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  <title>RSS - International Personal Finance</title>
  <link>http://www.ipfin.co.uk/rss/news-releases.aspx</link>
  <language>en</language>
<webMaster>Investis</webMaster>
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<title><![CDATA[International Personal Finance plc Q1 Interim Management Statement]]></title>
<description><![CDATA[International Personal Finance Q1 Interim Management Statement is now available to download. 
Q1 Interim Management Statement 2013 ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/25-04-2013.aspx</link>
<pubDate>Thu, 25 Apr 2013 06:05:00 GMT</pubDate>
<publishDate>Thu, 25 Apr 2013 06:03:01 GMT</publishDate>
<guid>{E2A0D872-E4AC-4F4C-980D-749E92FBCA5A}</guid>
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<item>
<title><![CDATA[International Personal Finance plc - Final Terms Confirmation Announcement]]></title>
<description><![CDATA[Terms used herein shall have the meaning given to them in the Base Prospectus dated 7 December 2012 (the &quot;Prospectus&quot;), the Supplementary Prospectus dated 3 April 2013 (the &quot;Supplementary Prospectus&quot;) and the Final Terms (the &quot;Final Terms&quot;) dated 16 April 2013 relating to the Notes.
This announcement constitutes the Final Terms Confirmation Announcement referred to in the Final Terms and must be read in 
conjunction with the Prospectus, the Supplementary Prospectus and the Final Terms.
The Prospectus, the Supplementary Prospectus and Final Terms are available for viewing on IPF's website (http://www.ipfin.co.uk/retailbond) and on the website of the Regulatory News Service operated by the London Stock Exchange.
The Offer Period relating to the Notes expired at 10.30 am on 22 April 2013 and accordingly Notes can no longer be subscribed 
pursuant to the offer.
In accordance with Article 8(1) of Directive 2003/71/EC, as amended, the Issuer confirms the following in relation to the offer and issue of Notes

 
 Aggregate Nominal Amount:
 
 
 
 (a) Series:
 £70,000,000.00
 
 
 (b) Tranche:
 £70,000,000.00
 
 
 Estimated Net Proceeds
 £69,300,000.00 (being the Aggregate Nominal 
   Amount of the Notes at the Issue Price of 100% 
   less the fees payable to the Lead Manager of 1.0% 
   (and shared in part with the Authorised Offerors as 
   described in the Final Terms))
 
 
 Estimated Total Expenses
 £700,000.00 (being the fees payable to the Lead 
   Manager described in estimated net proceeds 
   above)
 

-Ends-

For enquiries, please contact:


 
 International Personal Finance plc
 
 
 
 Dan Hartley (General Enquiries)
 +44 (0) 113 285 6700
 
 
 Rachel Moran (Investor Relations)
 
 
 
 Nick Jones (Media)
 
 
 
 RLM Finsbury
 
 
 
 Matthew Newton
 +44 (0) 207 251 3801
 
 
 Andrew Hughes
 
 
 
 Canaccord Genuity
 
 
 
 Adrian Bell
 +44 (0) 20 7523 8000
 
 
 Mark Glowrey
 
 
 
 Henrietta Podd
 
 

]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/22-04-2013a.aspx</link>
<pubDate>Mon, 22 Apr 2013 15:29:00 GMT</pubDate>
<publishDate>Tue, 23 Apr 2013 15:33:03 GMT</publishDate>
<guid>{A72A4280-EFC5-4ADF-A143-B1DE7B1C13B3}</guid>
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<title><![CDATA[International Personal Finance plc - Notice of early closure of retail bond offer period]]></title>
<description><![CDATA[International Personal Finance plc published final terms (the "Final Terms") dated 16 April 2013 relating to the issue by International Personal Finance plc of the Notes under the €1,000,000,000 Euro Medium Term Note Programme. Terms used herein shall have the meaning given to them in the Final Terms unless otherwise defined.
This announcement confirms that the Offer Period is now expected to close at 10:30 am (London time) on 22 April 2013 (the "Offer Period End Point"), such date and time being earlier than the originally scheduled end to the Offer Period which was 12 noon (London time) on 30 April 2013.
International Personal Finance plc will release its announcement constituting the Final Terms Confirmation Announcement as referred to in the Final Terms at a time and date shortly after the Offer Period End Point.
To view the Final Terms, the Prospectus dated 7 December 2012 and the Supplementary Prospectus dated 3 April 2013, please paste the following URL into the address bar of your browser.
http://www.rns-pdf.londonstockexchange.com/rns/4390C_1-2013-4-16.pdf
 http://www.rns-pdf.londonstockexchange.com/rns/0594T_-2012-12-7.pdf
 http://www.rns-pdf.londonstockexchange.com/rns/4824B_-2013-4-3.pdf
 
For enquiries, please contact:

International Personal Finance plc
Dan Hartley (General Enquiries)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+44 (0) 113 285 6763
Rachel Moran (Investor Relations)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+44 (0) 113 285 6798
Nick Jones (Media)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+44 (0) 113 285 6815


 
 International Personal Finance plc
 &nbsp;
 
 
 Dan Hartley (General Enquiries)
 +44 (0) 113 285 6763
 
 
 Rachel Moran (Investor Relations)
 +44 (0) 113 285 6798
 
 
 Nick Jones (Media)
 +44 (0) 113 285 6815
 

-->]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/22-04-2013.aspx</link>
<pubDate>Mon, 22 Apr 2013 15:29:00 GMT</pubDate>
<publishDate>Tue, 23 Apr 2013 15:35:04 GMT</publishDate>
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<title><![CDATA[International Personal Finance plc - Launch of 6.125% unsecured sterling retail bonds maturing 2020]]></title>
<description><![CDATA[&nbsp;
International Personal Finance plc (&ldquo;IPF&rdquo;), the holding company for a leading provider of home credit, has today launched an offer of 6.125% sterling bonds due 2020. The bonds are available to retail investors and are being issued by IPF for general corporate purposes.
IPF and its subsidiaries (the &ldquo;Group&rdquo;) provide small sum, short term unsecured loans in Poland, Hungary, the Czech Republic, Slovakia, Romania and Mexico. The Group currently has approximately 6,330 employees and 28,500 agents. The Group&rsquo;s head office is in Leeds in the United Kingdom. In 2012 the Group served 2.4 million customers and profit before tax and exceptional items was &pound;95.1M.
The bonds bear interest at a fixed rate of 6.125% per annum, payable semi-annually in arrear in equal instalments. Bondholders should, in most normal circumstances, be able to sell their bonds during normal trading hours (subject to market conditions) on the open market through their stockbroker.
Canaccord Genuity Limited is acting as Manager on this issue.
The bonds have a minimum initial subscription amount of &pound;2,000 and are available in multiples of &pound;100 thereafter. 
The offer period is now open and is expected to close at 12 noon (London time) on 30 April 2013. The Manager retains the right to close the offer early, in conjunction with IPF.
The bonds are expected to be listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds. 
Commenting on the launch, Gerard Ryan, Chief Executive Officer of IPF said:
&ldquo;This retail bond is part of IPF&rsquo;s strategy of diversifying sources of funding and extending the term of debt facilities, at lower cost to provide further funding for the future development of the business as we continue to progress our Strategy for Growth.&rdquo;
&nbsp;
For enquiries, please contact: 
&nbsp;
International Personal Finance plc
Nick Dahlgreen (General Enquiries)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6700
Rachel Moran (Investor Relations)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Nick Jones (Media)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp;

RLM Finsbury&nbsp; 
Matthew Newton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 207 251 3801
Andrew Hughes
&nbsp;

Canaccord Genuity&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Adrian Bell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 20 7523 8000
Mark Glowrey
Henrietta Podd
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/16-04-2013.aspx</link>
<pubDate>Tue, 16 Apr 2013 09:15:00 GMT</pubDate>
<publishDate>Tue, 16 Apr 2013 08:26:24 GMT</publishDate>
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<title><![CDATA[Provident Hungary awarded 2013 Gallup Great Workplace Award]]></title>
<description><![CDATA[Gallup has officially announced that Provident Hungary, part of International Personal Finance (IPF), a leading provider of consumer credit, will be a recipient of their 2013 Great Workplace Award. 
The Gallup Great Workplace Award is based on the most rigorous workplace research ever conducted. A panel of workplace experts evaluated the award-winning organisations and Provident Hungary has been accorded the accolade because its results demonstrate one of the most productive and engaged workforces in the world. 
The award is made award annually after comparing applicants&rsquo; results across a research database composed of millions of work teams in more than 100 countries. 
Gerard Ryan, said: &lsquo;The Gallup Great Workplace Award signifies the most engaged and productive companies in the world and I&rsquo;m delighted our Hungarian team has been recognised for its outstanding ability to create an engaged workplace culture, not only compared to other Hungarian businesses, but on a worldwide scale. 
&lsquo;This is great news for our employees and ultimately our customers, who will benefit from being served by a more engaged workforce. 
&lsquo;We know the positive effects of a people-focussed approach helps to drive significant business improvements, and this award is particularly important because it explicitly makes this link." 
The award was made following four years of concerted effort to drive better performance through a great workplace culture by Botond Szirm&aacute;k, Provident Hungary&rsquo;s leader, and his team. 
Botond said: &lsquo;I am delighted that Provident Hungary will receive this significant award. It&rsquo;s a great boost for our team and, as the first recipient of this award in Hungary, a great boost for our business&rsquo;s reputation. We&rsquo;re very proud to have come such a long way in the past four years and looking forward to continued success.in 2013.&rsquo; 
The award itself will be collected in a ceremony at Gallup&rsquo;s annual summit in Omaha, Nebraska, in early May.
&nbsp;
For further information contact: 
Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;+44 (0) 113 285 6815 
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/12-04-2013.aspx</link>
<pubDate>Fri, 12 Apr 2013 08:52:00 GMT</pubDate>
<publishDate>Fri, 12 Apr 2013 14:31:14 GMT</publishDate>
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<title><![CDATA[International Personal Finance ranked amongst best scoring financial services companies in the world by FTSE4Good]]></title>
<description><![CDATA[Recognised as a leader in the field of sustainability, International Personal Finance plc (&lsquo;IPF&rsquo;) is delighted to announce it has been included in the FTSE4Good index for the sixth consecutive year following an analysis of its sustainability activities.
The assessment measures the environmental, social and governance performance of around 2,300 publicly listed companies worldwide. IPF received an overall score of 99 out of 100 (up from 96 last year) in the FTSE4Good ESG Ratings to rank amongst the best scoring financial services companies in the world.
The score would have seen IPF placed joint third amongst the world-wide supersector leaders had it been listed on the All World FTSE Index and in the FTSE4Good index series.
The FTSE4Good ESG (Environmental, Social and Governance) Ratings are based on independent research, provide an objective measurement of how well a company manages its potential ESG risks and use clear, rules-based, and easy to apply methodologies.
Gerard Ryan, Chief Executive Officer said: &ldquo;Our excellent performance in the FTSE4Good index reflects our commitment to sustainable growth by operating in a responsible and ethical manner. As a large and growing international business, it is critical we are transparent with all our stakeholders, treat them with respect and promote responsible business practices in every country where we operate. 
&ldquo;This achievement is great news for the business and reflects our continued focus, efforts and success in delivering sustainable growth. This is also good news for our customers who can look forward to being served by a sustainable and responsible business not only today, but well into the future.&rdquo;
To find out more about sustainability at IPF visit www.ipfin.co.uk/sustainability
&nbsp;
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/10-04-2013.aspx</link>
<pubDate>Wed, 10 Apr 2013 11:23:00 GMT</pubDate>
<publishDate>Wed, 10 Apr 2013 12:32:56 GMT</publishDate>
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<title><![CDATA[Secondary listing of IPF shares on the Warsaw Stock Exchange]]></title>
<description><![CDATA[International Personal Finance (&lsquo;IPF&rsquo;) has been admitted to trade its ordinary shares on the Warsaw Stock Exchange (&lsquo;WSE&rsquo;).&nbsp; 
Trading will begin on the WSE at 09:00 (CET) today, Wednesday 27 March.&nbsp; BZWBK is the arranger and market maker in Poland and the shares will be listed in the WIG index under the name of Provident (ticker symbol &ndash; IPF: PW).&nbsp; This is a secondary listing of IPF shares which will enable Polish investors, particularly pension funds, to invest in the business more easily.&nbsp; No new capital is being raised as part of this listing.
Chief Executive Officer of IPF, Gerard Ryan said: &ldquo;I&rsquo;m delighted that we have achieved this secondary listing.&nbsp; We believe it will help attract new shareholders to invest in the Group which is delivering growth in all our markets in Europe and Mexico. &nbsp;It also reflects our confidence in our Polish home credit business which, with 821,000 customers, is a major Polish institution and IPF&rsquo;s largest market.&rdquo;
David Parkinson, Country Manager of Provident Polska, added: &ldquo;I would like to thank all our employees and agents for their significant contribution to the success of the business and today&rsquo;s admission to the WSE is clear recognition of the progress we have made.&rdquo;
Shares in IPF will continue to be listed on the London Stock Exchange. Existing shareholders of London listed shares will be unaffected by this and need take no action.
&nbsp;
For further information contact:
International Personal Finance plc 
Rachel Moran &ndash; Investor Relations
+44 (0)113 285 6798 / +44 (0)7760 167637

Nick Jones &ndash; Head of Communications
+44 (0) 113 285 6815


RLM Finsbury 
Matthew Newton
Anastasia Gorokhova 
+44 (0) 20 7251 3801
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/27-03-2013.aspx</link>
<pubDate>Wed, 27 Mar 2013 00:00:00 GMT</pubDate>
<publishDate>Wed, 27 Mar 2013 08:08:04 GMT</publishDate>
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<title><![CDATA[IPF Annual Report and Financial Statements 2012 is published]]></title>
<description><![CDATA[The IPF Annual Report and Financial Statements 2012&nbsp;is now available to view and download, providing information to shareholders and informing wider stakeholders who seek to understand our business better. 
The report contains non-financial and financial performance information. It details our strategy and some of the work we&rsquo;re undertaking to deliver our objectives. [The &lsquo;Group at a glance&rsquo; section gives a useful overview of our sustainable business model and why it works; our investment proposition and details of our operations and performance.]-->
In addition to the annual report, the&nbsp;sustainability section of the website has been updated to outline in more detail how IPF believes that a sustainable business creates shared value for customers, investors and the wider social and economic environment in which we operate. We report on activities annually. Here you can find a wealth of information on our approach to this including examples of how we work responsibly with customers.
View the interactive&nbsp;Annual Report and Financial Statements 2012 PDF
Visit the sustainability section
If you have any queries please do not hesitate to contact a member of the team.

Nick Jones - Communications 
enquiries@ipfin.co.uk
Tamsin Fraser - Sustainability 
sustainability@ipfin.co.uk
Rachel Moran - Investor Relations
investors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/22-03-2013.aspx</link>
<pubDate>Fri, 22 Mar 2013 08:56:00 GMT</pubDate>
<publishDate>Fri, 22 Mar 2013 09:57:23 GMT</publishDate>
<guid>{CABD1F8F-0D2B-4739-8728-B004BB0C237F}</guid>
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<title><![CDATA[Full year results announcement and statement of dividends. Year ended 31 December 2012]]></title>
<description><![CDATA[International Personal Finance today announces the Full year results and statement of dividends. Year ended 31 December 2012.

For further information contact:

International Personal  Finance plc

Rachel Moran (Investor Relations)
+44 (0) 113 285 6798

Nick Jones (Head of Communications)
+44 (0) 113 285 6815]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/06-03-2013.aspx</link>
<pubDate>Wed, 06 Mar 2013 15:33:00 GMT</pubDate>
<publishDate>Wed, 06 Mar 2013 07:03:21 GMT</publishDate>
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<title><![CDATA[Consumers think carefully before they borrow]]></title>
<description><![CDATA[The vast majority of a consumer credit company&rsquo;s customers in Europe and Mexico think carefully before borrowing dispelling the idea that consumers are addicted to easy credit.
This is one of the key findings from the Financial Wellbeing and Inclusion Report from International Personal Finance, a leading international provider of consumer credit in growth markets. The report also found that consumers believe that credit has become more difficult to get in the last two to three years.
The research conducted on behalf of IPF by YouGov, a leading international, full service online market research agency, reported that 93% of those questioned said they thought carefully before borrowing money and a further 61% said they borrowed less than they were offered. This is in sharp contrast to some perceptions that lower income consumers are irresponsible or distressed borrowers. 
Two thirds (63%) of IPF&rsquo;s customers thought that credit was more difficult to get in the last two to three years. Across IPF&rsquo;s markets in Europe, respondents in Hungary were most likely to say this with nearly three quarters (72%) claiming credit was more difficult to get verses only a third of people in Slovakia (35%). The Hungarian economy has been one of the hardest hit Central European countries since the crisis began in 2008.&nbsp;&nbsp;
Only a small minority (7%) of the 11,000 people polled thought credit was easier to get with one in five (20%) thinking it was the same.
When YouGov questioned people on their ability to repay their loans, just over half of respondents (53%) said they can comfortably repay their repayments. This is highest in Mexico (79%), the Czech Republic (70%), Poland (70%) and Romania (63%). Encouragingly most people (93%) who were questioned said they thought carefully before borrowing money and this was consistently high across all of IPF&rsquo;s markets. The survey also found that only 15% borrowed on impulse and 86% never borrowed a sum that would be difficult to repay.
John Mitra, Group Corporate Affairs Director, IPF, said that it was very encouraging most people did not borrow more than they could repay without difficulty. &ldquo;Nearly nine out of ten of our customers say they will not borrow more than they can repay and very few of the people we polled said they borrowed on impulse. This shows that people think carefully about taking out credit and whether it is affordable and their repayments sustainable.&rdquo;
&ldquo;A minority (35%) claim to use credit as part of the way they manage their budget and we should continue to be mindful of this fact as should other mainstream lenders.&rdquo;
The report also showed that taking advice from a representative of the lender was the single most important aspect when taking out a loan. This was deemed more important than the internet, advice from friends and family and advertising.
The Financial Wellbeing and Inclusion Report is now available here.
&nbsp;
Further information
Contact Nick Jones, Head of Communications, International Personal Finance
+44 (0) 113 285 6815
nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/30-01-2013.aspx</link>
<pubDate>Wed, 30 Jan 2013 00:00:00 GMT</pubDate>
<publishDate>Wed, 30 Jan 2013 15:08:16 GMT</publishDate>
<guid>{D4F207BF-F7C1-46AE-9140-CD3BB99A2946}</guid>
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<title><![CDATA[Nine out of ten people unable to find money for emergency]]></title>
<description><![CDATA[According to the Financial Wellbeing and Inclusion Report, commissioned by International Personal Finance (IPF), the large majority of people would find it very difficult to find money for an emergency payment without borrowing (87%) or to save money for a major purchase (88%).
According to the YouGov survey that questioned 11,000 IPF customers across Europe and Mexico, many people would struggle to finance major purchases or an unexpected emergency. In Hungary, only four per cent said they could easily find the money for an unexpected bill or an emergency without resorting to borrowing. 
Slovakia (22%) and Mexico (20%) registered the highest number of respondents who could finance an unexpected bill or emergency without borrowing, but in both countries it is still a minority, leaving many people across all IPF&rsquo;s markets without the reassurance they want in times of need.
The survey also found that most households are satisfied with their current standard of living. The only exception to this was Hungary where only 6% of people are satisfied. This contrasts with 45% in Mexico and 41% in Slovakia. Aligned with take home earnings, the older the person, the less satisfied they are with their standard of household living. 
Elsewhere the survey showed the majority (79%) of respondents have spent more cautiously in the last 12 months, and a similar number (76%) have been put of making major purchases. This reluctance to spend will not help European economies struggling with depressed levels of consumer spending and the effects of austerity programmes to reduce central Government expenditure.
John Mitra, Group Corporate Affairs Director, commented on the statistic many people seem to be without a financial safety net. He said: &ldquo;The fact that nearly ninety per cent of people are unable to find money for an emergency payment or unexpected bill, or are unable to save money for a major purchase shows many people&lsquo;s incomes are already very stretched.
&ldquo;It is interesting to note that more consumers in Mexico believe they can find or save for a major purchase, but many people in this rapidly growing economy have still been put off making a major purchase in the last 12 months.
&ldquo;Credit has an important role in helping these people with short-term borrowing requirements, so long as it is done responsibility and people are not over indebted. Affordability is critical, as is giving people certainly and transparency on what their final repayments will be.&rdquo;
The Financial Wellbeing and Inclusion Report is now available here.
&nbsp;
Further information
Contact Nick Jones, Head of Communications, International Personal Finance

+44 (0) 113 285 6815
nick.jones@ipfin.co.uk 

&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2013/14-01-2013.aspx</link>
<pubDate>Mon, 14 Jan 2013 16:37:00 GMT</pubDate>
<publishDate>Mon, 14 Jan 2013 16:53:06 GMT</publishDate>
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<title><![CDATA[Provident Czech named as most ethical lender]]></title>
<description><![CDATA[Provident Czech, part of International Personal Finance (IPF), a leading international provider of consumer credit, has been named as the most ethical financial institution in the Czech Republic for the second year running.
The status as the country&rsquo;s most ethical financial institution was conferred by Člověk v t&iacute;sni (Man in Need), an influential Non-Governmental Organisation (NGO), that first published the ethical index in 2009 to assess the products and services of non-banking lenders.
Provident was ranked in first place of the seven largest non-banking institutions operating in the Czech Republic. Provident was followed by Home Credit, Cetelem, Confidis, Profi Credit, Essox and eCredit.
Daniel Hůle who prepared the index for Člověk v t&iacute;sni emphasised the fact that Provident&rsquo;s contractual terms and conditions are the most transparent and it does not charge any default fees on its Home collected loans. The business was also praised for not having any arbitration clauses and securing titles.
Russell Johnsen, Country Manager of Provident Czech, was delighted with the accolade of most ethical financial institution. He said: &ldquo;The business has worked incredibly hard to retain this status because it ultimately means we are looking after our customers and giving them relevant products that meet their specific needs.
&ldquo;All departments have worked hard to improve customer service and, in particular, we were determined to revise our contractual terms and conditions, following feedback from last year&rsquo;s audit. The fact that our terms and conditions are now recognised as an area of strength, alongside the fact that we do not charge default fees, is particularly encouraging.&rdquo;
Člověk v t&iacute;sni was critical of companies in the so-called &lsquo;grey zone&rsquo; who have not joined the Czech Leasing and Financial Association. It said these companies were risky and that it would not recommend its products to consumers. The NGO also said that significant non-banking companies like Provident were becoming more ethical than the country&rsquo;s banks.
The index of most ethical financial institutions is a high profile annual survey that is covered extensively in the Czech media. More information can be found at www.rozhodnene.cz 
&nbsp;
For further information contact:
Finsbury:
James Leviton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;+44(0) 207 251 3801
International Personal Finance plc
Nick Jones (media)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/14-12-2012.aspx</link>
<pubDate>Fri, 14 Dec 2012 00:00:00 GMT</pubDate>
<publishDate>Tue, 18 Dec 2012 12:33:23 GMT</publishDate>
<guid>{0F7ACD32-8D9E-4A74-B425-EBF4DDF78DA2}</guid>
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<title><![CDATA[Provident Hungary named as a Best Workplace in the CEE region]]></title>
<description><![CDATA[Provident Hungary, part of International Personal Finance (IPF), a leading international provider of consumer credit, has been named as one of the Best Workplaces in Central and Eastern Europe (CEE) for companies with more than 1,000 employees.
After winning the Hungarian Best Workplace Award in 2012, the company was ranked as the sixth Best Workplace across the CEE region. 
The prestigious award that involved over 400 companies across eight central and eastern European countries was organised by HR consultancy, Aon Hewitt. In total over 250,000 employees were involved in the survey and 2,600 senior managers.
Botond Szirm&aacute;k, Country Manager of Provident Hungary said Provident&rsquo;s sixth place in the CEE region was due to the cumulative impact of a number of significant changes made over the last couple of years. These changes have focused on improving employee engagement in Hungary to world class standards. 
He said: &ldquo;We know engagement has a positive effect on employees' motivation, focus and commitment. These qualities help to drive a better business performance and are what the most successful companies strive to deliver through recognition, reward and professional development.
&ldquo;In Hungary, we are passionate about our customers and therefore we are passionate about employee engagement.&rdquo;
Companies ranked by Aon Hewitt, on average, reported employee engagement in excess of 80 per cent, which is a fifth higher than the regional average. Companies like Provident that make it onto the prestigious Best Workplace Award are also acknowledged for their commitment to employee recognition and reward including fair and balanced remuneration, attractive benefits and career opportunities.
In recognition of Hungary&rsquo;s success, Gerard Ryan, Chief Executive Officer, IPF, has appointed Botond Szirm&aacute;k as Head of Global Engagement in addition to his current role as Country Manager for Hungary. 
Commenting on the appointment, Gerard said: &ldquo;Our business in Hungary has delivered exceptional employee engagement and for this reason, Botond will assume responsibility for driving our global engagement initiatives and processes across the Group.&rdquo;
Best Workplace Award &ndash; companies over 1,000 employees

    
        
            
            1. Operator Gazociąg&oacute;w Przesyłowych GAZ-SYSTEM
            
            
            Poland&nbsp;
            
        
        
            
            2.&nbsp;McDonald's
            
            
            Bulgaria
            
        
        
            
            3. Mars&nbsp;
            
            
            Russia&nbsp;
            
        
        
            
            4. Lidl&nbsp;
            
            
            Bulgaria&nbsp;
            
        
        
            
            5. DHL Express&nbsp;
            
            
            Russia&nbsp;
            
        
        
            
            6. Provident&nbsp;&nbsp;
            
            
            Hungary&nbsp;
            
        
        
            
            7. Lietuvos draudimas&nbsp;
            
            
            Lithuania&nbsp;
            
        
        
            
            8.&nbsp;Tele2
            
            
            Russia&nbsp;
            
        
    

This is the 12th Year that the world&rsquo;s leading HR and outsourcing consultancy, Aon Hewitt, has identified outstanding companies who drive employee engagement in order to drive business success. In the Best Workplace survey every employee has the opportunity to giver anonymous feedback about their employer and the results are used to determine which companies employees are most engaged and motivated.


For further information contact:
Finsbury:
James Leviton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44(0) 207 251 3801
International Personal Finance plc:
Nick Jones (media)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/13-12-2012.aspx</link>
<pubDate>Thu, 13 Dec 2012 00:00:00 GMT</pubDate>
<publishDate>Thu, 13 Dec 2012 13:31:43 GMT</publishDate>
<guid>{079072AA-6CDF-40FB-9FEF-47BF7169C946}</guid>
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<title><![CDATA[Cost of living is the number one concern]]></title>
<description><![CDATA[In a major new research study carried out by YouGov on behalf of International Personal Finance (IPF), a leading international provider of consumer credit in growth markets, more than two thirds (68%) of its customers said the cost of living was their number one concern
Of the 11,000 people questioned across Europe and Mexico by YouGov for the first IPF &lsquo;Financial Wellbeing and Inclusion Report&rsquo;, other areas of concern were the fear of unemployment (11%) and the basic cost of education (4%) and health care services (4%).
Whilst all of IPF&rsquo;s European markets cited the cost of living as their main concern, in Mexico, crime in the neighbourhood and unemployment were jointly the single largest concerns (28%). In this growing Latin American economy, only 13% of those customers polled said the cost of living was their main concern.
Other findings from the study showed that three in five people (60%) expect their national economies to deteriorate in the next twelve months and this lack of confidence is notably higher in the more northerly countries including the Czech Republic (68%), Poland (67%), and Slovakia (66%). In Hungary, nearly half (45%) expect the national economy to get a lot worse. In contrast, people in Mexico and Romania have more confidence in the stability of their economies and the prospect for improvement over the next 12 months.
The anxieties surroundings the high cost of living is also the main driver for those people (35%) who think that the financial position of their own household will deteriorate over the next 12 months. People in Czech and Hungary are the most pessimistic with four in ten four saying things will get worse, which is mainly driven by the increased cost of living and fear of unemployment. In Mexico and Romania, people are more optimistic about the future, which is predominately influenced by an increase in earnings or a change in employment.
John Mitra, Corporate Affairs Director, IPF, said of the findings: &ldquo;We thought the fear of unemployment might register higher especially with unemployment increasing across the Eurozone, but it is clear a large majority of consumers are most concerned by the high cost of living. Given the continued difficult economic backdrop and high commodity prices, we expect this anxiety to register highly for some time.
&ldquo;The difference between Mexico and Europe is interesting. Mexico is forecast by some commentators to become the largest economy in Latin America in the next decade and this is reflected in much greater confidence in the national economy and their own household finances.
&ldquo;The provision of short term credit to help people through lean times is important and IPF will continue to lend responsibly to help people with their immediate borrowing requirements.&rdquo;
The Financial Wellbeing and Inclusion Report is available here.
&nbsp;
Further information
Contact Nick Jones, Head of Communications, International Personal Finance

+44 (0) 113 285 6815
nick.jones@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/06-12-2012.aspx</link>
<pubDate>Thu, 06 Dec 2012 00:00:00 GMT</pubDate>
<publishDate>Thu, 06 Dec 2012 11:42:56 GMT</publishDate>
<guid>{DCC721DB-27D4-4213-828D-FF833F5A8E69}</guid>
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<title><![CDATA[Provident Poland - a Pearl of the Polish Economy]]></title>
<description><![CDATA[Provident Polska, part of International Personal Finance (IPF), a leading international provider of consumer credit, has won third place in the prestigious &lsquo;Pearls of the Polish Economy&rsquo; awards in the Banking and Insurance category.
The awards which are in their tenth year are organised by the Institute of Economics of the Polish Academy of Sciences. 
Provident Polska was recognised in acknowledgement of its proven and robust growth strategy, strong financial performance and its status as one of the largest lenders and foreign employers in Poland.
The award was accepted by David Parkinson, Country Manager, on behalf of Provident Polska, in the company of representatives from the Polish Government and Ministry of the Economy, the office of the President of the Republic and other influential people from the world of politics, business, science and culture.
Recognised for two consecutive years is particularly pleasing according to David Parkinson. He said: &ldquo;I am very proud of this award as it recognises our achievement in building a resilient, well managed, transparent and profitable business. 
&ldquo;Undoubtedly the main success of the Polish business is down to our ability to adapt to changing external circumstances and meet the needs of our customers. In this respect, I have to thank our employees, many of whom have been with us for ten years or more.
&ldquo;We will continue to focus on providing an excellent customer and employee experience and look forward to continued success.&rdquo;
&nbsp;

For further information contact:

Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/29-11-2012.aspx</link>
<pubDate>Thu, 29 Nov 2012 14:13:00 GMT</pubDate>
<publishDate>Thu, 29 Nov 2012 15:38:34 GMT</publishDate>
<guid>{0AA1DBE3-B418-4BE3-BE62-C1A6DE0406F8}</guid>
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<title><![CDATA[Major new international study on Financial Wellbeing and Inclusion]]></title>
<description><![CDATA[International Personal Finance (IPF), a leading international provider of consumer credit in growth markets has commissioned YouGov to research important economic and financial issues amongst its customers in Central Europe and Mexico.
The survey conducted on behalf of IPF by YouGov, a leading international, full service online market research agency, saw the company question nearly 11,000 customers of IPF in Poland, Czech, Slovakia, Hungary, Romania and Mexico.
The outputs of the research will form the basis of a new bi-annual report called the IPF Financial Wellbeing and Inclusion Report that will report on issues such as key financial concerns, access to mainstream financial services, the affordability of credit and macro and household economic confidence as well as other topical social and demographic issues.
The report is designed to engage with IPF&rsquo;s customers, understand their views on a range of important economic and financial issues and share the headline findings to key groups of external stakeholders and influencers including politicians, the media, Government and their civil servants, Non-Governmental Organisations and Charities.
John Mitra, Group Corporate Affairs Director, IPF explained more about the thinking behind the major international study.
&ldquo;Customers of IPF are typically from socio-economic groups poorly served and sometimes excluded from mainstream financial services. With lower levels of social influence, disposable income and political power, they can often feel marginalised and devoid of a voice in society. The report is intended to illuminate their concerns or experiences, so national policy makers are better informed to make decisions they feel are appropriate and required.
&ldquo;We chose to partner with YouGov for this study because they are an internationally respected research agency who has the expertise and resources to help us manage a major piece of research and analysis.&rdquo;
The inaugural report is split into four main sections including Economic Outlook, Financial Holdings, Use of Credit Services and Standard of Living.
The Financial Wellbeing and Inclusion Report will be shortly available at www.ipfin.co.uk or &lsquo;like&rsquo; our Facebook page (International Personal Finance) to access a copy.




Further information
Contact Nick Jones, Head of Communications, International Personal Finance

+44 (0) 113 285 6815
nick.jones@ipfin.co.uk
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/27-11-2012.aspx</link>
<pubDate>Tue, 27 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Tue, 27 Nov 2012 11:20:55 GMT</publishDate>
<guid>{348F60A7-3E4D-4ABE-AAD5-22BCDC7AC02A}</guid>
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<title><![CDATA[Provident Romania wins PR award for Excellence]]></title>
<description><![CDATA[Provident Romania, part of International Personal Finance (IPF), recently won the Golden Award for PR Excellence for the Bugetul Familiei (The Family Budget) Financial Education programme.
Nominated in two categories, Financial Communication and Communication of Financial Products and Services, the business took home the Golden Award in the Financial Communications category.
Provident Romania is a key supporter of the national financial education project for adults, which is run by the Association for Consumer Protection Romania (APC Romania) under the aegis of the National authority for Consumer Protection.
In their tenth year, the PR Awards are the most prestigious in Romania and saw 75 projects shortlisted across 24 categories. The judging panel included senior communications directors from large companies as well as public relations practitioners from Romanian and international organisations. 
Ivo Kalik, Country Manager, explained more about how the business supports the national education programme: &ldquo;We launched a dedicated website to help people with their personal and family finances and we also created a network across the country of school teachers and NGOs committed to delivering basic financial literary workshops to high-school children and other beneficiaries. 
&ldquo;Moreover Provident has circulated useful materials to our customers on behalf of the programme covering issues such as loan agreements and APR charges. I&rsquo;m delighted we&rsquo;ve picked up this communications award as we have invested a huge amount of time and effort into making sure the programme makes a positive difference to our customers and the wider population.&rdquo;
In addition, Provident Romania was recently nominated for a &lsquo;People for People&rsquo; award that recognises people and companies who are actively involved in social projects. The business received a diploma for Excellency in Personal Finance for its personal safety programmes in Bucharest earlier this year.
&nbsp;
For further information contact:
Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/26-11-2012.aspx</link>
<pubDate>Mon, 26 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 26 Nov 2012 15:41:26 GMT</publishDate>
<guid>{64AAF39F-F238-4AA6-9623-D5FABBB3F03E}</guid>
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<title><![CDATA[Customer Friendly Award for Provident Poland]]></title>
<description><![CDATA[International Personal Finance (IPF) is delighted to report that its business in Poland, Provident Polska, has been awarded a Customer Friendly Company (CFC) award for outstanding customer service.
The customer service accolade was presented to David Parkinson, Country Manager and Kasia Jozwik, Marketing Director, in recognition of the company&rsquo;s commitment to providing individual, honest, professional and transparent services to its 875,000 customers. Provident&rsquo;s contact centre operation was also singled out for its high standards of customer care.
Overall the company registered a customer service score of 93% against an average score of 80%.
The status of Customer Friendly Company is only awarded to companies that meet strict customer service criteria, which are independently assessed by the Management Observatory Foundation. The CFC awards were established in 2003, and Provident is delighted to join other worthy recipients of this prestigious award that includes BP, AVIVA, Alior Bank, Link4, Mondial Assistance and Kredyt Bank.
David Parkinson, Country Manager, was delighted to receive the award on behalf of the Polish business. He said: &ldquo;Our growth strategy has customer engagement, and in particular, the customer experience as one of its key drivers. It is therefore particularly pleasing that we have secured this award as it recognises the considerable work we have put into delivering an exceptional customer experience across all of our customer interactions. 
&ldquo;It is a huge achievement for our field-based Agents who work tirelessly every single day to deliver great customer service. Our branch and head office people have also put a huge amount of work into ensuring our Agents are properly supported with the right information, processes, products and training to meet the expectations and needs of all our Polish customers.&rdquo;
In total, 28 Polish companies secured the CFC status in 2012.
&nbsp;
For further information contact:
Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/19-11-2012.aspx</link>
<pubDate>Mon, 19 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 19 Nov 2012 17:00:02 GMT</publishDate>
<guid>{B8E0516B-9B34-477E-AB23-DEB6E1F707A9}</guid>
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<title><![CDATA[Provident Czech recognised as a Responsible Company]]></title>
<description><![CDATA[Provident Czech, part of the IPF Group, has been named as one of the country&rsquo;s most responsible companies in the annual recognition programme run by Business in the Community (BITC).
Provident has been participating in the award programme since 2006 and this year saw the company achieve its highest placement. In the &lsquo;most generous company donation&rsquo; category the business was ranked fifth for its commitment to the wider community, and its proactive stance as a good corporate citizen. This put it just below globally recognised brands such as Johnson &amp; Johnson, KPMG and GlaxoSmithKline, but above organisations such as PricewaterhouseCoopers, Vodafone, Telefonica and CETELEM.
When it came to evaluating the business on its net contribution to help solving social issues as a proportion of revenue, the business was ranked ninth overall. 
Since the first award in 2004 the &lsquo;BITC Most Responsible Company&rsquo; has become the main national, independent and established award for sustainable business practices both for large and small companies. 
Russell Johnsen, Country Manager for Provident Czech and Slovakia was delighted with the accolade. He said: &ldquo;I am extremely proud that Provident Czech has done so well in the BITC responsible companies&rsquo; award. 
&ldquo;We are a major employer in the Czech Republic, but to be ranked alongside globally recognised multinationals is a tribute to the considerable effort we have put into our CSR and sustainability programmes, which are orientated towards helping people in the local communities where we work.
&ldquo;As an example, our ABC Family Finance programme runs training programmes to help the general public improve their budgeting skills. Importantly it is endorsed by the Ministry of Finance and supporting partners include the Financial Arbitrator of the Czech Republic, the British Chamber of Commerce and the Czech Consumer Association. 
&ldquo;Elsewhere our Financial Compass initiative is an educational programme designed for consultants at the Citizen Advice Bureau (CAB) who help people that have financial difficulties. To date our programme has trained CAB advisors across 74 regional offices &ndash; a truly significant contribution that has helped thousands of people.&rdquo;
&nbsp;
For further information contact:

Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nick.jones@ipfin.co.uk 
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/16-11-2012.aspx</link>
<pubDate>Fri, 16 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Fri, 16 Nov 2012 12:29:05 GMT</publishDate>
<guid>{CA8EDF27-5380-44C7-BFE0-5495FA245B53}</guid>
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<title><![CDATA[Equal Opportunities recognised in Provident Mexico]]></title>
<description><![CDATA[For the third year running, Provident Mexico has been certified with the Gender Equity Model (MEG: 2003) in recognition of the equal opportunities that men and woman enjoy across the organisation.
Provident was awarded its MEG certification on 18 October by the National Woman&rsquo;s Institute (INMUJERES), part of the Mexican Federal Government, for best practice in gender equality. Employing more than 1,900 people and having over 8,700 self-employed agents, the certification for the third year running is a significant achievement for the Mexican business that was only launched in 2003.
The award ceremony took place in Mexico City and was attended by a number of dignitaries and business personalities. In total 180 companies and Government dependencies were certified following a thorough audit by INMUJERES for their commitment to gender equality, and in particular, for practices that promote equal employment opportunities, access to training, professional development, participation in decision making, and prevention of sexual harassment. 
Robert Husband, Country Manager, Provident Mexico was delighted with the certification. Speaking after the presentation he said: &ldquo;The MEG certification is important because it is public recognition of our commitment to embedding the MEG: 2003 model across our organisation and using its best practice principles to give equal opportunities to all our people irrespective of gender.
&ldquo;Provident is a meritocratic organisation and we recognise, reward and develop our people on the basis of the work they do, their contribution to delivering an excellent&nbsp; customer experience and the continued success of the business.&rdquo;

For further information contact:
Nick Jones&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 113 285 6815
Head of Communications&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nick.jones@ipfin.co.uk 
&nbsp;
For more information on INMUJERES go to http://www.inmujeres.gob.mx/index.php/english
&nbsp;]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/05-11-12.aspx</link>
<pubDate>Mon, 05 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 05 Nov 2012 11:31:31 GMT</publishDate>
<guid>{4610291A-119D-49D5-A5D2-735D67DC3A84}</guid>
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<title><![CDATA[Change to Profit and Loss Account Hedging Policy]]></title>
<description><![CDATA[International Personal Finance plc has previously hedged the exchange rates at which the majority of its currency profits are translated into Sterling within each financial year and it currently has such hedges in place through to December 2012.
International Personal Finance plc today announces that it has changed its policy on exchange rate hedging and will no longer hedge the rates at which it translates its currency profits into Sterling. &nbsp;This change reflects the fact that underlying currency cash flows are the main driver of shareholder value and the fact that currency hedges as currently executed do not protect the business against long-term exchange rate movements. &nbsp;The change in policy is expected to reduce the overall treasury costs of the business.

For further information contact:
Nick Jones on +44 (0) 113 285 6815]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/01-11-12.aspx</link>
<pubDate>Thu, 01 Nov 2012 00:00:00 GMT</pubDate>
<publishDate>Thu, 01 Nov 2012 08:51:14 GMT</publishDate>
<guid>{14EA5316-4972-4F0F-A760-53CC45F34F8B}</guid>
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<title><![CDATA[IPF helps Leeds-based charity]]></title>
<description><![CDATA[Representatives from Leeds based company, International Personal Finance (IPF) met with local charity Emmaus today to hand over a grant for £2,000.
The grant was given through the IPF community fund, which has distributed around £70,000 to local community projects over the last five years.
Emmaus Leeds is a charity that enables people to move on from homelessness, providing work and a home in a supportive, family environment.  Nick Jones, Head of Communications at IPF, had the chance to see the charity’s great work in action, meeting with companions (as residents are known) who work full time collecting, renovating and reselling furniture.
He said: “This is a great opportunity to see how our money is being used to help people out in the local community.  We support projects that encourage enterprise and Emmaus is a good example. It gives homeless people the support they need to help themselves and others.”
Stephen Pearson, Leeds Community Foundation said: “Leeds Community Foundation is delighted to work with IPF to support local community projects, often working with some of the most vulnerable people in Leeds. Emmaus Leeds is a great example of such an organisation and their workshop provides work experience for their companions along with an important source of income to support their overall work.”
Ali Ward, Emmaus Leeds added: “Emmaus Leeds is thrilled to receive this funding to help us to buy new tools for our workshop. This will enable us to repair even more items that would otherwise go to landfill and our Companions will learn additional skills from using different tools.” 


Caption: Nick Jones (3rd from left) from International Personal Finance presents a cheque for £2024 to the local charity Emmaus. From left to right Stephen McNiven (Workshop supervisor), Anthony Flower and Sarah Millett (Finance Officer Leeds Community Foundation)
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/26-10-2012.aspx</link>
<pubDate>Fri, 26 Oct 2012 13:43:00 GMT</pubDate>
<publishDate>Fri, 26 Oct 2012 14:48:57 GMT</publishDate>
<guid>{1E4EED97-DD42-4A07-87CC-5BDCF5C1C919}</guid>
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<title><![CDATA[International Personal Finance plc Q3 Interim Management Statement]]></title>
<description><![CDATA[International Personal Finance plc Q3 Interim Management Statement is now available to download.
International Personal Finance plc Q3 Interim Management Statement]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/17-10-2012.aspx</link>
<pubDate>Wed, 17 Oct 2012 17:02:00 GMT</pubDate>
<publishDate>Wed, 17 Oct 2012 16:23:58 GMT</publishDate>
<guid>{ADBB19DE-E1F2-4A2C-BB98-4A87BF7908E3}</guid>
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<title><![CDATA[Provident Hungary Wins Best Workplace Award]]></title>
<description><![CDATA[Provident Hungary, part of International Personal Finance (IPF), has been awarded the prestigious Best Workplace in Hungary award for companies with more than 1,000 employees.
The prestigious award, organised by HR consultancy, Aon Hewitt, asked over 30,000 employees and 500 managers of almost 100 companies to evaluate their workplaces. According to the survey results, Provident&rsquo;s employees are almost 30 per cent more satisfied than employees of an &lsquo;average company.&rsquo;
This year was the 12th time that the world&rsquo;s leading HR and outsourcing consultancy firm, Aon Hewitt, has conducted the survey in Hungary. In the Best Workplace survey every employee has the opportunity to give anonymous feedback about their employer and the results are used to determine which companies employees are most engaged and motivated.
The survey questioned employees on issues such as leadership, the focus on performance, the appeal of the brand and sustainability. An incredible 98 per cent of the company&rsquo;s workforce of almost 4,000 took part in the voluntary survey and rated the company&rsquo;s performance as excellent in all the above areas.
Encouragingly the survey reported that Provident&rsquo;s Hungarian employees find their workplace 30% more attractive than the average business and they are more likely to recommend Provident as a place to work than other organisation&rsquo;s employees.
One of the key drivers for this high level of advocacy is the fact that Provident&rsquo;s employees are focused on the company&rsquo;s strategic vision and the employee value proposition is well understood. Furthermore that the company&rsquo;s employees feel the senior management&rsquo;s communication is open and honest. As a consequence they trust the management&rsquo;s business decisions and have confidence in the long-term growth and sustainability of the business.
Botond Szirm&aacute;k, Country Manager of Provident Hungary was delighted with the accolade. He said: &ldquo;Provident is already one of the biggest employers in Hungary with approximately 4,000 employees, but it was our ambition to be one of the best. I am proud we have achieved this as it could only happen with the support and dedication of all our colleagues. 
Gerard Ryan, Chief Executive Officer of IPF, added: &ldquo;At Provident one of our most important values is trust and this is built on open and honest communication - and we can only achieve this by involving, developing and empowering our colleagues.&rdquo;
Ends]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/17-10-2012a.aspx</link>
<pubDate>Wed, 17 Oct 2012 17:02:00 GMT</pubDate>
<publishDate>Wed, 17 Oct 2012 16:24:08 GMT</publishDate>
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<title><![CDATA[International Personal Finance amongst world-wide super sector leaders in FTSE4Good]]></title>
<description><![CDATA[International Personal Finance plc (IPF) is pleased to announce that it has received an overall score of 99 out of 100 (up from 96 last year) in the FTSE4Good ESG Ratings to rank amongst the best scoring financial services companies in the world. For the purposes of comparison the objective score would have seen IPF placed joint third amongst the world-wide supersector leaders had it been listed on the All World FTSE Index and in the FTSE4Good index series.
This achievement marks the fifth consecutive year that IPF has been included in the index and demonstrates a commitment to responsible business. The FTSE4Good ESG (Environmental, Social and Governance) Ratings are based on independent research, provide an objective measurement of how well a company manages its potential ESG risks and is based on clear, rules-based, and easy to apply methodologies.
Gerard Ryan, Chief Executive Officer said;
‘Sustainable growth and responsible lending are at the heart of the IPF strategy and we are delighted that this is reflected in our outstanding performance in the FTSE4Good ratings. We believe that sustainability is instrumental in achieving our long term financial goals and delivering value to customers and&nbsp;shareholders.’
To find out more about sustainability at IPF visit www.ipfin.co.uk/sustainability
Ends]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/04-10-2012.aspx</link>
<pubDate>Thu, 04 Oct 2012 13:29:00 GMT</pubDate>
<publishDate>Thu, 04 Oct 2012 13:24:07 GMT</publishDate>
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<title><![CDATA[IPF attends Investor conference]]></title>
<description><![CDATA[		Gerard Ryan, Chief Executive Officer, IPF plc, and Dave Broadbent, Financial Director IPF plc, are attending the annual Citi UK Small and Mid-Cap Conference today as part of our investor relations programme.
The event gives IPF the opportunity to meet face to face with existing shareholders and potential investors, build stronger relationships and attract new investment. Hosting a series of one-to-one and small group meetings, Gerard and Dave will explain IPF’s investment case to leading fund managers and analysts including Aviva Investors, AXA Framlington and M&amp;G.
We have developed a new presentation for the event which positions IPF as a profitable growth business with a resilient business model and opportunities for faster growth. A copy of the presentation can be downloaded here.
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/20-09-2012.aspx</link>
<pubDate>Thu, 20 Sep 2012 16:23:00 GMT</pubDate>
<publishDate>Thu, 20 Sep 2012 10:03:23 GMT</publishDate>
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<title><![CDATA[New look for International Personal Finance plc (‘IPF’)]]></title>
<description><![CDATA[		International Personal Finance (‘IPF’) unveils a new corporate brand identity.
The new look was introduced to ensure the IPF brand has a closer visual alignment to the consumer Provident brand, which is used across all of IPF’s international markets in Europe and Mexico.
Historically IPF used two interlocking faces to represent the personal relationship the business has with its 2.4 million customers. The new logo reflects this unique relationship, but through the use of two interlocking pebbles. The logo also utilises the Provident primary colours of blue and red; colours that help to bring Provident and IPF closer together.
The new identity was launched to coincide with the company’s Half Year results, which were presented on the 24 July in London. Gerard Ryan, Chief Executive Officer, also gave more detailed information on the Group’s new Strategy for Growth, which is aimed at accelerating growth across IPF’s existing markets.
John Mitra, Corporate Affairs Director said the introduction of the new brand identity is an important part of repositioning IPF with its Strategy for Growth ambitions. He said: “IPF unveiled its new Strategy for Growth and as part of this launch we decided to refresh the IPF brand. Not only does it bring IPF and Provident closer together, but it marks a new and exciting phase for our business.”
“It was also very important for our colleagues across the business to feel as though they are part of one organisation and we think using the interlocking pebbles and similar colours to Provident will help us look as though we are the same family. Technically, IPF is still a separate brand, but the basic fundamentals of the Provident brand guidelines have been used.”
 IPF used Design Junkie, a local design agency based in Huddersfield, to develop the new identity, but the majority of the project was delivered in-house to keep costs to a minimum. Design costs for the project were &pound;2,500.
Ends
For further information contact:

 
 Nick Jones
 +44 (0) 113 285 6815
 
 
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/30-07-2012.aspx</link>
<pubDate>Mon, 30 Jul 2012 16:23:00 GMT</pubDate>
<publishDate>Tue, 31 Jul 2012 15:31:40 GMT</publishDate>
<guid>{6B8C8824-51F2-4BD3-997C-A9623D656644}</guid>
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<title><![CDATA[Half-yearly financial report for six months ended 30 June 2012]]></title>
<description><![CDATA[Today, Tuesday 24 July the business released its half-yearly financial report for the months ended 30 June. The full report, interim presentation and webcast will be available on the&nbsp;results centre throughout the day.
For further information contact:
Finsbury
James Leviton
Anjali Unnikrishnan
+44 (0) 20 7251 3801
International Personal Finance plc
Rachel Moran (Investor Relations)
+44 (0) 113 285 6798
Nick Jones (Head of Communications)
+44 (0) 113 285 6815]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/24-07-2012.aspx</link>
<pubDate>Tue, 24 Jul 2012 16:03:00 GMT</pubDate>
<publishDate>Tue, 24 Jul 2012 06:02:34 GMT</publishDate>
<guid>{3CD6C7F7-D648-4D3F-9231-030E6557AA88}</guid>
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<title><![CDATA[Announcement of Agreement to Issue Notes]]></title>
<description><![CDATA[
We are pleased to announce that as part of IPF&rsquo;s strategy to diversify and extend funding, we have agreed to issue Czech crown bonds of CZK 380m (c&pound;12m). This is split CZK 280m (&pound;9m) 3 year bonds at a coupon of 8.5%; and CZK 100m (&pound;3m) 4 year bonds at a coupon of 9%. The bonds are to be issued under our existing euro medium-term note programme, and final settlement is scheduled for tomorrow 25 July.

Ben Murphy 
 Group Legal Director &amp; Company Secretary 
 +44 (0) 113 285 6890 
For further information, please contact
 
 
 
 
International Personal Finance plc
  
  
  

  
    Rachel Moran (Investor Relations Manager)
    +44 (0) 113 285 6798
  
  
    Nick Jones (Media)
    +44 (0) 113 285 6815
  




]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/24-07-2012a.aspx</link>
<pubDate>Tue, 24 Jul 2012 16:03:00 GMT</pubDate>
<publishDate>Wed, 17 Oct 2012 15:58:20 GMT</publishDate>
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<title><![CDATA[IPF Annual General Meeting update on trading May 2012]]></title>
<description><![CDATA[IPF Annual General Meeting update on trading May 2012 is now available to download.
Annual General Meeting Trading update
At today&rsquo;s Annual General Meeting, the Chairman of IPF, Christopher Rodrigues, will make the following statement.
&ldquo;Since the publication of the Interim Management Statement on the 18th of April, IPF has continued to make good progress and I am pleased to report that we have extended &pound;130 million of bank facilities into 2015 which, together with existing debt facilities, provides sufficient funding through to that time. This has been achieved with no increase in margin or any change in financial covenants.&rdquo; 
The company will be updating shareholders further at the time of its interim results on 24 July 2012.
For further information contact:

    
        
            Investor Relations
            Media Relations
        
        
            Rachel Moran
            RLMFinsbury
        
        
            +44 (0)113 285 6798
            +44 (0)20 7251 3801
        
    

Number Three, Leeds City Office Park, Meadow Lane, Leeds, LS11 5BD, UK www.ipfin.co.uk -->]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/24-05-2012.aspx</link>
<pubDate>Thu, 24 May 2012 16:03:00 GMT</pubDate>
<publishDate>Mon, 02 Jul 2012 11:51:14 GMT</publishDate>
<guid>{17D50E2D-F977-4A29-AAE0-24B61CECA844}</guid>
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<title><![CDATA[International Personal Finance plc Q1 Interim Management Statement]]></title>
<description><![CDATA[International Personal Finance Q1 Interim Management Statement is now available to download.

Q1 Interim Management Statement 2012]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/18-04-2012.aspx</link>
<pubDate>Wed, 18 Apr 2012 08:19:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:30 GMT</publishDate>
<guid>{F8FDA52D-8803-4ABF-AC6A-75BC58E428B1}</guid>
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<title><![CDATA[IPF Annual Report and Financial Statements 2011 is published]]></title>
<description><![CDATA[		
      The IPF Annual Report and Financial Statements 2011 is now available to view and download, providing information to shareholders and informing wider stakeholders who seek to understand our business better. The report contains non-financial and financial performance information. It details our strategy and some of the work we’re undertaking to deliver our objectives sustainably including stakeholder engagement, branch-based credit strategies, financial education and balanced scorecard. The ‘Group at a glance’ section gives a useful overview of our sustainable business model and why it works; our investment proposition and details of our operations and performance.
    In addition to the annual report, the new sustainability section of the website outlines in more detail how IPF believes that corporate sustainability creates shared value for customers, investors and the wider social and economic environment in which we operate. We report on activities annually. Here you can find a wealth of information on our approach to this including examples of how we work responsibly with customers.
    View the Annual Report and Financial Statements 2011
    Visit the sustainability section
    If you have any queries please do not hesitate to contact a member of the team.Nick Jones - Communications enquiries@ipfin.co.ukTamsin Fraser - Sustainability sustainability@ipfin.co.uk
    Rachel Moran - Investor Relationsinvestors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/27-03-2012a.aspx</link>
<pubDate>Tue, 27 Mar 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:29 GMT</publishDate>
<guid>{B8C1969F-B194-41FA-9658-2BED6663B742}</guid>
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<title><![CDATA[Full year results announcement and statement of dividends. Year ended 31 December 2011]]></title>
<description><![CDATA[
		International Personal Finance today announces the Full year results and statement of dividends. Year ended 31 December 2011.
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/29-02-2012.aspx</link>
<pubDate>Wed, 29 Feb 2012 15:33:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:29 GMT</publishDate>
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<title><![CDATA[Board Changes]]></title>
<description><![CDATA[
		International Personal Finance plc (&ldquo;the Company&rdquo;) has today, with immediate effect, appointed Gerard Ryan to its Board as Chief Executive Officer (Designate). He will also be a member of the Executive Committee.  Following completion of a planned hand-over period, Gerard will become Chief Executive Officer at the beginning of April when John Harnett, the current CEO, leaves the Company to pursue personal interests.
Gerard Ryan, aged 47, has over 20 years experience in the financial services sector and latterly spent four years with Citigroup where he was Chief Executive Officer for Citi&rsquo;s consumer finance businesses in the Western Europe, Middle East and Africa region. He was a director of Citi International plc, Egg plc and Morgan Stanley Smith Barney UK.
Earlier in his career Gerard was Chief Financial Officer of Garanti Bank, Turkey and Chief Executive Officer of GE Money Bank, Prague. He is a Fellow of the Institute of Chartered Accountants in Ireland.
Commenting on the news, Christopher Rodrigues, Chairman of the Company, said &ldquo;We are delighted to welcome Gerard to the Board. His multi-country experience in consumer financial services makes him ideally suited to become John Harnett&rsquo;s successor and will provide the Company with excellent continuity of leadership. This appointment is the culmination of a thorough search and selection process. I am delighted with the outcome and I am sure that IPF will prosper under Gerard&rsquo;s leadership. 
We are most grateful to John for his work establishing IPF as an independent listed public company and significantly increasing the Group&rsquo;s profits through the turbulent years of the financial crisis. This contribution is further evidenced by our 2011 performance following the key December trading period in which sales were up by 6.5% and collections were strong. &rdquo;
John Harnett commented: &ldquo;I am proud to have worked alongside and led a great team at IPF through the exciting period of demerger and transition to a public listed company. And we can all be proud of the success we have achieved together over the past six years.&rdquo;
As previously announced, the preliminary announcement of the Company&rsquo;s full year results for 2011 will be published on Wednesday 29 February 2012. 
Note
There is no other information required to be disclosed pursuant to Listing Rule 9.6.13. 
For further information contact:

  
    Finsbury:
    &nbsp;
  
  
    James Leviton
    +44 (0) 207 251 3801
  
  
    &nbsp;
    &nbsp;
  
  
    International Personal Finance plc:
    &nbsp;
  
  
    Rachel Moran (Investor Relations) 
    +44 (0) 113 285 6798
  
  
    John Mitra (Media) 
    +44 (0) 113 285 6784
  
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/17-01-2012.aspx</link>
<pubDate>Tue, 17 Jan 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:30 GMT</publishDate>
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<title><![CDATA[Exchange rate hedging]]></title>
<description><![CDATA[
		In our Trading Update issued on 15 December 2011, we said that Sterling had appreciated materially against the local currencies of the countries in which we operate during the course of 2011. In accordance with our published policy, we have now put in place foreign currency contracts to hedge the majority (70%) of our expected 2012 overseas profits. We estimate that the effective average exchange rate likely to be achieved for the full year is around 17% adverse to that achieved in 2011.
    The hedged rates achieved are set out in the table below.



 
2012 hedged exchange rate

Poland
5.50

Czech Republic
31.00

Slovakia
1.20

Hungary
397.14

Mexico 
21.96

Romania
5.36  For further information contact:



Finsbury:
 

James Leviton
+44 (0) 207 251 3801

 
 

International Personal Finance plc:
 

Rachel Moran (Investor Relations) 
+44 (0) 113 285 6798

John Mitra (Media) 
+44 (0) 113 285 6784]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2012/05-01-2012.aspx</link>
<pubDate>Thu, 05 Jan 2012 00:00:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:32 GMT</publishDate>
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<title><![CDATA[Pre close trading update 15 December 2011]]></title>
<description><![CDATA[
		
      Trading
    
    With three important weeks of trading to complete before the year end, we remain on track to deliver a good result for 2011. Despite reduced consumer confidence our credit issued has continued to grow, up by 4% for the quarter to date. In addition, by carefully balancing growth with a prudent policy on credit, we have maintained good credit quality. 
    The current state of the global economy continues to make the outlook for 2012 unusually uncertain. In addition, there has been significant volatility in foreign exchange markets in 2011 and more recently a weakening of our trading currencies against Sterling. Overall, we estimate that compared to the effective rates used to translate overseas profits in 2011, current FX rates would negatively impact reported profit by 14%. As usual we will review our profit and loss account hedging for 2012 in January of next year. 
    Our business is in good shape, with a resilient operating model and a robust balance sheet, and so is well positioned to deal with these challenges.
    
      Effective tax rate
    
    In 2010 the Hungarian government reduced the rate of corporation tax from 19% to 10% with effect from 2013. This resulted in a one-off increase in the Group’s effective tax rate for 2010 due to the reduction in value of a deferred tax asset. The Hungarian government has recently repealed this reduction in the corporation tax rate so that it will now remain at 19%. As a result we expect a one-off reduction in the Group’s effective tax rate in 2011 of around 4% to 24%. The effective rate is expected to revert to around 28% in 2012.
    The preliminary announcement of our full year results for 2011 will be published on Wednesday 29 February 2012.
    
      For further information contact:
    



Finsbury:
 

James Leviton
+44 (0) 207 251 3801

 
 

International Personal Finance plc:
 

Rachel Moran (Investor Relations) 
+44 (0) 113 285 6798

John Mitra (Media) 
+44 (0) 113 285 6784Appendix – Estimated effective FX rates for 2011 (including hedging)



 
2011 effective FX rate

Poland
4.66

Czech Republic
28.91

Slovakia
1.16

Hungary
314.11

Mexico
19.63

Romania
4.97Pre close trading update is now available to download.Pre close trading update ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/15-12-2011.aspx</link>
<pubDate>Thu, 15 Dec 2011 11:32:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:26 GMT</publishDate>
<guid>{89676FD7-6443-46D0-B919-D9DF49206450}</guid>
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<title><![CDATA[Further update on proposed Hungarian legislation]]></title>
<description><![CDATA[
		We announced on 4 November 2011 that the Hungarian government had published draft legislation to set a maximum APR for unsecured customer loans at 24% above the Hungarian base rate, which is currently 6%. This 30% cap compares to the current situation where customers are limited to one loan of more than 65% from any individual lender per calendar year.
    The draft legislation has now been approved by the Hungarian parliament and is scheduled to become effective for loans issued on or after 1 January 2012.
    We will amend our product pricing and structure to meet the requirements of this legislation and, whilst we cannot be certain as to the impact this may have on the future performance of our business, based on our experience of similar changes we have made in the past we do not expect a material impact on the prospects of our Hungarian business.
    For further information contact:
    Finsbury
    James Leviton                    +44 (0)207 251 3801
    John Mitra (Media)            +44 (0)113 285 6784
     ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/further-update-on-proposed-hungarian-legislation.aspx</link>
<pubDate>Wed, 09 Nov 2011 00:00:00 GMT</pubDate>
<publishDate>Mon, 21 May 2012 04:41:36 GMT</publishDate>
<guid>{C7E6526E-E0E3-4695-AC27-2894ED4CA0DE}</guid>
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<title><![CDATA[Update on proposed Hungarian legislation]]></title>
<description><![CDATA[
		We announced on 12 September 2011 that Prime Minister Orban had suggested that the Hungarian government might propose legislation to limit the APR on consumer loans to no more than 30%. Draft legislation has now been published which would set a maximum APR for unsecured consumer loans at 24% above the Hungarian base rate, which is currently 6%.
The draft legislation will in due course be debated, and potentially modified, by the Hungarian Parliament and is scheduled to become effective for loans issued on or after 1 January 2012.
The impact on our Hungarian business will not be clear until the legislation is finalised and we will make a further announcement at that time.
For further information contact:
FinsburyJames Leviton +44 (0)20 7251 3801
John Mitra (Media) +44 (0)113 285 6784]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/update-on-proposed-hungarian-legislation.aspx</link>
<pubDate>Fri, 04 Nov 2011 00:00:00 GMT</pubDate>
<publishDate>Sun, 18 Mar 2012 12:35:34 GMT</publishDate>
<guid>{975A53AE-6593-417C-8A87-A2A4B985D860}</guid>
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<title><![CDATA[International Personal Finance plc Q3 Interim Management Statement]]></title>
<description><![CDATA[
		International Personal Finance plc Q3 Interim Management Statement is now available to download.
    
      International Personal Finance plc Q3 Interim Management Statement
    ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/25-10-2011.aspx</link>
<pubDate>Tue, 25 Oct 2011 07:20:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:28 GMT</publishDate>
<guid>{CB9DC3C7-B789-4F9E-8F7E-AAE1462CBF66}</guid>
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<title><![CDATA[Shareholder warning — boiler room scams]]></title>
<description><![CDATA[
		
      Important Shareholder News
    
We have been alerted by some of our shareholders to cold calls which they have recently received. The callers purport to represent various entities, including Drexel-Bearns, a US based firm. We believe these are boiler room scams.
These types of calls are typically from overseas based &lsquo;brokers&rsquo; who target UK shareholders. These operations are commonly known as &lsquo;boiler rooms&rsquo;. These &lsquo;brokers&rsquo; can be very persistent and extremely persuasive. Shareholders are advised to be very wary of any unsolicited advice, offers to buy shares at a discount or offers of free company reports. If you receive any unsolicited investment advice:

 Make sure you get the correct name of the person and organisation
 Check that they are properly authorised by the FSA before getting involved by visiting www.fsa.gov.uk/register/ and contacting the firm using the details on the register
 Report the matter to the FSA either by calling 0845 606 1234 or visiting www.fsa.gov.uk/pages/consumerinformation
 If the calls persist, hang up.

In the event that you receive such a call we strongly recommend that you consult your stockbroker, bank manager, solicitor, accountant or other professional adviser authorised under the Financial Services and Markets Act 2000 as soon as possible. Please report such activity to the Financial Services Authority by visiting their website and using the online unauthorised firms reporting form.
For further guidance please read the FSA guidance on boiler room scams.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/03-10-2011.aspx</link>
<pubDate>Mon, 03 Oct 2011 16:32:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:27 GMT</publishDate>
<guid>{6FD96F64-8444-4B2D-A281-70B5576C7038}</guid>
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<title><![CDATA[Proposed lowering of the Hungarian rate cap to 30% APR]]></title>
<description><![CDATA[
		Earlier today, in a speech to the Hungarian parliament, Prime Minister Orban suggested that his government may propose legislation to limit the APR on consumer loans to no more than 30%. We are seeking clarification of the intentions of the Hungarian government.

At this stage, it is not possible to estimate the impact, if any, enactment of this proposal might have on IPF’s Hungarian business. 

IPF’s Hungarian business, in 2010 reported pretax profit of £9.1 million. Its loans have a typical APR of 65%. 

We will continue to review the position and a further announcement will be made as appropriate.

For further information contact: 

Finsbury
James Leviton
+44 (0) 20 7251 3801

Victoria Richmond (Media)
+44 (0) 113 285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/12-09-2011.aspx</link>
<pubDate>Mon, 12 Sep 2011 15:43:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:27 GMT</publishDate>
<guid>{1B9D28ED-552E-480C-B1FB-150F875763F4}</guid>
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<title><![CDATA[Half-yearly financial report for the six months ended 30 June 2011]]></title>
<description><![CDATA[
		
      International Personal Finance plc half-yearly financial report for the six months ended 30 June 2011 published 
    Today, Wednesday 20 July the business released its half-yearly financial report for the months ended 30 June. The full report, interim presentation and webcast will be available on the results centre throughout the day.
    For further information contact:
    
      Finsbury
    
    Charles WatenphulAnjali Unnikrishnan+44 (0) 20 7251 3801
    
      International Personal Finance plc
    
    Rachel Brown (Investor Relations)+44 (0) 113 285 6798
    Victoria Richmond (Media)+44 (0) 113 285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/20-07-2011.aspx</link>
<pubDate>Wed, 20 Jul 2011 08:04:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:24 GMT</publishDate>
<guid>{4802BE69-0257-4015-9FAC-BDAC9C618202}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance plc ("IPF") Update on trading]]></title>
<description><![CDATA[
		At today's Annual General Meeting, the Chairman of IPF, Christopher Rodrigues, will make the following statement: 
    "Further to our Quarter 1 Interim Management Statement issued on 19 April 2011, IPF continues to perform well and in line with our expectations. During the important Easter trading period we have delivered a strong sales performance with growth in credit issued increased from 9% for the first quarter of 2011 to almost 13% for the four months to the end of April, including a much improved performance in Mexico. Alongside this strong sales performance credit quality and impairment remain good. The Group remains confident of further good progress in 2011."
    The interim results for IPF will be published on Wednesday 20 July 2011. 
    For further information contact:
    Finsbury
    Charles WatenphulAnjali Unnikrishnan+44 (0) 20 7251 3801
    International Personal Finance plc
    Rachel Brown (Investor Relations)+44 (0) 113 285 6798Victoria Richmond (Media)+44 (0) 113 285 6873
    AGM Downloads
    
      Notice of the Annual General Meeting and Explanatory Circular to Shareholders is available here. 
    
      International Personal Finance plc ("IPF") Update on trading is available here as a PDF ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/11-05-2011.aspx</link>
<pubDate>Wed, 11 May 2011 00:00:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:24 GMT</publishDate>
<guid>{8903A239-147D-4FD7-8799-BF51FFEB4E41}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance plc Q1 Interim Management Statement]]></title>
<description><![CDATA[
		International Personal Finance Q1 Interim Management Statement is now available to download.
    
      Q1 Interim Management Statement 2011
    ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/19-04-2011.aspx</link>
<pubDate>Tue, 19 Apr 2011 00:00:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:24 GMT</publishDate>
<guid>{00D2AB82-8BDA-4C13-B736-34859D236C61}</guid>
</item>
<item>
<title><![CDATA[Notice of Annual General Meeting and Explanatory Circular to Shareholders]]></title>
<description><![CDATA[
		IPF's Annual General Meeting ('AGM') is to be held at 10.30am on 11 May 2011 at Number Three, Leeds City office Park, Meadow Lane, Leeds, LS11 5BD.
    The notice is set out on pages 2-6 of the circular which is available to download here.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/25-03-2011a.aspx</link>
<pubDate>Fri, 25 Mar 2011 14:01:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:25 GMT</publishDate>
<guid>{F181619A-6D58-4A2B-BEA7-1B1D9638E82D}</guid>
</item>
<item>
<title><![CDATA[IPF Annual Report and Financial Statements 2010, published]]></title>
<description><![CDATA[
		The 2010 Annual Report is now available to view and download, providing information to shareholders and informing wider stakeholders who seek to understand our business better. The report includes a broad range of information about the social and environmental context within which we do business - and so we will not produce a standalone hard copy corporate responsibility report. 
    In place of a standalone corporate responsibility report, the CR section of the IPF website now represents all of IPF's CR activities. Further information on our CR programme can be obtained from IPF's CR team.
    
      View the Annual Report here 
    
      Visit our Corporate Responsibility section here 
    If you have any queries please do not hesitate to contact a member of the team.Victoria Richmond - Communications media@ipfin.co.ukTamsin Fraser - Corporate Responsibilitycorporate.responsibility@ipfin.co.uk
    Rachel Brown- Investor Relationsinvestors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/25-03-2011.aspx</link>
<pubDate>Fri, 25 Mar 2011 09:44:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:26 GMT</publishDate>
<guid>{493C2825-3ACD-4577-AE34-39F39F620C7B}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance plc annual results announcement and statement of dividends for the year ended December 2010]]></title>
<description><![CDATA[
		Today International Personal Finance announces its annual results for the year ended 31 December 2010. 
    
      International Personal Finance plc Annual results announcement and statement of dividends for the year ended 31 December 2010 ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2011/02-03-2011.aspx</link>
<pubDate>Wed, 02 Mar 2011 09:47:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:25 GMT</publishDate>
<guid>{0FAA6CD2-0DC3-4327-B7C8-B2CB95E2A755}</guid>
</item>
<item>
<title><![CDATA[Pre-close update]]></title>
<description><![CDATA[
		International Personal Finance plc ("IPF")
Pre-close update
    Trading
      Quarter 4 trading to date has been good with the group reporting strong year on year growth in customers, credit issued and receivables. At the same time, collections performance remains strong, impairment has continued to improve and costs remain well controlled.  
    With three significant weeks of trading to go before the year end, IPF is on track to report full year results in line with our expectations.
Effective tax rate
In Hungary the rate of corporation tax is to reduce from 19% to 10% with effect from 2013. Whilst this is beneficial in the medium term it will result in a reduction of £4 - 5 million in the group's deferred tax asset. As a result, we expect this one-off charge to increase the group's effective tax rate for 2010 to around 33% but that the effective rate will revert to around 28% in 2011.

The preliminary announcement of our full year results for 2010 will be published on Wednesday 2 March 2011.


For further information contact:
Finsbury
+44 (0) 207 251 3801
James Leviton
Charles Watenphul

International Personal Finance plc
Helen Spivey (Investor Relations)
+44 (0) 113 285 6876
Victoria Richmond (Media) +44 (0) 113 285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/13-12-2010.aspx</link>
<pubDate>Mon, 13 Dec 2010 09:49:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:32 GMT</publishDate>
<guid>{A681EFED-52FA-4DD8-B633-866BAFAFCA7A}</guid>
</item>
<item>
<title><![CDATA[Three year committed bank facilities]]></title>
<description><![CDATA[
		As part of the Group's strategy to diversify its sources of funding and extend its debt maturity profile, IPF today announces that it has secured £200 million of 3 year committed bank facilities maturing in 2013.
    
      click here to view the full announcement.
    For further information contact:
    
      International Personal Finance plc 
    
    Helen Spivey (Investor Relations) +44 (0) 113 285 6876Victoria Richmond (Media) +44 (0) 113 285 6873
    Finsbury +44 (0) 207 251 3801
    James LevitonCharles Watenphul]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/18-11-2010.aspx</link>
<pubDate>Thu, 18 Nov 2010 10:11:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:32 GMT</publishDate>
<guid>{822D57D9-F718-4ECD-927B-C0D329B352C1}</guid>
</item>
<item>
<title><![CDATA[Analyst and Investor Briefing]]></title>
<description><![CDATA[
		International Personal Finance is today hosting a briefing for analysts and investors.  Presentations will be introduced by John Harnett, IPF's Chief Executive Officer, who will highlight the Group's strategic objectives.  David Broadbent, Finance Director, will outline the Group's financial position and Fred Forfar, Development Director, will outline the Group's operations strategy. This will be followed by a session with the respective country teams of the Polish, Hungarian, Czech Republic / Slovakian, Mexican and Romanian markets in which IPF operates. No new information relating to current trading will be provided.  A copy of each presentation can be viewed here.
    For further information contact: International Personal Finance plc  Helen Spivey Investor relations +44 (0)113 285 6876Victoria RichmondMedia+44 (0)113285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/21-10-2010.aspx</link>
<pubDate>Thu, 21 Oct 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:31 GMT</publishDate>
<guid>{78970267-38E2-49A5-A533-839228785377}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance Q3 Interim Management Statement]]></title>
<description><![CDATA[
		International Personal Finance Q3 Interim Management Statement is available here. 
International Personal Finance Q3 Interim Management Statement]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/19-10-2010.aspx</link>
<pubDate>Tue, 19 Oct 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:31 GMT</publishDate>
<guid>{10A75978-DB69-4A9E-8A43-23946AD6EE03}</guid>
</item>
<item>
<title><![CDATA[Polish bonds issued on Catalyst]]></title>
<description><![CDATA[
		International Personal Finance's Polish operation issues 200m zł worth of bonds on the Catalyst platform
    International Personal Finance plc's Polish operation, Provident Polska, today announces that it has issued Polish zloty 200m (£42.9m) bonds maturing 30 June 2015. The bonds are priced at 6 month WIBOR, plus a margin of 750 basis points, and today have been listed on the Polish Catalyst Platform. Poland, where IPF has been trading as Provident Polska since 1997, is the Group's largest and most profitable market. The funds will be used by Provident Polska to further develop its business. At an event held this morning in the Warsaw Stock Exchange to announce the formal listing of the bond David Parkinson, President of Provident Polska commented: "I am delighted with this issue of bonds in the Polish market, which will support Provident Polska's future growth ambitions and will help strengthen our position in the small-sum credit market. In the past 10 years we have served over 3 million customers in Poland and now employ 2,300 staff and 8,700 representatives across the country. We worked really hard to serve our customers and this issue will help us to grow and continuously improve our business here in Poland."
    Contacts:
    Victoria Richmond, Media: +44 (0)113 285 6700]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/07-10-2010.aspx</link>
<pubDate>Thu, 07 Oct 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:33 GMT</publishDate>
<guid>{02A19D3A-6DD8-4BEF-AA3A-1C224EEC86D1}</guid>
</item>
<item>
<title><![CDATA[Polish bond issue]]></title>
<description><![CDATA[
		IPF today announces that, as part of the Group's strategy to diversify its sources of funding and extend its debt maturity profile, Polish zloty 200 million (£42.9 million) Polish bonds maturing 30 June 2015 have been priced. The coupon is a floating rate of 6 month WIBOR (the relevant Polish bank reference rate) plus a margin of 750 basis points. The bonds will be listed on the alternative trading system arranged by  BondSpot S.A. in Warsaw (Catalyst bond platform).
The proceeds of the issue will be used to pay down a portion of bank borrowings.
The book-runner was Bank Polska Kasa Opieki S.A., a subsidiary of Unicredit Group.

Susan Tudor-CoulsonDeputy Company Secretary+44 (0) 113 285 6868    For further information contact:John Mitra (Media)+44 (0) 113 285 6784]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/24-09-2010.aspx</link>
<pubDate>Fri, 24 Sep 2010 00:00:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:34 GMT</publishDate>
<guid>{961A1F94-3263-4666-853A-00334231A06C}</guid>
</item>
<item>
<title><![CDATA[Bond Issue: Publication of final terms]]></title>
<description><![CDATA[The final terms dated 3 August 2010 relating to the issue by IPF on 6 August 2010 of €225,000,000 11.50 per cent bonds due 2015 (the "Notes") have been submitted to the UK Listing Authority and are available for viewing. The Notes are to be issued under IPF's €1,000,000,000 euro medium*term note programme (the "Programme") established on 19 April 2010. Application has been made for the Notes to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange with effect from 6 August 2010. To view the final terms, please click here. The final terms of the Notes must be read in conjunction with the prospectus dated 19 April 2010 (and supplement thereto dated 23 July 2010) issued in connection with the Programme and which constitutes a base prospectus for the purposes of Article 5.4 of Directive 2003/71/EC. For further information contact: International Personal Finance plc Susan Tudor-Coulson (Deputy Company Secretary) +44 (0) 113 285 6868Helen Spivey (Investor Relations) +44 (0) 113 285 6876Victoria Richmond (Media) +44 (0) 113 285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/03-08-2010.aspx</link>
<pubDate>Tue, 03 Aug 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:34 GMT</publishDate>
<guid>{335BE824-57C4-4254-856C-F09A72F58B2C}</guid>
</item>
<item>
<title><![CDATA[Bond Issue]]></title>
<description><![CDATA[
		IPF today announces that, as part of its strategy to diversify its sources of funding and extend its debt maturity profile, it has priced €225 million 5 year bonds (the "Notes") at a fixed coupon of 11.5%. The Notes are to be issued under its euro medium-term note programme (the "Programme") established on 19 April 2010. IPF has a long-term credit rating of  BB+ from Fitch Ratings and the Notes are expected to be rated BB+ by Fitch. 
    The proceeds of the issue will be used to pay down a portion of existing bank borrowings. As a result of this transaction Group interest costs are expected to increase from just over 5% of revenue to approximately 7.5% for 2011. Interest rate swaps relating to these bank borrowings will be closed out, which will result in a one-off cost of £6m which will be treated as an exceptional item in the reporting of the Group results. 
    The book-runners were Citigroup Global Markets Limited and HSBC Bank plc. 
    Commenting, David Broadbent, Group Finance Director, said:
    "We are delighted to announce our inaugural public bond issue. Its success reflects our strong financial position and good trading performance. IPF has excellent opportunities for sustained, profitable growth and this transaction is important because it strengthens our overall funding structure by diversifying and extending the maturity of our debt and provides finance for growth in new and existing markets".
    Rosamond J Marshall SmithGeneral Counsel & Company Secretary+44 (0) 113 285 6842
    For further information contact:
    International Personal Finance plc Helen Spivey (Investor Relations)+44 (0) 113 285 6876
    Victoria Richmond (Media)+44 (0) 113 285 6873
    Finsbury
    James LevitonCharles Watenphul+44 (0) 207 251 3801]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/30-07-2010.aspx</link>
<pubDate>Fri, 30 Jul 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:33 GMT</publishDate>
<guid>{DEDDE6B3-6D7A-40D2-AE97-7C1B913AB4AE}</guid>
</item>
<item>
<title><![CDATA[Interim management report for the six months ended 30 June 2010]]></title>
<description><![CDATA[
		
      The Interim management report for the six months ended 30 June 2010 is available to view here. 
    Our key performance statistics are available in Excel spreadsheet format for you to download. 
    Visit our Results, publications and presentations section to download the PDF and to view the presentation slides and webcast. ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/22-07-2010.aspx</link>
<pubDate>Thu, 22 Jul 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:33 GMT</publishDate>
<guid>{3A0A5FB9-0FC0-4D01-9268-466F481E7BB5}</guid>
</item>
<item>
<title><![CDATA[Pre-Close Trading Update]]></title>
<description><![CDATA[
		IPF is continuing to make good progress. Credit issued is growing steadily and credit quality in all markets is good. As expected, second quarter performance is benefiting from the reversal of impairment charges taken during the weather-affected first quarter of the year and as a result trading in April, May, and for the year to date, has been ahead of plan. 
    There are two full weeks to complete before the half-year but trading in the first 3 weeks of June was in line with our expectations. We have seen no adverse impact as a result of the economic uncertainty that has followed from the Greek sovereign debt crisis and we are pleased with the continuing good progress in our Hungarian business. However, our credit controls remain cautiously set, particularly in Romania, where the impact of the government's reduction in public sector pay and pensions has yet to be felt.
    The Company's half-yearly financial report will be published on Thursday, 22 July 2010 and will be accompanied by an analyst briefing.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/23-06-2010.aspx</link>
<pubDate>Wed, 23 Jun 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:31 GMT</publishDate>
<guid>{6892F7E9-7B6A-47E4-AD79-16995626FDAD}</guid>
</item>
<item>
<title><![CDATA[Annual General Meeting 2010]]></title>
<description><![CDATA[
		The 2010 International Personal Finance plc Annual General Meeting ("AGM") was held at 10.30am on Wednesday 12 May 2010 at International Personal Finance, Number Three Leeds City Office Park, Meadow Lane, Leeds LS11 5BD. 
    For details of the proxy votes cast in respect to each resolution, please click here]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/12-05-2010c.aspx</link>
<pubDate>Wed, 12 May 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:28 GMT</publishDate>
<guid>{E12A6CC0-343A-4B5F-8058-94AB8EB9A901}</guid>
</item>
<item>
<title><![CDATA[Confirmation of board changes]]></title>
<description><![CDATA[
		Further to the announcement made on 3 March 2010, IPF confirms that at the Company's annual general meeting held earlier today John Lorimer was elected as a non-executive director of the Company and Ray Miles retired as a non-executive director of the Company. Tony Hales has replaced Ray Miles as the senior independent director.  
    Rosamond J Marshall SmithGeneral Counsel & Company Secretary Tel: 0113 285 6842 ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/12-05-2010a.aspx</link>
<pubDate>Wed, 12 May 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:29 GMT</publishDate>
<guid>{C9AADDB6-1186-40B3-9413-9D08A245D929}</guid>
</item>
<item>
<title><![CDATA[AGM: Update on trading and funding]]></title>
<description><![CDATA[
		At today's Annual General Meeting, the Chairman of IPF, Christopher Rodrigues, will make the following statement:
    "IPF continues to make good progress. In Poland and, more broadly, in Central Europe we are benefiting from an improving collections performance and reduced levels of impairment as the impact of the adverse weather conditions in January and February begins to reverse. Trading in April was ahead of plan.
    We have sufficient committed bank facilities to fund the development of our business through until October 2011 and we plan during 2010 to extend the maturity of our debt funding and diversify its sources. As a first step towards this, in recent weeks we have established our Euro Medium Term Notes Programme and published our credit rating from Fitch. Together these provide us with the potential to access the public debt markets."
    The interim results for IPF will be published on Thursday 22 July 2010 and will be accompanied by an analyst briefing.
    If you have any queries please do not hesitate to contact a member of the team.Helen Spivey - Investor Relations investors@ipfin.co.ukVictoria Richmond - Communications media@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/12-05-2010.aspx</link>
<pubDate>Wed, 12 May 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:29 GMT</publishDate>
<guid>{2BCADA52-4F58-4C90-8715-D3DC8EDD414C}</guid>
</item>
<item>
<title><![CDATA[Announcement of EMTN programme and issue of prospectus]]></title>
<description><![CDATA[		IPF announces that, as part of its strategy to diversify its sources of funding and extend its debt maturity profile, it has today established a €1,000,000,000 euro medium-term note programme ("the Programme") for the issuance by IPF of senior unsecured notes. The programme has been arranged by Citigroup Global Markets Limited, and has been rated BB+ by Fitch.IPF has engaged Citi and HSBC to advise it on potential future issuance under the Programme.The base prospectus dated 19 April 2010, which has been issued by IPF in connection with the Programme, has been approved by the UK Listing Authority and is available for viewing ("the Prospectus").
    To view the Prospectus, click here.Other documents incorporated by reference can be found below:Annual Report and Financial Statements 2008Annual Report and Financial Statements 2009Interim Management Statement Q1 2010Email: investors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/19-04-2010.aspx</link>
<pubDate>Mon, 19 Apr 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:28 GMT</publishDate>
<guid>{E4649005-BAA3-491A-83FC-070F8742AF88}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance Q1 Interim Management Statement]]></title>
<description><![CDATA[
		International Personal Finance Q1 Interim Management Statement

    International Personal Finance Q1 Interim Management Statement is available here.
    
      International Personal Finance Q1 Interim Management Statement
    ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/14-04-2010.aspx</link>
<pubDate>Wed, 14 Apr 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:29 GMT</publishDate>
<guid>{4D87F69F-C5C2-4345-A921-4F4BD31BFA2F}</guid>
</item>
<item>
<title><![CDATA[Long-term credit rating]]></title>
<description><![CDATA[
		As part of the strategy to diversify sources of funding, the Company has obtained a long-term credit rating of BB+ from Fitch.
      Rosamond J Marshall SmithGeneral Counsel & Company Secretary 
      Email: investors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/31-03-2010.aspx</link>
<pubDate>Wed, 31 Mar 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:30 GMT</publishDate>
<guid>{F7A0F318-4A33-4FD1-B0C4-4FE5CFF0C6C2}</guid>
</item>
<item>
<title><![CDATA[Annual Report & Financial Statements 2009, published]]></title>
<description><![CDATA[
		The 2009 Annual Report is now available to view and download, providing information to shareholders and informing wider stakeholders who seek to understand our business better. It is distinct to previous publications, including a broader range of information about the social and environmental context within which we do business than in previous years - and so we will not produce a standalone hard copy corporate responsibility report. 
    We have integrated more material non-financial data and we hope this gives a fuller picture of the Group's current performance and future potential. We believe our corporate responsibility obligations underpin our vision, values and business principles. They are an integral part of how we do business and we have reflected this, for the first time, by securing external assurance on some of our customer-related key non-financial performance indicators. We have done this as we believe customer treatment to be material to the business.
    In place of a standalone corporate responsibility report, the CR section of the IPF website now represents all of IPF's CR activities and has been re-launched today with a fresher and up to date content and design. Further information on our CR programme can be obtained from IPF's Corporate Responsibility team.
    To view the Annual Report please click here.
    To view our Corporate Responsibility programme please click here. 
    If you have any queries please do not hesitate to contact a member of the team.Victoria Richmond - Communications media@ipfin.co.uk Niki Simpson - Corporate Responsibility corporate.responsibility@ipfin.co.uk
    Helen Spivey - Investor Relations investors@ipfin.co.uk]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/17-03-2010.aspx</link>
<pubDate>Wed, 17 Mar 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:30 GMT</publishDate>
<guid>{9BBE3A2A-E03B-4026-AD01-AE0F8E799BBE}</guid>
</item>
<item>
<title><![CDATA[Preliminary announcement of the final results and statement of dividends - year ended 31 December 2009]]></title>
<description><![CDATA[
		International Personal Finance today announces the Preliminary announcement of the final results and statement of dividends - year ended 31 December 2009. To view the webcast and presentation please click here.
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/03-03-2010.aspx</link>
<pubDate>Wed, 03 Mar 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:30 GMT</publishDate>
<guid>{C5C50A53-9F65-49B8-B6B6-C9755384DB78}</guid>
</item>
<item>
<title><![CDATA[Exchange rate hedging ]]></title>
<description><![CDATA[
		Please click here to view this latest announcement.
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2010/19-01-2010.aspx</link>
<pubDate>Tue, 19 Jan 2010 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:30 GMT</publishDate>
<guid>{B9141C15-BEDE-460A-A3D2-CCA022A01A21}</guid>
</item>
<item>
<title><![CDATA[Pre-close update]]></title>
<description><![CDATA[
		IPF continues to make good progress and with three significant weeks of trading to go before the year end including the key Christmas period, we expect that if present trends continue the Group's full year results will slightly exceed expectations.
    The preliminary announcement of our full year results for 2009 will be published on Wednesday 3 March 2010.
    For further information contact:
    Finsbury +44 (0) 207 251 3801James LevitonCharles Watenphul
    International Personal Finance plcHelen Spivey (Investor Relations) +44 (0) 113 285 6876Victoria Richmond (Media) +44 (0) 113 285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/15-12-2009.aspx</link>
<pubDate>Tue, 15 Dec 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:20 GMT</publishDate>
<guid>{C731C1D4-70AB-45AB-BA2B-51D339FF1B5A}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance Q3 Interim Management Statement ]]></title>
<description><![CDATA[
		International Personal Finance Q3 Interim Management Statement is available here.
    
      International Personal Finance Q3 IMS
    ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/12-10-2009.aspx</link>
<pubDate>Mon, 12 Oct 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:20 GMT</publishDate>
<guid>{0B3E685B-1DB4-47E7-BBB5-4898DC6A296F}</guid>
</item>
<item>
<title><![CDATA[Interim management report for the six months ended 30 June 2009]]></title>
<description><![CDATA[
		The Interim management report for the six months ended 30 June 2009 is available to view here. 
    Our key performance statistics are available in Excel spreadsheet format for you to download. 
    Visit our Results, publications and presentations section to download the PDF and to view the presentation slides and webcast.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/23-07-2009.aspx</link>
<pubDate>Thu, 23 Jul 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:19 GMT</publishDate>
<guid>{C7BA2E41-669C-4ED5-88BB-065A8A68B40D}</guid>
</item>
<item>
<title><![CDATA[Trading update ]]></title>
<description><![CDATA[
		Since the publication of the Interim Management Statement on 8 May 2009, trading has been in line with management's expectations. The company's half-yearly financial report will be published on Thursday, 23 July 2009 and will be accompanied by an analyst briefing. 
    For further information contact: 
    International Personal Finance plc 
    Steve Jones - +44 (0)113 285 6846]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/26-06-2009.aspx</link>
<pubDate>Fri, 26 Jun 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:21 GMT</publishDate>
<guid>{F7F2F625-F92F-4CA4-BB18-D50BF2DD06AE}</guid>
</item>
<item>
<title><![CDATA[Annual General Meeting 2009]]></title>
<description><![CDATA[
		The 2009 International Personal Finance plc Annual General Meeting ("AGM") was held at 10.30am on Wednesday 13 May 2009 at International Personal Finance, Number Three Leeds City Office Park, Meadow Lane, Leeds LS11 5BD. 
    For details of the proxy votes cast in respect to each resolution, please click here.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/13-05-2009a.aspx</link>
<pubDate>Wed, 13 May 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:21 GMT</publishDate>
<guid>{E49F4194-D9CC-45A9-ABF6-57CA4CC83298}</guid>
</item>
<item>
<title><![CDATA[Appointment of Executive Director]]></title>
<description><![CDATA[
		
      
        Further to the announcement made on 23 March 2009, International Personal Finance plc confirms that Craig Shannon was elected as an executive director of the Company at the Company's annual general meeting held earlier today. 
      
    
    Rosamond J Marshall Smith
    General Counsel & Company Secretary
    Tel: 0113 285 6842]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/13-05-2009.aspx</link>
<pubDate>Wed, 13 May 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:21 GMT</publishDate>
<guid>{FAF95133-DC52-4AC0-8F1E-CD8D87FE63C9}</guid>
</item>
<item>
<title><![CDATA[Interim Management Statement]]></title>
<description><![CDATA[
		  This constitutes the Interim Management Statement of International Personal Finance plc ("IPF"), in accordance with the UK Listing Authority's Disclosure and Transparency Rules. The purpose of this Interim Management Statement, the full text of which is set out below, is to provide an update on the performance of IPF from the start of 2009 up to the date of publication, along with an update of its financial position. The statement is as follows: "All markets with the exception of Hungary are performing in line with expectations. Our developing markets in Mexico and Romania are progressing to plan and the outbreak of Swine Flu in Mexico has not affected performance. We remain on track for Mexico to report a profit for 2009 and for Romania to report a much reduced loss.Economic and trading conditions within Central Europe vary considerably. In Poland and Czech/Slovakia we experienced a sharp downturn in collections performance and a rise in impairment in January and February but in March and April collections performance was much improved and impairment levels were reduced. In most branch locations in these markets we are now able to relax the very tight credit criteria we imposed in October of last year and return to controlled growth in customer numbers and credit issued.Hungary has been hardest hit by the global recession. It is clear that many of our customers are facing real and substantial problems in making loan repayments and, as a result, our collections performance has been well below the expected level. Impairment charges have risen sharply and pre-tax profits for the first four months of 2009 were £8 million short of our budget. We think it likely that economic conditions will remain difficult throughout this year and consequently management remains focused on collections and improving credit quality. Nevertheless, we estimate the results for Hungary for 2009 will be £20 million to £30 million below our expectations. At this stage of the year and in the current environment it is very difficult to guide on the outlook for this year. In particular we cannot know whether or not the recent more positive trends we have seen will continue and so help to offset the underperformance we now believe is likely in Hungary. Whilst we believe that IPF will deliver good results considering the current difficult economic environment it is likely, as a result of the underperformance in Hungary, that the outcome for 2009 will be substantially less than our expectations.Our balance sheet remains strong and well funded. There have been no significant changes in the financial position of the Group since the publication of the Annual Report and Financial Statements for the year ended 31 December 2008, other than referred to above. We continue to expect that the group will comfortably meet all of its banking covenants. In summary, the extent and duration of the economic downturn in each of the markets in which we operate is becoming clearer. After a difficult start to the year conditions and the performance of our business are improving in all markets except Hungary. There conditions are very difficult. Our local team is performing well and we are working hard to help customers through difficult times and maintain good and profitable customer relationships. We have a resilient business model and are well funded. The Board remains confident that IPF is well placed to weather the downturn and to respond rapidly and grow when conditions improve." The interim results for IPF will be published on Thursday, 23 July 2009 and will be accompanied by an analyst briefing. For further information contact: Finsbury Vanessa Neill -          +44 (0)207 251 3801 International Personal Finance plc Victoria Richmond -   +44 (0)113 285 6873
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/08-05-2009.aspx</link>
<pubDate>Fri, 08 May 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:18 GMT</publishDate>
<guid>{D8ECCFFB-D0FA-477D-9BE8-C0163D3BA78E}</guid>
</item>
<item>
<title><![CDATA[Closure of Russian market pilot]]></title>
<description><![CDATA[
		The Board of International Personal Finance plc has decided to discontinue its pilot operation in Russia with immediate effect. 
    Since commencement of the pilot with the acquisition of a Russian Bank licence at the end of 2007, economic trends in Russia and the world economy have combined to indicate that our roll-out plans, and our path to profit in Russia, would inevitably be slower than originally planned. The Board has therefore concluded that it would not be the best use of the Group's resources to continue with the development of the Russian market. 
    At the end of March 2009, the Russian pilot comprised 875 customers, £0.2 million of net customer receivables and 71 employees. 
    Trading losses in 2009 are expected to amount to approximately £3.0 million. In addition pre-tax closure costs of £7.8 million are expected, comprising winding-up costs of £3.7 million and the write-off of goodwill, customer receivables and fixed assets of £4.1 million. There will also be a one-off tax charge of £2.0 million relating to the write-off of a deferred tax asset. 
    Our new market research programme continues as planned and, when the world economy returns to more settled conditions, we will seek to take advantage of opportunities to enter new markets in line with our strategy of geographic expansion. In the meantime our focus will be on realising the significant development opportunities in our established Central European businesses and our developing markets in Mexico and Romania. 
    Rosamond J Marshall SmithGeneral Counsel & Company Secretary 
    29 April 2009 
    Contacts for further information:
    Victoria Richmond - 0113 285 6873 - media
    Steve Jones - 0113 285 6846 - investor relations]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/29-04-2009.aspx</link>
<pubDate>Wed, 29 Apr 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:18 GMT</publishDate>
<guid>{FA36A5F0-9C83-466F-8A15-84CA800F46FC}</guid>
</item>
<item>
<title><![CDATA[Notice of Annual General Meeting 2009]]></title>
<description><![CDATA[
		The 2009 International Personal Finance plc Annual General Meeting ("AGM") will be held at 10.30am on Wednesday 13 May 2009 at International Personal Finance, Number Three Leeds City Office Park, Meadow Lane, Leeds LS11 5BD. 
    
      Notice of Annual General Meeting 2009
    ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/08-04-2009.aspx</link>
<pubDate>Wed, 08 Apr 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:17 GMT</publishDate>
<guid>{9ABF8142-1F00-4C18-8FF1-632A641C3B0E}</guid>
</item>
<item>
<title><![CDATA[2008 Corporate Responsibility Report]]></title>
<description><![CDATA[
		International Personal Finance ('IPF') has published its Corporate responsibility report, which can be viewed and downloaded at  http://www.ipfincrreport.co.uk/cr08/index.asp
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/06-04-2009a.aspx</link>
<pubDate>Mon, 06 Apr 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:19 GMT</publishDate>
<guid>{B6523059-EF63-40C3-9D1B-94AB83C30B3B}</guid>
</item>
<item>
<title><![CDATA[2008 Annual Report and Financial Statements]]></title>
<description><![CDATA[International Personal Finance ('IPF') has published its Annual Report and Financial Statements for 2008. You can view the full report or download selected sections here.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/06-04-2009.aspx</link>
<pubDate>Mon, 06 Apr 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:19 GMT</publishDate>
<guid>{67E1915A-4F55-4079-96CF-88C12518F1F0}</guid>
</item>
<item>
<title><![CDATA[Preliminary announcement of the final results and statement of dividends - year ended 31 December 2008]]></title>
<description><![CDATA[
		International Personal Finance today announces the Preliminary announcement of the final results and statement of dividends - year ended 31 December 2008.  ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2009/04-03-2009.aspx</link>
<pubDate>Wed, 04 Mar 2009 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:19 GMT</publishDate>
<guid>{30FF179D-0420-4364-BE76-EE7609C947C2}</guid>
</item>
<item>
<title><![CDATA[Pre close trading update 2008]]></title>
<description><![CDATA[The pre close trading update for International Personal Finance is now available.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/17-12-2008.aspx</link>
<pubDate>Wed, 17 Dec 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:14 GMT</publishDate>
<guid>{5ECDCAB1-4D79-42FB-87DB-BDFAF8491EF7}</guid>
</item>
<item>
<title><![CDATA[Interim Management Statement October 2008 ]]></title>
<description><![CDATA[
		Interim Management Statement October 2008
]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/22-10-2008.aspx</link>
<pubDate>Wed, 22 Oct 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:13 GMT</publishDate>
<guid>{B4A0808D-7A5A-4378-A69A-9D8828D442B7}</guid>
</item>
<item>
<title><![CDATA[Interim management report for the six months ended 30 June 2008]]></title>
<description><![CDATA[The Interim management report for the six months ended 30 June 2008 is available to view here.Our key performance statistics are available in Excel spreadsheet format for you to download. Visit our Results, publications and presentations section to download the PDF and to view the presentation slides and webcast.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/23-07-2008.aspx</link>
<pubDate>Wed, 23 Jul 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:14 GMT</publishDate>
<guid>{29989CDC-398C-4618-BFC3-666198F86B57}</guid>
</item>
<item>
<title><![CDATA[Analyst and Investor Central European briefing]]></title>
<description><![CDATA[
		
      International Personal Finance plc ("IPF" or "the Group") is a fast growing international business offering small sum loans to customers in six countries. 
    
    International Personal Finance is today hosting a visit for analysts and institutional investors. The event will focus on IPF's Central European operations. The day will be introduced by Christopher Rodrigues, IPF's Executive Chairman, who will highlight the Group's strategic objectives. This will be followed by a series of presentations from the respective country managers of the Polish, Hungarian and Czech Republic / Slovakian markets in which IPF operates. No new information relating to current trading will be provided. 
    For further information contact:
    International Personal Finance plc
    Helen Spivey Investor relations +44 (0)113 285 6876
    Victoria RichmondMedia+44 (0)113285 6873]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/19-06-2008.aspx</link>
<pubDate>Thu, 19 Jun 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:15 GMT</publishDate>
<guid>{543810E7-1360-482B-8FF7-AFF83D6C527E}</guid>
</item>
<item>
<title><![CDATA[IPF included in FTSE4Good Index]]></title>
<description><![CDATA[
		We are happy to report that following review as a stand alone company, International Personal Finance has been included in the FTSE4Good index. 
    The FTSE4Good measures the performance of companies that meet globally recognised corporate responsibility standards. Inclusion in this index is important as it is a reference point for investors looking to for socially responsible stocks. 
    "We are delighted to be included in the FTSE4Good Index" says John Mitra, director of marketing and communications, "Operating as a responsible company is at the heart of what we do. We believe proactively seeking to treat our employees, customers and communities well is key to the success of our business. 
    "Being a member of this highly regarded index sends a powerful message to investors and other stakeholders about our company's commitment to responsible business practice. Investors are increasingly concerned with the management of social, environmental and ethical risks and our inclusion in this index demonstrates we have good policies and systems in place."]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/06-06-2008.aspx</link>
<pubDate>Fri, 06 Jun 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:15 GMT</publishDate>
<guid>{3E70E243-3D8E-4753-A358-8FB9E92248AD}</guid>
</item>
<item>
<title><![CDATA[Interim Management Statement]]></title>
<description><![CDATA[International Personal Finance plcFurther re Interim Management StatementOn 14 May 2008, the Board of International Personal Finance plc ('IPF') issued an Interim Management Statement and, within that, noted that the Group was benefiting from favourable exchange rates. The purpose of this announcement is to confirm that we have now put foreign exchange hedging in place to cover 90% of our forecast Central European profits for the remainder of the year, with the result that the effective exchange rates used for the translation of 2008 profits will be approximately 20% more favourable than those used in 2007.END]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/19-05-2008.aspx</link>
<pubDate>Mon, 19 May 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:13 GMT</publishDate>
<guid>{1885D469-F697-4105-85F4-3C721F87CFC4}</guid>
</item>
<item>
<title><![CDATA[AGM Resolutions]]></title>
<description><![CDATA[
		At the company's annual general meeting held at Kingsway Hall Hotel in London earlier today (14 May 2008) all resolutions were passed on a show of hands. 
    Copies of the relevant resolutions have been submitted to the UK Listing Authority's Document Viewing Facility which is situated at 25 The North Colonnade, Canary Wharf, London, E14 5HS. 
    A summary of the proxies cast in respect of each resolution is set out in this Appendix. 
    Name of contact and telephone number for queries:Susan Tudor-Coulson Deputy Company Secretary]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/14-05-2008a.aspx</link>
<pubDate>Wed, 14 May 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:11 GMT</publishDate>
<guid>{1B163132-D738-4A51-8E54-C6524E54B3AD}</guid>
</item>
<item>
<title><![CDATA[Interim Management Statement]]></title>
<description><![CDATA[
		At today's Annual General Meeting, the Chairman of International Personal Finance plc ("IPF"), Christopher Rodrigues, will make the following trading statement. This constitutes the first Interim Management Statement of IPF, in accordance with the UK Listing Authority's Disclosure and Transparency Rules. The purpose of this Interim Management Statement, the full text of which is set out below, is to provide an update on the performance of IPF from the start of 2008 up to the date of publication, along with an update of its financial position. No material events and transactions have taken place during the period.
    The statement is as follows: 
    "IPF has made a good start to 2008. 
    Our Central Europe businesses are performing well driven by good year on year growth in customer numbers and credit issued coupled with continued good credit quality. Good underlying profit growth has been further enhanced by favourable exchange rates which overall were approximately 25% better than for the same period of last year. We intend to hedge our profit for the remainder of the year in the near future. 
    In Mexico, the significant improvement in credit quality seen in the fourth quarter of 2007 has continued, albeit with some further reduction in customer numbers. The combined effect is a substantially reduced level of impairment and an improved trading performance. With credit quality much improved our focus is now on controlled growth in customer numbers and credit issued per customer as we move towards our target of profit for Mexico in 2009. 
    In Romania, we have continued to expand our infrastructure with the opening of 7 branches, which now brings our total network to 14. Customer numbers are growing well and credit quality remains good. In Russia, we have established our operations in Moscow and remain on track to begin trading around the half year. 
    There have been few signs of the pressures on the global economy affecting our performance in any of our markets, but we continue to monitor this closely and maintain our cautious stance on credit. 
    The balance sheet remains strong and well funded. There have been no significant changes in the financial position of the Group since the publication of the Annual Report and Financial Statements for the year ended 31 December 2007. 
    This encouraging start to the year gives the Board confidence that 2008 will prove to be another year of good progress across the business." 
    The interim results for IPF will be published on Wednesday, 23 July 2008 and will be accompanied by an analyst briefing which will be given by Christopher Rodrigues (Chairman), John Harnett (Chief Operating Officer) and David Broadbent (Finance Director). 
    For further information contact: 
    Finsbury +44 (0)207 251 3801 
    James Leviton 
    Vanessa Neill 
    International Personal Finance plc 
    Helen Spivey (Investor Relations) +44 (0)113 285 6876 John Mitra (Media) +44 (0)113 285 6784 ]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/14-05-2008.aspx</link>
<pubDate>Wed, 14 May 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:11 GMT</publishDate>
<guid>{A5537F67-4445-4BD2-8F97-44E9DB8EAB60}</guid>
</item>
<item>
<title><![CDATA[Notice of Annual general Meeting 2008]]></title>
<description><![CDATA[International Personal Finance's first Annual General Meeting ("AGM") will be held at 11.30am on 14 May 2008 at Kingsway Hall Hotel, London. The formal notice of AGM is set out in pages 2 to 5 of the circular. Notice of Annual General Meeting 2008.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/14-04-2008a.aspx</link>
<pubDate>Mon, 14 Apr 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:12 GMT</publishDate>
<guid>{94ADD5BB-6FDC-4072-9C37-6A02B21FF16C}</guid>
</item>
<item>
<title><![CDATA[2007 Annual Report & Financial Statements and Corporate Responsibility Report]]></title>
<description><![CDATA[
		International Personal Finance ('IPF') has published its maiden Annual Report & Financial Statements for 2007. You can view the full report or download selected sections at http://www.ipfinannualreport.co.uk.
		IPF has also published its maiden Corporate responsibility report, which can also be viewed and downloaded at http://www.ipfincrreport.co.uk.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/14-04-2008.aspx</link>
<pubDate>Mon, 14 Apr 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:12 GMT</publishDate>
<guid>{A8D78AA0-A4B7-4F21-897A-690BB985988C}</guid>
</item>
<item>
<title><![CDATA[Preliminary announcement of the final results and statement of dividends - year ended 31 December 2007]]></title>
<description><![CDATA[International Personal Finance today announces the Preliminary announcement of the final results and statement of dividends - year ended 31 December 2007.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2008/05-03-2008.aspx</link>
<pubDate>Wed, 05 Mar 2008 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:12 GMT</publishDate>
<guid>{F49138A0-EAD5-482C-A27E-48264D199494}</guid>
</item>
<item>
<title><![CDATA[International Personal Finance plc ("IPF" or "the Group") Pre-Close Update]]></title>
<description><![CDATA[
		International Personal Finance plc (IPF), the recently listed international company offering small sum, unsecured credit to 1.9 million customers in six emerging markets, today issues an update on trading ahead of its close period.  The Board is pleased to announce that good progress is being made in the second half of the financial year.  We have seen growth and a continuation of good credit quality in Central Europe.  Consequently, we expect the Group's maiden results for the year ended 31 December 2007, to report pre-tax profit a little ahead of the market consensus of £46 million, compared with pro forma pre-tax profit for 2006 of £39.9 million.
     Central Europe
     The Central European business is performing well.  We expect customer numbers to show moderate growth in the second half, with stronger growth in credit issued. Credit quality remains good and impairment levels have remained at a low level and are stable. Overall, we continue to expect the region to report strong profit growth for 2007. 
   Mexico 
      We continue to implement our performance improvement plan in Mexico.  In both the Puebla and Guadalajara regions, the measures taken to improve credit quality are beginning to yield improvement in collection performance and in due course we expect this to feed through into reduced impairment. 
    In the Puebla region, we identified at the half year seven branches that were performing poorly and were subject to special measures to improve performance.  We are seeing clear signs of improvement in five of them.  We will provide more detailed information when we announce our final results in March. 
    We expect our investment this year in start-up losses in Mexico to be around £13 million. In line with our previous guidance, we continue to target profit from this market for 2009.  
    Romania 
     Following national roll-out in June, Romania has continued to progress to plan.  A further two branches have been opened in the second half of the year, increasing our network to seven branches.  Customer growth remains good, as does credit quality and impairment.  As previously announced, we continue to expect our investment this year in start-up losses to be £3 - 4 million and that Romania will be profitable for 2010.
    New Countries
      In Russia, we are close to acquiring a small bank to facilitate market entry with a pilot in the Spring of 2008. Our market research of India and Ukraine is progressing well. 
    Tax
      We continue to expect our tax rate for the year to be approximately 30%. 
   Dividend 
      As previously noted, and in the absence of unforeseen circumstances, the full year dividend in respect of 2007 will be 4.75 pence per share, including the interim dividend already paid of 1.90 pence per share.
   Balance Sheet  
      The balance sheet remains strong and, as noted in the previous trading update, committed bank facilities are in place to support our growth strategy through to Spring 2010. 
    Regulation and Legislation
      At the time of the trading update in September we highlighted that there had been discussion about the development of legislation to introduce a cap on interest rates charged by lenders in Slovakia and Hungary.  In Slovakia, although the precise details are still to be finalised, we expect rate cap legislation to be implemented in early 2008, but are confident that, as we have done in Poland, we will be able to respond to this change and that there will not be a negative impact on the business.  There have been no further significant developments in Hungary.
  Outlook  
      IPF Group Executive Chairman, Christopher Rodrigues, concluded:
    "We are pleased with the Group's trading performance, the continued excellent credit performance in Central Europe and the strength of our balance sheet.  We expect that results for the full year will be a little ahead of market consensus and we continue to make good progress towards our longer-term objectives."
    An analyst briefing of the full year results for IPF will be given by Christopher Rodrigues (Executive Chairman), John Harnett (Chief Operating Officer) and David Broadbent (Finance Director) on Wednesday, 05 March 2008.
    Enquiries: 
   Media
    Victoria Richmond, IPF                       0113 285 6873
    Vanessa Neill, Finsbury                     020 7251 3801 
    Ryan O'Keeffe, Finsbury                    020 7251 3801
    Investor Relations
    Helen Spivey, IPF                              0113 285 6876]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2007/12-12-2007.aspx</link>
<pubDate>Wed, 12 Dec 2007 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:16 GMT</publishDate>
<guid>{404009CB-4F3F-4C1D-85A2-9891A98A0FF2}</guid>
</item>
<item>
<title><![CDATA[Trading update and statement of dividends - six months ended 30 June 2007 ]]></title>
<description><![CDATA[
		International Personal Finance ("IPF" or "the Group") is a fast-growing international business offering home credit to 1.9 million customers in six countries. 
    
      This document provides a pro forma trading update for IPF for the first half of 2007. The results include the pro forma adjustments required to present the results of IPF as if it had operated as a stand alone entity throughout the first half of 2007 and the comparative periods presented.
    Visit our Results, publications and presentations section to download the PDF and to view the presentation slides and webcast.]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2007/11-09-2007.aspx</link>
<pubDate>Tue, 11 Sep 2007 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:17 GMT</publishDate>
<guid>{A9CE2696-3B59-47B4-A07E-8BBE2F8607CA}</guid>
</item>
<item>
<title><![CDATA[The London Stock Exchange is delighted to welcome International Personal Finance plc to the Main Market]]></title>
<description><![CDATA[
		International Personal Finance (IPF) specialises in small, unsecured cash loans delivered by a network of 28,000 agents direct to customers' homes.
    IPF's success has been based upon its aim of being a leading provider of simple, fair and transparent financial products and services. These services are fast, accessible, inclusive, personal and flexible.
    
      IPF is being demerged out of Provident Financial Group plc, which was founded in 1880. Provident Financial started to expand internationally with the opening of its Polish operation in 1997. IPF currently operates in 6 countries, has 1.8 million customers and employs over 5,000 people.Christopher Rodrigues, Executive Chairman of IPF, said, "Today is a proud day for IPF, as we start our life as an independent publicly listed company on the London Stock Exchange. The listing allows investors to make a pure investment play into the attractive and rapidly growing world of consumer finance in emerging markets, coupled with the liquidity of the LSE and the excellent access to management afforded by a UK head office. On behalf of the board, I would like to take this opportunity to thank all of those involved in the transaction for their hard work. We look forward to a thriving future as a plc and to extending our fruitful and successful relationship with our clients, employees, and shareholders."]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2007/16-07-2007.aspx</link>
<pubDate>Mon, 16 Jul 2007 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:16 GMT</publishDate>
<guid>{A990B7F2-4F16-4029-BA69-2EECF3963D0B}</guid>
</item>
<item>
<title><![CDATA[Circular and Prospectus in relation to the proposed demerger]]></title>
<description><![CDATA[
		
      This announcement comprises an advertisement for the purposes of paragraph 3.3.2 of the Prospectus Rules made under the Financial Services and Markets Act 2000. This announcement is an advertisement and not a prospectus and investors should not acquire any shares in IPF (defined below) referred to in this announcement except on the basis of information in the Prospectus (defined below). Copies of the Prospectus may be obtained from International Personal Finance's registered office at Number Three, Leeds City Office Park, Meadow Lane, Leeds, LS11 5BD.
    
    Publication of Circular
    Provident Financial plc ("Provident") announces that it has today posted a circular to its shareholders giving full details of the proposed demerger of its international home credit business ("IHC"). Pursuant to the demerger, IHC (comprising Provident International Holdings Limited and its wholly-owned subsidiaries) will be transferred to International Personal Finance plc (a newly established public limited company which has been incorporated to be the holding company of IHC) ("IPF").
    In addition, Provident has also posted to its shareholders today a prospectus prepared by IPF providing details of the proposed introduction and admission of shares in IPF to the Official List of the Financial Services Authority and to trading on London Stock Exchange plc's main market for listed securities.
    The demerger is conditional on approval by Provident's shareholders at an Extraordinary General Meeting of Provident, which has been convened for 13 July 2007. Subject, inter alia, to Provident shareholder approval, the demerger will result in Provident shareholders receiving one share in IPF for every Provident share they hold. Thereafter, the expected effective date of the demerger and of admission and commencement of dealings in IPF shares on the London Stock Exchange is 16 July 2007.
    Shortly after the Demerger is effective, and upon completion of admission, the share capital of Provident will be consolidated on the basis of one consolidated Provident share for every two non-consolidated Provident shares. The purpose of this share consolidation is to preserve the value of share options and awards under Provident's employee share schemes and to maintain, so far as reasonably practicable, the pre-demerger share price, the comparability of historic and future earnings per share and dividend per share data.
    In addition, it is proposed that shortly after the demerger the capital of IPF will be reduced. This will create distributable reserves in IPF of approximately £410 million. The reduction of capital was approved by a special resolution of the current IPF shareholders on 30 May 2007 and is subject to the approval of the Court.
    Expected Timetable of Principal Events
    
      25 June 2007
    
    Posting and publication of Circular and Prospectus 
    
      11 a.m. on 10 July 2007
    
    Latest time and date for receipt of proxy request forms from members of the Provident Financial Company Nominee Scheme for the Extraordinary General Meeting of the Company
    
      11 a.m. on 13 July 2007
    
    Extraordinary General Meeting of Provident
    
      5.00 p.m. on 13 July 2007
    
    Latest time and date for transfers of Provident shares to be registered in order for the transferee to be registered at the Demerger Record Time, Provident share register closes and Provident shares disabled in CREST
    
      5.00 p.m. on 13 July 2007
    
    Demerger Record Time
    
      8.00 a.m. on 16 July 2007
    
    Expected effective date of demerger, Provident share consolidation, admission and commencement of dealings in IPF shares and consolidated Provident shares on the London Stock Exchange and crediting of IPF shares and consolidated Provident shares to CREST accounts
    
      18 July 2007
    
    Court hearing to approve the reduction of capital
    
      By 27 July 2007
    
    Dispatch of definitive certificates for IPF shares and consolidated Provident shares (other than in respect of such shares held through CREST) and any fractional entitlement cheques
    
      By 27 July 2007
    
    Payment of fractional entitlements in respect of consolidated Provident shares held through CREST]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2007/25-06-2007.aspx</link>
<pubDate>Mon, 25 Jun 2007 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:15 GMT</publishDate>
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<title><![CDATA[Demerger Proposal]]></title>
<description><![CDATA[
		Details of the proposed demerger of the international home credit business
Provident Financial plc ("Provident") today announces details of the proposed demerger of its international home credit business ("IHC").  Pursuant to the demerger, IHC (comprising Provident International Holdings Limited and its wholly-owned subsidiaries) will be transferred to International Personal Finance plc (a newly established public limited company which has been incorporated to be the holding company of IHC) ("IPF"). Subject, inter alia, to shareholder approval, the demerger will result in Provident shareholders receiving one share in IPF for every Provident share they hold.
  
  Presentations to research analysts on each of the two businesses will be held today at the offices of Dresdner Kleinwort, 30 Gresham Street, EC2P 2XY at 10.30a.m.  The key highlights of these presentations are:
The demerger
The key reason for the demerger is that the UK and international businesses have different strategic agendas calling for different management skills and focus. Both businesses are expected to benefit from the demerger. The international business will be better able to capture its growth opportunities through greater management focus and the closer alignment of management incentives to the performance of the international business. The UK business will be able to concentrate on developing a more broadly based business focused on the UK non-prime consumer credit market.
  The demerger is expected to result in stronger operational and financial performance for both businesses.
The demerger will offer a choice of investment into two attractive and successful businesses with markedly different characteristics.
  Provident will, prior to the demerger, introduce £70 million of additional capital into IHC to adequately capitalise it as a stand-alone business.
 In the absence of unforeseen circumstances, Provident and IPF intend to pay an aggregate dividend in respect of 2007 of 36.50 pence per share, equal to the Provident dividend per share paid in respect of 2006.
Provident - post-demerger
The UK home credit business will build on its leading position in the UK specialist consumer lending market and is expected to grow and to continue to benefit from (i) the continued diversification of marketing channels for new customer recruitment, (ii) improved customer segmentation and contact management, (iii) product innovation and enhanced lending decision processes and (iv) the introduction of new technology, allowing a streamlining of its cost structure.
 Vanquis will continue to focus on the provision of credit cards to the non-prime market. In the medium-term, it is believed to have the potential to exceed 500,000 customers and £300 million net receivables and to earn a post-tax return on equity of around 30%. Vanquis is expected to trade at around breakeven in 2007.
 There is an increasing market opportunity for Provident's UK businesses because of a combination of growth in the UK non-prime market and the tightening of lending criteria by mainstream credit providers.
 The UK business has a large, dynamic customer base and a national branch infrastructure.  It aims to build on its leading position in the UK specialist, non-standard lending market and in particular to improve its retention of the estimated 200,000 customers who migrate up the credit quality chain each year, through extension of its product range to include agent and non-agent collected unsecured and secured personal loans over longer repayment terms.
 In the absence of unforeseen circumstances, the board of directors of Provident intends to pay a dividend per share for 2007 of 31.75 pence per share (before adjustment for the proposed consolidation of Provident's share capital). It is the intention of the directors to at least maintain the dividend per share with a medium-term objective to build cover until a dividend payout ratio of 80% is reached.
 Provident has pro forma net assets as at 31 December 2006 of £207.1 million, after allowing for adjustments in respect of the £70 million capital injection into IPF, net proceeds of £162.7 million from the sale of Provident Insurance, demerger costs of £20.4 million and after deducting the 2006 final dividend of £56.4 million paid in May 2007.
As at 31 December 2006, Provident has a pro forma equity to receivables ratio of 23%. The directors consider that a capital structure with a ratio of ordinary shareholders' capital to receivables of 15% compared with the current target of 20% is appropriate.  This implies surplus capital of some £80 million on demerger.  However, in light of the high dividend payout ratio, this surplus will be retained in the near term to fund growth opportunities and provide a sensible degree of strategic flexibility.  Provident may consider share buy-backs as and when appropriate.
 Cost savings of almost £3 million per annum are expected after the demerger as a result of a reduction in corporate overhead costs.
 The Fitch Issuer Default Rating has been maintained at BBB+ and the estimated weighted average cost of debt is unchanged at approximately 7%.
 The UK business has made a positive start to 2007.
 IPF
 A proven record of building successful, capital generative businesses in emerging markets underpinned by an experienced management team.
 A substantial business spanning six countries, with 1.8 million customers, 28,400 agents and over 5,000 employees.
 Pro forma pre-tax profit for 2006 of £39.9 million, based on IHC's reported segmental profit for 2006 of £46.2 million and allowing for the increased costs of operating as a stand-alone and listed business of £9.1 million and a reduction in borrowing costs of £2.8 million (mainly attributable to the £70 million capital injection on demerger).
 Significant opportunities for future growth from the fast growing demand for consumer credit in IPF's existing markets and from a target list of eight large new markets to enter, including Russia, India and the Ukraine.
 A clear strategy to seize the opportunities for growth: (i) to increase the pre-tax profit from the established Central European markets by 50% to about £95 million at maturity, (ii) to realise the potential of the markets currently under development, Mexico and Romania, with a target pre-tax profit from these markets of £90 million and £20 million respectively at maturity and (iii) to enter further emerging markets, with a plan to enter three to four countries over the next five years.
 Mexico is expected to report a profit in 2009 and Romania, which has recently successfully completed the pilot stage and been approved for national roll-out, is expected to report a profit in 2010.
 In 2007, approximately £15 to £16 million will be invested in start-up losses from developing markets, principally Mexico and Romania. Thereafter, for the medium-term, IPF's target start-up losses in developing new territories is expected to be broadly equal to 25% of pre-tax profits before such start-up losses.
 IPF intends, subject to satisfactory completion of due diligence, to commence a pilot in the Russian market in the latter part of 2007 which may include the acquisition of a small bank costing about £3 to £5 million.
 Pro forma net assets as at 31 December 2006 of £150.2 million as adjusted for a £70 million capital injection from Provident, giving a pro forma equity to receivables ratio of 45%. This level of capitalisation recognises the risk profile of the emerging markets in which IPF operates and underpins its future requirement to attract debt finance to support its growth strategy. In the longer term, IPF targets to reduce the equity to receivables ratio towards 20% as the business matures.
 IPF's Central European operations are already generating substantial surplus capital. In 2006, they generated surplus capital of £37.8 million which was available to fund both new country development and dividends.
 In the absence of unforeseen circumstances, IPF intends to pay a dividend of 4.75 pence per share for 2007 and thereafter to adopt a progressive dividend policy reflecting the profitability of IHC's businesses as well as its capital and cash flow requirements, with a medium-term objective of moving to a dividend payout ratio of approximately 25% of profit after tax.  IPF believes that this will allow the capital requirements of its growth strategy to be met from retained earnings.
 The tax rate for 2007 and thereafter is expected to be approximately 30%.
 IPF has made a strong start to 2007 across all markets.
 Key Dates
  
  Friday 22 June 2007
  Posting and publication of circular and prospectus
  
  Friday 13 July 2007
  EGM to seek shareholder approval for the demerger
  
  Monday 16 July 2007
  Demerger effective
  
  John van Kuffeler, Chairman of Provident, commented:
  
"The separation of the UK and international businesses is good for the two businesses and good for shareholders.  The international business will be better able to secure its exciting growth prospects, and the UK business will be free to build on its leading position in the UK non-prime consumer credit market.  The board of Provident believes that this move will maximise shareholder value in both the near and longer term."
  
  Christopher Rodrigues, Chairman Designate of IPF, commented:
  
"The international business has a proven and successful model and an experienced management team.  We see many opportunities both in our existing markets and in new emerging markets.  We are all looking forward to the next exciting phase of the business' development."]]></description>
<link>http://www.ipfin.co.uk/media/news-releases/2007/07-06-2007.aspx</link>
<pubDate>Thu, 07 Jun 2007 10:26:00 GMT</pubDate>
<publishDate>Wed, 24 Oct 2012 23:22:15 GMT</publishDate>
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