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Jiayin Group's Q1 Loan Facilitation Volume Was RMB22.5B ($3.1B), Up13.6% YoY

Benzinga Newsdesk 2 years ago

EarningsNews

Loan facilitation volume1 was RMB22.5 billion (US$3.1 billion), representing an increase of 13.6% from the same period of 2023. Average borrowing amount per borrowing was RMB10,570 (US$1,464),

  • Loan facilitation volume1 was RMB22.5 billion (US$3.1 billion), representing an increase of 13.6% from the same period of 2023.
  • Average borrowing amount per borrowing was RMB10,570 (US$1,464), representing an increase of 6.6% from the same period of 2023.
  • Repeat borrowing rate2 was 73.0%, compared with 67.8% in the same period of 2023.

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