Photo: Karl Hilzinger. It plans to expand its store network in Australia while retreating from Britain, and invest more in the fast-growing online lending market. The change in strategy comes after a drop of more than 50 per cent in its share price bank islam personal loan schedule 2015, amid a government review of the laws in the payday lending sector. Cash Converters plans to expand its store network in Australia. Cash Converters managing director Peter Cumins said the company believed it had the best chance of making sustainable profits in Australia, where it held a dominant market share in payday lending.
"Our new strategy is to build on our clear brand and network strengths in Australia where we are the industry leader," he said. "If our industry is to be fully accepted by government and community as an integral part of the financial services sector, we need to ensure we continually deliver presidents choice financial personal loan products and services while maintaining the highest compliance standards.
" He bank islam personal loan schedule recent government data showed the short-term lending market in Australia was growing and the "range of consumers accessing these products is broadening".
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From 1995 to 2002, Terex Corp. was a terror on the mergers-and-acquisitions scene, snapping up a string of 22 takeover targets. Since then, the Westport, Connecticut-based manufacturer of construction and mining equipment has kept its checkbook much closer to the vest, as cash-rich private-equity buyers drove prices beyond where it felt it could make disciplined acquisitions. No matter: the 8.
2 billion company still managed to grow its revenues by an average of 28. 8 percent each year.