PeerBerry war-affected loan repayments hit €33m
European peer-to-peer lending platform PeerBerry has repaid another €1.8m (£1.6m) of war-affected loans, bringing the total amount recovered to €33m.
The lender has been working to repay all loans which could be affected by the Russian invasion of Ukraine, since the conflict began in February 2022.
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The platform has now repaid 66 per cent of the total war-affected obligations towards PeerBerry investors.
In an update to investors on the repayments, PeerBerry said that two of its Ukrainian lending partners are continuing to make repayments under the initial loan schedule.
Read more: Peerberry repays another €1.8m in war-affected loans
“Remember that AutoMoney UA and Slon Credit UA long-term loans are being repaid under the initial loan schedule,” PeerBerry said in a blog post on its website. “The last payments of these loans are being repaid with the accrued interest.”
It added: “Also note that a part of war-affected long-term loans (long, business, real estate, leasing) are repaid in full already.”
The repayments of war-affected loans are being performed monthly in the middle of the month.
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