In 2024, Access Finance successfully maintained its already established market positions, despite the increasing competition in the segment.
The Company’s core business revenues grew by 19% annually, driven by increased average loan disbursements and higher realized yield per product unit. The gross loan portfolio grew by 22%.
In 2024, Access Finance reduced its operating expenses by improving efficiency. The scoring procedures for risk management were also improved.
The company maintains sufficient liquid assets (including cash and current accounts) at all times to meet loan demand and cover current payments.
Net profit for 2024 is equal to €8.07M, which is an increase of nearly 60% compared to 2023.
See Access Finance’s audited report HERE.