International Internet Magazine. Baltic States news & analytics
Sunday, 26.10.2014, 00:10
Norwegian Folkia buys Estonian SMS-loan company Monetti
The company aims to offer ethic and responsible service in Estonia, to help reforming the sector and retain the trust of the public.
Folkia said its strengths include fixed prices and transparent loan conditions, which offer secure and clear alternative to those people who are interested in unsecured loans.
The so-called fast-loan companies have lost the confidence of the public with their unprofessional activities. Folkia is familiar with the views of the Scandinavian markets where it has shown in the past three years that ethic, responsible and transparent micro-loan business is possible, the CEO of Folkia Per Spångberg said.