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On today's Vox Markets Podcast: Zaim Credit Sytems and Paul Hill on Accesso, Northbridge & Elecosoft
Siro Cicconi, Chief Executive Officer of Zaim Credit Systems (ZAIM) explains the business model and talks about the growth they're hoping to achieve.
Zaim Credit Systems plc is the holding company of a Russian based financial services company Zaim Express LLC (“Zaim” or (“Zaim Express LLC”)). In 2011, Zaim entered Russia’s burgeoning microfinance sector following the introduction of the Microfinance Business Law which enabled non-bank institutions to provide loans to citizens and companies. Zaim’s core product is providing microloans to Russian consumers. Zaim provides its loans in cash and on its Zaim Express branded bank cards. Loans offered are 30,000 Russian Roubles or less with a maximum duration of 30 days.
Paul Hill Professional Investor & Analyst discusses:
Accesso Technology (ACSO)
Northbridge Industrial Services (NBI)
Elecosoft (ELCO)
(Interview starts at 15 minutes 48 seconds)