The Estonian fintech group AS Inbank, which focuses on consumer credit and deposit products, is entering the Czech market. It currently offers these to approximately 804,000 active clients in Estonia, Latvia, Lithuania and Poland. It only offers deposit products in Germany, the Netherlands, Austria and Finland. In the Czech Republic, the bank wants to focus mainly on the financing of renewable resources for households and installment sales, and its goal is to acquire a loan portfolio of approximately CZK 2.5bn within three years.
Compiled by the team of CzechTrade office in Latvia (Lithuania, Estonia).
Source: ČIA NEWS