25 April 2022. 4finance Holding S.A. (the “Group”), one of Europe’s largest online and mobile consumer lending group, notes the change in its credit rating issued by Standard & Poor’s (S&P) earlier today. S&P lowered its long term issuer credit rating from “B” to “B-” following the sale of the Group’s Polish business to local management.
S&P said: “The stable outlook reflects our expectation that 4finance will benefit from economic recovery in its relevant markets through better business prospects, while downside risks from economic uncertainty and regulation will persist over the coming 12 months.”
