Riga, 2018-10-10 15:35 CEST (GLOBE NEWSWIRE) -- On 3rd October, 2018, SIA ExpressCredit registered in the Register of Enterprises of the Republic of Latvia a subsidiary SIA REFIN with 100% ownership. SIA REFIN share capital is 3000 euros, and the goal of the company is to develop a concept for financing new real estate projects in Latvia. It is planned to start commercial activity at the end of this year. SIA REFIN website - www.refin.lv

__________________________________________________________________

SIA ExpressCredit is a licensed consumer lending company founded in 2009. The Group is represented by the brands "Banknote", "VIZIA" and "Riga City Pawnshop". The Group's core services are consumer loans, distance loans, pawn broking loans and money transfers in partnership with Western Union. In total, the Group operates in 39 Latvian cities and populated areas, a total of 86 branches, employs more than 250 professionals and has paid 2.4 million euros in taxes for the year 2017. SIA ExpressCredit is a member of LAFPA and LTRK.

         Kristaps Bergmanis
         Phone: +371 29144168
         Fax: +371 67809194
         E-mail address: kristaps.bergmanis@expresscredit.lv