Toyota Bank Polska becomes the second largest car bank

The automobile banking sector recorded a 40% increase in the number of cars sold on credit during the first half of the year compared to the same period last year. The field leader still remains Volkswagen Bank Polska, which has signed over 13,000 credit contracts worth zł.365.1 million. Fiat Bank Polska, on the other hand, which remained in second place for a long period of time was outpaced by Toyota Bank Polska (TBP), which recorded a 76% increase in the value of granted loans. "By the end of this year we are counting on doubling our current results and maintaining the second position," declared Marek Jerzak the director for development at TBP. Although Fiat Polska has lost its second place, it has also recorded an increase of 15% in value of contracts signed. In total, seven car banks have granted credits worth well over zł.1.2 billion. (Puls Biznesu, p. 5) A.K.