint investments, a cap on compensation at 20,000 EUR per investor regardless of the number of securities or investment accounts of the investor, and detailed compensation eligibility and payment procedures. The Bank of Latvia will oversee compliance, manage the investor protection system, and process compensation claims. Additionally, sanctions and administrative measures for non-compliance are clarified, and public information about applied sanctions will be available on the Bank’s website. These updates ensure a more secure and transparent investment environment in line with EU directives.

Hosting a visit by an industry blogger

We were happy to have an industry blogger, Denny Neidhardt, visit our office as part of his tour of Baltic investment platforms. During the visit, we gave Denny useful insights about how our platform works to share with his followers.

A monthly summary of statistics:

Loans published – 9 442 284 EUR
Loans funded – 9 283 322 EUR
Interest paid to investors – 367 512 EUR
Interest rate up to – 13 %
Total client registrations – 40355


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.

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