He aspires to lead the digital personal loan market in three years
MADRID, 13 (EUROPA PRESS)
Wizink has launched a new personal loan business line, thus advancing its diversification strategy that includes its three-year strategic plan.
As reported by the bank, from now on it markets four new loans to cover the financing needs of private clients.
These loans do not have study, opening or cancellation fees, they do not require the client to change banks and they are contracted online.
Wizink, which aims to lead the digital personal loan market in three years, plans to enter this business in Portugal before the end of the year.
As highlighted, this is a segment that represents 65% of the total consumer finance market in Spain and has a total volume of nearly 60,000 million euros.
The bank’s CEO, Miguel Ángel Rodríguez Sola, has indicated that launching personal loans is “a clear growth opportunity” for Wizink and “a milestone” in its diversification strategy to lead the consumer credit market in the Iberian Peninsula in the digital realm.
“We are going to take advantage of the reactivation of consumption in Spain by entering the segment with the largest market volume and leveraging our competitive advantages, with a 100% digital proposal, without any commission, easy to manage and contract and at very competitive prices”, Rodríguez Sola has stated.
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