Dec 7 (Reuters) - Pioneer Credit Ltd PNC.AX :
* Says Pioneer Credit builds customer base through new agreement with major
banking partner
* Acquired additional customers by securing a new contract with the company's
largest partner, one of Australia's major banks
* New forward flow agreement, signed this week, will see pioneer secure a
significant parcel of credit card debt
* Contract will be reviewed after nine months, and then bi-annually following
that, in line with previous arrangements with the bank
* Says price agreed to is consistent with the guidance that pioneer has
provided to the market
* Says company is on track to invest at least $42 million in purchase debt
portfolios
* On track to deliver an after-tax profit of at least $8.8 million during FY
2016
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