Iute Group Receives Fitch's B- Rating with Stable Outlook

Iute Group, a prominent personal finance entity in Europe, has maintained its B- Long-Term Issuer Default Rating (IDR) and Senior Secured Debt Rating with a Stable Outlook. This rating, provided by Fitch Ratings, acknowledges the company's significant presence in Southeast Europe, particularly in Albania, Moldova, North Macedonia, and Bulgaria.

Fitch highlights Iute Group’s robust profitability, efficient risk management, and the expansion of its customer base and loan portfolio. The group has successfully improved operational efficiency while sustaining stable asset quality through disciplined underwriting practices.

However, the rapid growth of Iute Group puts stress on its capital adequacy. Additionally, geopolitical and regulatory challenges pose potential risks to its business model and environment. Despite these challenges, the rating reflects confidence in Iute Group's strategic vision towards digital transformation.