Alior to launch online loan sales platform

WSE-listed Alior Bank will invest some PLN 30 million in launching a new digital loan sales platform Bancovo. The service will be launched in January/February next year. The project will open with a cash loan offer from banks and lending firms and by mid-2018 will introduce other products, including mortgage, corporate offers, insurance and investment products. InBank, Alior Bank, Wonga.com, Happi Pożyczki, TakTo Finanse and SuperGrosz will be the first to sell their products on Bancovo. Alior hopes to sell PLN 2-3 billion in loans through the service by 2020.