Credit Corp Group Limited (AU:CCP) has released an update.
Credit Corp Group Limited emphasizes its robust performance in the credit-impaired consumer sector, highlighting a large database, high asset turnover, and strong technology across Australian, New Zealand, and US markets. They prioritize operational excellence and compliance, boasting a significant $1.3 billion in ongoing repayment arrangements, efficient lending practices, and a strategic focus on long-term growth with a targeted return on equity (ROE) of 16-18%.
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