Consumer credit company Provident Financial Bulgaria will strengthen its presence in Bulgaria and for this purpose it intends to increase its investment in the country to BGN 12 million during the current calendar year. So far the company has invested in the Bulgarian market BGN 6.7 million, reported Money.bg.
The company started its business in Bulgaria in September 2013 and currently has operating subsidiaries in Sofia, Plovdiv, Varna, Burgas, Stara Zagora, Shumen, Veliko Tarnovo, Pleven and Ruse. Reportedly its client portfolio includes 5,000 customers currently served by 300 employees.
Future investments by Provident Financial will seek expansion of the customer base to 100,000 people and presence in 30 cities. For this purpose, 1,200 employees are expected to be hired.