At VIAINVEST, we’re dedicated to keeping our investors well-informed by sharing insights from our loan originators. This Q2 2025 overview presents the performance of loan originators, featuring the latest numbers.
Latvia
From a sales perspective, Q2 has been outstanding for VIA SMS LV, our loan originator from Latvia. Notably, two consecutive all-time record-breaking sales months have been achieved, with EUR 6.3 million issued in April and EUR 6.5 million in May, resulting in our best sales quarter to date. A total of EUR 18,689,129 was issued, marking a 29.61% increase compared to Q1 2025, all while maintaining stable portfolio quality.
On the project side, the primary focus remains on the continued development of the new Customer Relationship Management system.
| Metric | Q1 2025 | Q2 2025 |
| Net portfolio | 37 459 913 EUR | 43 018 484 EUR |
| NPL 90+ days | 60 059 EUR | 62 129 EUR |
| Loan volume | 13 154 485 EUR | 18 689 129 EUR |
Sweden
For VIACONTO in Q2 2025, the net portfolio increased by 2.61% to EUR 14.28 million, demonstrating steady growth performance. However, loan volume declined slightly during the usually slower summer season, amounting to EUR 6.01 million. The increase in NPL 90+ days was partly driven by a strategic decision to retain more loans internally instead of selling them on the secondary market, as loan sales currently generate lower value. This is a standard market practice aimed at protecting long-term portfolio profitability. The overall portfolio increased, and efforts are being reinforced to strengthen credit risk controls and improve collection efficiency.
| Metric | Q1 2025 | Q2 2025 |
| Net portfolio | 13 920 811 EUR | 14 283 829 EUR |
| NPL 90+ days | 447 368 EUR | 851 651 EUR |
| Loan volume | 6 497 263 EUR | 6 012 909 EUR |
Czech Republic
In Q2 2025, the Czech loan originator experienced strong growth with a 43.43% increase in loan volume to EUR 1.22 million. The net portfolio grew by 3.24%, and the NPL 90+ days decreased by 9.98%, indicating an improvement in portfolio quality. The focus remains on stabilising and expanding the portfolio.
Regarding the project, the second quarter has been dedicated to preparing for the implementation of a new Customer Relationship Management system and a product launch.
| Metric | Q1 2025 | Q2 2025 |
| Net portfolio | 2 250 882 EUR | 2 323 917 EUR |
| NPL 90+ days | 816 019 EUR | 734 516 EUR |
| Loan volume | 853 146 EUR | 1 223 667 EUR |
Romania
In Romania, loan originators’ performance for Q2 2025 reflected an 18% decrease in the net portfolio, totalling EUR 791,779 thousand, showing a slight decline in new loan issuance that is an expected seasonal trend. However, the NPL 90+ days portfolio declined by 7,23%, which is a positive achievement. Ongoing efforts continue to focus on strengthening the credit risk strategy and enhancing the issuance of new loans.
| Metric | Q1 2025 | Q2 2025 |
| Net portfolio | 975 986 EUR | 791 779 EUR |
| NPL 90+ days | 475 839 EUR | 441 459 EUR |
| Loan volume | 615 168 EUR | 434 352 EUR |
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.
