PKO Bank Polski in Poland launched a mobile process for obtaining loans for entrepreneurs, which can now apply for a business loan and sign a loan agreement via IKO bank’s mobile app. The entire process is mobile, and the money can be disbursed to a business account even on the day of applying. The amount from 5 000 PLN (approx. 1072 EUR) up to 100 000 PLN (approx. 21 450 EUR) can be borrowed in the PKO Bank Polski mobile application. It is required to have a business account at PKO Bank Polski and use the IKO application, and in that case, the full lending process, including signing the agreement, is being carried out on the customer’s smartphone.
„PKO Bank Polski introduces new solutions that help entrepreneurs manage the business remotely. The possibility of obtaining a business loan of up to 100 000 PLN (approx. 21 450 EUR) in the IKO application is a convenient solution for entrepreneurs that want to quickly receive financing for any purpose. The customer fills in the application and signs the agreement online – it only takes a few minutes, and most importantly, they can do it themselves at the most convenient time. The money can be disbursed to customer’s account even on the same day” said Tomasz Frąckowiak, Managing Director of the Retail Banking at PKO BP.
Source: Bank’s Press Release from November 29, 2021