Fiolet and Powszechny Dom Kredytowy to merge
"This will be a very friendly merger, as there are no elements of significant competition between the two firms," said Ireneusz Wąsowicz, president of the new entity.
The merger will establish high quality in the market, as the new entity is planning on becoming a multi-intermediary providing product platforms for numerous banks, not only Getin Bank. Apart from granting loans, the firm will also offer simple financial products.
"We will aim at becoming a bank-like institution. We plan to develop a risk management system and, in cooperation with various banks, we shall offer products associated with our brand, as well as take over some activities usually associated with banks," said the CEO. Fiolet-PDK is the third largest financial intermediary in terms of turnover, and has the largest sales network comprised of 245 outlets.
Source: Puls Biznesu (M.M.)
The merger will establish high quality in the market, as the new entity is planning on becoming a multi-intermediary providing product platforms for numerous banks, not only Getin Bank. Apart from granting loans, the firm will also offer simple financial products.
"We will aim at becoming a bank-like institution. We plan to develop a risk management system and, in cooperation with various banks, we shall offer products associated with our brand, as well as take over some activities usually associated with banks," said the CEO. Fiolet-PDK is the third largest financial intermediary in terms of turnover, and has the largest sales network comprised of 245 outlets.
Source: Puls Biznesu (M.M.)
