Today three loan originators are originating loans in other currency than EUR: - Creamfinance in Georgia originates loans in Georgina lari - ACEMA in the Czech Republic originated loans in Czech korunas - Aforti in Poland originated loans in Polish zloty
The FOREX exposure is taken by the loan originators. The loan originators currently are not hedging the exposure since it is short term (Creamfinance) or small amount (ACEMA and Aforti).
Mintos is not involved in taking FOREX exposure nor in hedging.
Yes, indeed, that would be great. But if i understand correctly what Martins said, they will only include currency that loans are originated in, currently: Georgina lari, Czech korunas, and Polish zloty. Of course, i wouldn't mind either any loans in USD, GBP, or even CHF, but that would require loan originators that have business in countries that use those currencies, isn't it?
Post by littleinvestor on Jun 24, 2016 9:13:25 GMT
Thank god martins decided well to wait 'few more months' to include other currencies and didn't include yet the Pound - just to stress that trying to make other currencies transparent is a very dangerous practice (and not needed).