Grab Loan Portfolio Improving Significantly
+64% growth YoY with GXS alone. Sounds impressive to me.
Wonder how this number will change when GXB starts disbursing loans as well.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
151675461 : You mean when borrower starts to payback the interest & loan?
104337105 : Agree on that one
JudeRBOP 151675461: They report that non performing loans are at around 2%.
Which I would assume means that a large majority of their loans are being repaid on time.
So, what I will pay attention to is the continuing growth of loans disbursed + % of non performing loans when GXB starts offering loans as well.
Having another source of revenue that can contribute significantly to the bottom line is important to my investing thesis.
If it’s underperforming, I will have to reevaluate my position.
JudeRBOP 104337105: Only time will tell