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Xelion seeks to break even in the next three years

The advisors will have at their disposal a customer base of those who have the highest revenues among its banking customers in Poland and for whom their current offer is insufficient. However, the main objectives are not to take away clients from Pekao's VIP branch. The main difference between the Italian and Polish Xelion will be the fact that Italian advisors will offer investment in shares, while in Poland these will be mostly loans, for instance mortgage's. Xelion currently employs 40 financial advisors and has only one outlet in Warsaw. Looking to the future, the company intends to have outlets throughout the country in all its major cities and employ 1,000-1,200 advisors, it also plans to break-even three years after launching operations. (Rzeczpospolita, p. B7) M.M

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