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Loan Market is Growing.
(From Polish News Bulletin)
The demand for cash loans is growing due to the falling unemployment and continuing good situation in retail sales. Banks assess the summer season as exceptionally good; their profits were almost as high as in May, when clients contract loans for summer holidays. The costs of cash loans do not fall, though, as the decrease in interest rates is compensated by an increase in commissions. Paolo Iannone, deputy chairman of Pekao, believes that the market of cash loans will be growing at an ...
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