Intl Personal Finance posts record profit
Emerging markets lender International Personal Finance posted record annual profit as customer numbers grew and said it was confident of more progress despite the current economic uncertainty.
The Leeds-based firm, which mainly operates in central and eastern Europe as well as Mexico, said pre-tax profit for the year ended December 2011 rose by nine per cent from last year to £100.5m.
Chairman Christopher Rodrigues said: “Whilst the economic background continues to be uncertain, we have good prospects for growth and are confident that the business will continue to perform well.”
IPF proposed a full-year dividend of 7.1 pence, up 13 per cent from a year ago.