Harmoney beats loan forecast - just

Wed, 20 Jan 2021

Online personal lender Harmoney has issued 2 percent more loans in the six months ended December than forecast in its prospectus, delivering $194 million to borrowers.Strong second quarter demand saw New Zealand loans increase 44 percent to $62 million and Australian loans 69 percent to $27 million, bringing the total current loan book to $469 million.Managing director David Stevens said the improved quarter reflected a return to pre-covid lending volumes.“This is a volume recovery which we expect to sustain into the second half, as consu...

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