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ReutersReuters

Allegro.eu Unit Extends Its Cooperation With Aion Bank

ALE

Allegro.eu SA ALE:

  • EXTENDS ITS COOPERATIONS WITH AION BANK

  • UNDER EXTENSION ALLEGRO PAY MAY ALSO OFFER TO AION LIABILITIES ON BEHALF OF 30-DAY LOANS (BUY NOW PAY LATER)

  • EXPECTS THAT VALUE OF WORKING LOAN PORTFOLIO THAT IT FINANCES FROM OWN FUNDS WILL LOWER PROPORTIONALLY

  • DECREASE DUE TO SALE OF "BUY NOW, PAY LATER" CONSUMER LOANS TO AION

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