Wednesday April 8, 2020

Provident seeks redundancies following huge drop-off in trade

High-interest moneylender has lost more than a third of its Irish customers over last two years

Aaron Rogan

News Correspondent

2nd February, 2020

High-interest moneylender Provident Financial has lost more than a third of its Irish customers in the last two years and is seeking redundancies in its operation here.

A letter was sent to staff in Ireland recently which said that due to the lower number of customers and improvements in technology it was seeking the redundancies of two area managers, two development managers and two field investigation officers in its personal credit division. The group employs...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Flutter, CRH, Greencore and Glanbia are among those whose shares have been borrowed

Barry J Whyte | 3 days ago

Ratings drop is due to Denis O’Brien’s conglomerate restructuring its $7bn debt pile

Ian Guider | 3 days ago

The food giant’s North American business is a vital part of the company, even with its difficulties, says chief executive Kevin Toland

Ian Guider | 3 weeks ago