Peerberry repays another €1.8m in war-affected loans
European peer-to-peer lending platform Peerberry has repaid another €1.8m (£1.55m) in war-affected loans, bringing the total amount recovered to €29m.
Peerberry has been working to repay all loans which could be affected by the Russian invasion of Ukraine, ever since the conflict began in February 2022.
To date, the platform has repaid €29m, which represents 58 per cent of the total war-affected obligations towards Peerberry investors.
Read more: PeerBerry funded €47.6m of loans in November
In a message to investors, the P2P platform noted that two of its Ukrainian lending partners are continuing to make repayments under the initial loan schedule.
“Remember that AutoMoney UA and Slon Credit UA long-term loans are being repaid under the initial loan schedule,” said Peerberry.
“The last payments of these loans are being repaid with the accrued interest.
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“Also note that a part of war-affected long-term loans (long, business, real estate, leasing) are repaid in full already.”
Almost 60 per cent of all Peerberry loans originated in Ukraine have now been repaid in full. Just over 48 per cent of loans from Russian originators have now been repaid.
The repayments of war-affected loans are being performed monthly in the middle of the month.
Read more: Robo.cash boss “rather positive” on future of European P2P
