KBC Consumer Finance not looking to grow overnight - Azi

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KBC Consumer Finance, the consumer finance company of Belgium"s KBC group, which started operating in April, estimates it will grant loans worth 20 million euros by yearend.

"So far, we"ve granted loans worth several million euros and we"re on schedule with our initial plans. We"re not trying to expand our business overnight, but we will focus on the development of distribution channels this year. I expect the value of granted loans to reach 20m euros by yearend and triple in 2009," states...

Read the whole story in: Ziarul Financiar