PeerBerry repays another €1.8m in war-affected loans
PeerBerry has repaid another €1.8m (£1.59m) in war-affected loans to its investors, 14 months after the Russian invasion of Ukraine.
The peer-to-peer lender has now recouped €36.8m in total of all loans impacted by the war in Ukraine. This represents 73.3 per cent of the total war-affected obligations towards PeerBerry investors.
The lender reminded investors that two of its Ukraine-based loan originators – AutoMoney UA and Slon Credit UA – continue to hold long-term loans which are being repaid under the initial loan schedule. The last payments of these loans are being repaid with the accrued interest.
Read more: PeerBerry war-affected loan repayments hit €34.8m
“The repayments of war-affected loans are being performed monthly in the middle of the month,” PeerBerry said in a blog post on the company website.
“A part of war-affected loans is repaid in full already. Please contact our client support via live chat or email if you have questions or need help finding the necessary information in your account.”
The Lithuania-based P2P lender recently launched a French language version of its website and app as it expands its offering to investors.
According to the number of active investors, France is the second-biggest market for PeerBerry, with Germany the biggest. Spain is third on the list.
Read more: PeerBerry funds loans worth €65m in March