All posts by EPR Financial News

DIGI COMMUNICATIONS N.V. reports to the regulated market the shares buy-back transactions which occurred under the DIGI symbol between 3 and 7 September 2018

BUCHAREST, Romania, 10-Sep-2018 — /EPR FINANCIAL NEWS/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 3-7 Sept 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V.: shares buy-back transactions for the 27-31 August 2018 period

BUCHAREST, Romania, 04-Sep-2018 — /EPR FINANCIAL NEWS/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 27-31 Aug 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V.: shares buy-back transactions for the 20-24 August 2018 period

BUCHAREST, Romania, 27-Aug-2018 — /EPR FINANCIAL NEWS/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 20-24 Aug 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V. reports to the regulated market the shares buy-back transactions which occurred under the #DIGI symbol between 13 and 17 August 2018

BUCHAREST, Romania, 20-Aug-2018 — /EPR FINANCIAL NEWS/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 13-17 Aug 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Zuuse to acquire GCPay, a leading North American provider of construction payment applications software

Melbourne, Australia, 2018-Aug-15 — /EPR FINANCIAL NEWS/ — Zuuse has entered into an agreement to acquire GCPay.com (GCPay), a leading North American provider of cloud collaboration software aimed at streamlining the payment applications process in the building and construction industry.

The acquisition will provide Zuuse with a critical toehold in its largest global market, with almost 40,000 users of the software platform in the USA, including General Contractors, Owners, Developers, Financial Institutions, Government Agencies, Engineering and Architectural Firms, and Subcontractors.

Together with complementing its Payapps cloud collaboration platform in the APAC and EMEA markets, GCPay will help strengthen the Zuuse global product portfolio in the building and construction software sectors.

The GCPay software solution is consistently aligned to the Zuuse strategy and customer base, offering a strong standalone solution as well as integrations with Sage and Viewpoint construction ERP systems, and aligning with other partners.

Zuuse CEO, Jason Lilienstein, said, “This is an exciting acquisition for Zuuse and brings us a major step closer towards becoming a leading global provider of construction and building operations software. The integration of GCPay’s market leading technology will consolidate our position as an industry leader in cloud collaboration payment applications software to the global construction industry, together with further establishing our presence as a leading disruptor in the broader, high-growth AECO (Architecture – Engineering – Construction – Owner Operations) market.”

Systems and processes in the AECO sector are still largely fragmented, manual or paper based, and these inefficiencies result in customers losing time, money, information and resources. Lilienstein, added, “Today’s announcement further exemplifies the customer-centricity and the power of Zuuse, in providing construction and building operations software solutions for our customers which tackle these inefficiencies head-on, working with everything from day to day operational issueson the construction and building site, to long-term strategic asset and facility management issues.”

GCPay COO, Daniel Brunelli, said, “The coming together of our companies is an excellent outcome for all of our stakeholders and most importantly for ourcustomers. The combination of our businesses provides both parties with the expertise, scale and reach needed to provide our customers what they need, when they need it, anywhere in the world.

As a part of the broader Zuuse business, GCPay will be better equipped and resourced to deliver greater value to customers, including extending our existing product functionality as well as broadening our product offering to better fulfil the evolving needs of the growing construction industry. We are tremendously excited by the prospect of what Zuuse and GCPay can achieve together, and I look forward to sharing these benefits with our customers.”

The acquisition is subject to customary closing conditions and is anticipated to be completed in the third quarter of calendar year 2018.

Via EPR Network
More Financial press releases

Digi Communications N.V., the parent holding company of RCS & RDS, reports Q2 2018 financial results

BUCHAREST, Romania, 14-Aug-2018 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that Q2 2018 financial results are available on the Company’s website.

For details, please see:

http://www.digi-communications.ro/en/investor-relations

About Digi Communications NV

Digi is the parent holding company of RCS & RDS, a leading provider of pay TV and telecommunications services in Romania and Hungary. In addition, RCS & RDS provides mobile services as an MVNO to the large Romanian communities living in Spain and Italy.

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V. reports to the regulated market the shares buy-back transactions which occurred under the DIGI symbol between 6 and 10 August 2018

BUCHAREST, Romania, 13-Aug-2018 — /EPR Financial News/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 6-10 Aug 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Digi Communications N.V. will host a conference call to discuss the H1 2018 financial results on August 14, 2018

BUCHAREST, Romania, 07-Aug-2018 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on August 14, 2018 (at 17:00 UK time) it will host a conference call to discuss the H1 2018 financial results.

To participate in the conference please follow the instructions from our website:
www.digi-communications.ro

A webcast of the call and the presentation materials will be available on our websites and the webcast will be archived for 30 days: www.digi-communications.ro.

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V. reports to the regulated market the shares buy-back transactions which occurred under the #DIGI symbol between 30 July and 3 August 2018

BUCHAREST, Romania, 06-Aug-2018 — /EPR Financial News/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 30 July-3 Aug 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

The Saga Continues Between UnifiedOnline/Chanbond & The 13 Cable Companies

Fairfax, VA, 03-Aug-2018 — /EPR Financial News/ — UnifiedOnline, Inc. acquired 100 percent membership interest of ChanBond, LLC on 27th October 2015. That was a portfolio of patents through which the company understands that there is a technology that allows all the major cable companies to offer high-speed data transmission over the hybrid-fiber coaxial networks. UOIP purchased Chanbond for $5,000,000 payable before October 2020 along with 44,700,000 shares of the common stock. On 21st September 2015, Chanbond files a lawsuit in District Court of U.S. against the 13 biggest cable MSOs in the country. Chanbond claims that every cable multi-system operator in the country is virtually using DOCSIS 3.0+ which is infringing upon its patents. The three alleged infringement of wideband signal distribution system patents are:

Patent #1: 7,941,822

Patent # 2: 8,341,679

Patent # 3: 8,984,565

One of the major cable modem manufacturer Cisco filed eight interparty reviews on these patents. Six of the Cisco IPRs on patent 2, and 3 were not established for IPR. Only one of eight interparty reviews was established for IPR on March 3, 2017. Chanbond and the legal team of Mishcon de Reya New York LLP which is a respected law firm are appealing the single IPR that Cisco got.

ChanBond, LLC v. Cisco Systems, Inc.

Federal Circuit U.S. Court of Appeals

Case #:            0:18-bcaag-01886

Case Files: Apr 26, 2018

ARRIS International PLC also filed for five interparty reviews on these patents, but on July 27, 2018, the PTAB denied Arris a hearing because the petition is time-barred. Arris and Cisco are not being sued; only the thirteen cable companies are being sued for the infringement. However, the modem manufacturers are trying to invalidate the patents because their clients are at risk of patent infringement and Arris International has made it public that they have indemnified certain cable companies. This is from the “ARRIS Form” 10-K filed for March 31, 2018

From page 47 ARRIS INTERNATIONAL PLC FORM 10-K

https://www.sec.gov/Archives/edgar/data/1645494/000119312518066821/d505150d10k.htm 

“ChanBond v. MSOs, C.A. 15-cv-00848, et al, District of Delaware (RGA). On September 21, 2015, ChanBond filed suit against several MSOs alleging infringement of three US Patents. Certain of our customers have requested that we provide indemnification. The complaint requests unspecified damages for infringement and injunction against future infringement. To date, no evidence of infringement or damages has been introduced. It is premature to assess the likelihood of an unfavorable outcome. In the event of an unfavorable outcome, ARRIS may be required to indemnify the MSOs and/or pay damages for utilizing certain technology.”

Throughout all of this UnifiedOnline has remained quiet and if you search UOIP on OTCMarkets the company is listed as Caveat Emptor (buyer beware) and as Delinquent SEC reporting. On October 26, 2014, UnifiedOnline Inc. submitted the necessary 13-D with the SEC (https://www.sec.gov/Archives/edgar/data/1097718/000135448815005061/uoip_sc13d.htm) that they were operating in the dark. The sole manager of the company is William R. Carter, Jr. and he is the one who has exclusive and sole authority over all the activities and operations.

During this time there have been no comments from UOIP, but do not let that cloud your judgment about the validity of the company, its patents, or this case. Bear in mind that UnifedOnline retains Mishcon de Reya New York LLP which is a respected law firm, representing a diverse portfolio of clients in more than 60 countries with more than 200 litigators across New York and London. UnifiedOnline has been under the microscope of the 13 largest cable companies in the United States (billion dollar corporations) and the Federal Court System. If there were a hint of scam or any wrongdoing no one would be wasting time, energy, and money to fight these patents. Do not confuse silence on UOIP’s part with sound legal recommendations.

Keep yourself informed with the court schedule, but keep in mind that this may settle or UOIP could be bought out any moment between now and the actual trail.

https://www.docketalarm.com/cases/PTAB/IPR2018-00572/Inter_Partes_Review_of_U.S._Pat._8341679/06-01-2018-Patent_Owner/Exhibit-2043-62-EX2043_DI_271_2018_05_24_Amended_Scheduling_Order/

Please do your own research and perform due diligence before taking my word or the advice of others.

Disclosure: I am long UOIP

DIGI COMMUNICATIONS N.V.: SHARES BUY-BACK TRANSACTIONS FOR THE 23-27 JULY 2018 PERIOD

BUCHAREST, Romania, 30-Jul-2018 — /EPR Financial News/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 23-27 July 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Digi Communications N.V. submitted the Independent Limited Assurance Report on the information included in the current reports for H1 2018 to the Romanian Stock Exchange

BUCHAREST, Romania, 26-Jul-2018 — /EPR Financial News — Digi Communications N.V. (“Digi” or the “Company”) announces that on July 26, 2018 the Company submitted the Independent Limited Assurance Report on the information included in the current reports issued by the Company in accordance with requirements of Law 24/2017 (Article 82) and FSA Regulation no. 5/2018 for H1 2018to the Romanian Stock Exchange (“BVB”). The Report is also available on the Company’s website.

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V.: SHARES BUY-BACK TRANSACTIONS FOR THE 16-20 JULY 2018 PERIOD

BUCHAREST, Romania, 23-Jul-2018 — /EPR Financial News/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 16-20 July 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Credit Raters es un nuevo sitio web de comparación financiera para quienes necesitan dinero, como creditos, mini créditos, préstamos, mini préstamos prestamistas y tarjetas prepagas

BARCELONA, 18-Jul-2018 — /EPR FINANCIAL NEWS/ — Credit Raters es un nuevo sitio web de comparación financiera para quienes necesitan dinero, que ofrece a los consumidores un medio rápido, sencillo y gratis para comparar y solicitar productos y servicios financieros en Internet, como créditos, mini créditos, préstamos, mini préstamos prestamistas y tarjetas prepagas.

CreditRaters.com tiene el objetivo de facilitar la comparación y solicitud de una variedad de productos y proveedores financieros por Internet de forma gratuita.

Para eso, ofrece a los usuarios acceso a presupuestos y ofertas de prestamistas líderes en más de 8 países, incluidos el Reino Unido, España, Argentina, Rusia y Polonia.

Con solo indicar qué tipo de producto se busca y ciertos datos básicos, los usuarios obtienen en tan solo segundos, información de cientos de prestamistas, pequeños y grandes, independientes o grandes corporaciones, además de la posibilidad de solicitar sus productos con solo un clic.

El equipo de Season Marketing reconoce la dificultad de reducir las alternativas cuando se enfrenta a páginas de resultados de búsqueda eternas, por eso diseñó CreditRaters.com, para brindar soluciones rápidas y eficientes a los usuarios que desean obtener resultados que sean relevantes para ellos en tan solo segundos.

Al realizar sus búsquedas en CreditRaters.com, los usuarios acceden a una amplia variedad de proveedores, productos y servicios. La información se actualiza constantemente, los resultados se adaptan a las búsquedas individuales, y el proceso de recopilación de los resultados lleva pocos segundos.

En tiempos donde el tiempo es oro, nunca ha sido más fácil y rápido encontrar un préstamo o una tarjeta prepaga. Pocas personas tienen tiempo para hacer una serie de llamadas telefónicas o visitar una serie de sitios web individuales, ingresar sus datos personales y buscar presupuestos personalizados. Con una ventanilla única, los clientes pueden encontrar lo que necesitan en cuestión de minutos en CreditRaters.com.

Robert Bindon, director de Season Marketing Limited, comenta: “Estamos muy entusiasmados de trabajar en la comparación de productos financieros que se encuentra en constante evolución, y hacer que sea más fácil para los consumidores encontrar productos para los que son elegibles con tan solo un conjunto de preguntas simples. Ha habido un gran crecimiento de la demanda para comparar préstamos y prestamistas en los últimos 5 años. En una época en la que el crédito de €1000 se encuentra a 10 minutos de distancia, estamos felices de proporcionar un sitio web de comparación de precios seguro y gratuito para garantizar que los consumidores de todo el mundo puedan obtener el trato más justo y barato para ellos “.

Los calificadores de crédito actúan como intermediarios y ofrecen resultados que permiten a los clientes comparar las ofertas favorables de los principales prestamistas. La empresa también se adhiere a las prácticas de préstamos responsables y muchas de las compañías de crédito con las que trabaja ofrecen informes de crédito gratuitos para los clientes a fin de alentar una gestión eficaz del dinero.

CreditRaters.com es una solución para aquellos que buscan productos financieros, por ejemplo, préstamos, pero también atiende a clientes que desean obtener más información sobre su calificación crediticia y tomar medidas para mejorar su puntaje. El sitio web ha sido lanzado con un amplio espectro de usuarios en mente, y puede beneficiar a aquellos con buenos puntajes de crédito, así como a aquellos que tienen un historial de deudas y bajas calificaciones crediticias.

Se recomienda a toda persona que desee obtener más información sobre CreditRaters.com que utilice los datos de contacto que se detallan a continuación.

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V.: SHARES BUY-BACK TRANSACTIONS FOR THE 9-13 JULY 2018 PERIOD

BUCHAREST, Romania, 16-Jul-2018 — /EPR Financial News/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 9-13 July 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: Europawire

DIGI COMMUNICATIONS N.V. reports to the regulated market the shares buy-back transactions which occurred under the DIGI symbol between 2-6 July 2018

BUCHAREST, Romania, 09-Jul-2018 — /EPR FINANCIAL NEWS/ — In accordance with the FSA Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 2-6 July 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

ANCOM authorized RCS&RDS’ request to apply a surcharge for certain roaming services supplied to its own customers traveling in the EEA

BUCHAREST, Romania, 04-Jul-2018 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. announces the publishing of ANCOM approval for RCS & RDS S.A. to continue to apply a surcharge for certain roaming services provided in the EEA for a renewed period of 12 months.

We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary in Romania (“RCS&RDS”) to continue to apply a surcharge for certain mobile telephony roaming services supplied to its customers traveling in the European Economic Area (EEA), therefore including the European Union.

By decision issued on 29 June 2018, for allowing RCS&RDS to continue to recoup the costs incurred for the supply of roaming services and to continue to apply the national tariffs in Romania, ANCOM has authorized RCS&RDS’ request to apply a surcharge, on top of the national tariffs, for certain roaming services supplied to its own customers traveling in the EEA, but without going above the maximal following values:

  • 0208 Euro/minute (excluding VAT), for the calls made by its clients,
  • 0091 Euro/minute (excluding VAT), for the calls received by its clients (this value might vary in accordance with the changes brought by the European legislation),
  • 97 Euro/GB (0.00297 Euro/MB), excluding VAT.

RCS&RDS will apply the roaming surcharges starting from the first unit of consumption supplied to its own customers traveling in the EEA.

The renewed authorization issued by ANCOM will apply for 12 months starting 1 July 2018.

For information regarding the initial approval in this respect granted to RCS&RDS in 2017, we invite the market and our investors to refer to the current report issued by the Company on 30 June 2017 (http://www.digi-communications.ro/en/investor-relations/shares/current-reports/digi-current-report-30-06-2017).

SOURCE: EuropaWire

DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 25-29 June 2018

BUCHAREST, Romania, 04-Jul-2018 — /EPR FINANCIAL NEWS/ — In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority “ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 25-29 June 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

Consumer Loan Market Is Growing

New York, NY, USA, 2018-Jul-03 — /EPR FINANCIAL NEWS/ — During last ten years, there were significant investments in the personal loans market. It was possible due to the inflow of capital and innovative technologies, which caused a doubling of the market.

Although, according to many financial websites, originations of personal loans are falling. It started with refusals to borrowers with a credit rating below 600, which didn’t take place since 2012.

Despite the decline in the origination of loans, all other data shows an increase of interest of the borrowers to this bank product.

The market for unsecured loans grew by 10.8% in 2017. And financial analytics are talking now about a great prospect for the development of this market segment.

According to statistics in 2017, 10% of respondents applied for a personal unsecured loan, a greater interest was shown to credit cards (65%) and auto loans (26%).

Banking CEOs are Concerned About FinTech

The lending market has a long history and now it is experiencing one of the most historical phases.

One of the biggest changes became a rapid development of FinTech (financial technologies).

Several years ago banks and other traditional financial structures were skeptical about online loans. Now 81% of banking CEOs are worried about such fast FinTech development.

Such concerns are reinforced by the fact that financial Internet structures have become quite competitive. Applying to a lender online, via a certain website connecting the customers with the direct service providers, the borrower gets a wide choice: unsecured personal loans, same day loans, debt consolidation etc. In addition to this sophisticated credit models and new anti-fraud mechanisms makes online financial services more attractive than banks.

The Most Popular Loans

According to the last statistic data, the most popular loan products are unsecured personal loans and installment loans. These loans are the most convenient and profitable for the borrowers. Same day payday loans are also popular, but they are most often used in urgent cases when money is needed for a short period of time. In such cases, 24/7 loans are more convenient, since it is easy to get and the money is being accrued to the bank account of a borrower in short period of time.

The thing that makes personal loans one of the most attractive types of financial products is its uniqueness. It can be used for any purpose: making a big purchase, paying for a wedding or vacation, etc. However, the most common reasons for obtaining a personal loan currently are:

1. Debt consolidation (35%).
2. Household expenses (19%).
3. Medical expenses (9.9%).

Statistic data shows that the purpose of the loan doesn’t affect the chances of the borrower to get approved.

Summing up, the consumer credit market is experiencing rapid growth. Personal loans are attractive to the borrowers because of the affordable interest rate and quick receipt of funds. FinTech is developing and expanding, thus the number of lenders increases and the borrowers have a wide choice.

Via EPR Network
More Financial press releases

DIGI COMMUNICATIONS shares buy-back transactions for the week 18-22 June 2018

BUCHAREST, Romania, Jun-25-2018 — /EuropaWire/ — Digi Communications N.V. announces the publishing of Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 18-22 June 2018.

In accordance with the Romanian National Securities Commission Regulation no. 5/2018 and art. 2 of the Commission Delegated Report (EU) 1052/2016, DIGI COMMUNICATIONS N.V. reports to the regulated market (Bucharest Stock Exchange “BVB”, Romanian Financial Supervisory Authority“ASF”, the Dutch Authority for the Financial Markets “AFM”) the transactions which occurred under the DIGI symbol between 18-22 June 2018.

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire