PragueConnect.cz - Economy

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mBank to offer loan consolidation

mBank will offer the option of consolidation multiple loan products, such as loans, consumer loans, credit cards and authorised account overdrafts, into a single loan from September 2015. The company is launching the product in pilot regime on its branches. mBank’s survey has revealed that the most important factor for respondents from the Czech Republic is low interest rate (47%), followed by lower monthly instalments (29%).

Source: www.cianews.cz