Kreon Finnancial Services’ number of loan disbursements has increased by 277% in the month of February 2022 compared to February 2021. Value of disbursements during February 2022 has recorded a growth of 304% compared to the corresponding month in the previous year. Revenue during February-2022 increased by 386% compared to the corresponding month in the previous year.
Despite the impact of omicron over a short period of time, the company managed to achieve consistent average growth in terms of loans disbursed and revenue in February 2022 compared to the previous month January 2022.
Kreon Finnancial Services mainly engaged into retail lending business, comprising of individual, corporate and students Loan.