PeerBerry repays all war-affected Russia loans with no losses

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PeerBerry has repaid 100 per cent of its war-affected Russia loans with zero losses to buyers.

A complete of €20.27m (£17.55m) has been recovered for buyers in Russia-based loans, making PeerBerry the primary and solely funding platform to efficiently recuperate its Russian obligations.

PeerBerry has additionally reported that it has repaid the “most important quantity” of Ukraine-based war-affected loans, when in comparison with its competitors. Greater than €25.59m has been repaid on Ukrainian loans which have been impacted by the continuing warfare.

Which means PeerBerry’s buyers have now recouped €45.86m or 91.3 per cent of the overall excellent war-affected obligations.

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There are only a handful of remaining war-affected loans on the PeerBerry platform. They embrace Aventus Group’s long-term loans to AutoMoney and Slon Credit score Ukraine, which collectively quantity to €980,000.

“These loans are being repaid month-to-month beneath the preliminary mortgage schedules,” mentioned a PeerBerry consultant.

“Every final compensation of the principal quantity is being repaid with the gathered curiosity.”

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In the meantime, Gofingo Group has excellent loans with Zecredit, EuroGroshi and Gofingo Ukraine amounting to €3.78m.

“Gofingo Group will proceed masking its war-affected obligations in the course of every month,” added the PeerBerry consultant. “The gathered curiosity shall be repaid with the final compensation of war-affected loans.”

PeerBerry added that so long as there may be “no new main turbulence,” it expects its enterprise companions to have coated their war-affected obligations in full earlier than the top of subsequent yr.

Learn extra: PeerBerry reviews file September funding volumes



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