I wanted to inform you personally of TWINO’s plans during the global uncertainty caused by the coronavirus (COVID-19) pandemic.

First of all, we are taking all the necessary steps to ensure the safety of our employees and clients. Our employees are advised to follow all the international and local guidelines and work from home whenever necessary.

Secondly, we feel certain that these are the times when we should help those most economically vulnerable by ensuring that funding is accessible. During the last few days, we have already seen an increase in Polish loan applications that were from customers that have scored on average a higher credit rating compared with the previous few months. This is a strong indication of the rising demand for consumer financing from high-quality customers with our loan issuance increasing by around 30% in the market during the last four days. Therefore, we have already increased your interest rates to 12% p.a. for Polish consumer loans to provide liquidity for those in need.

Thirdly, we believe that in times like these a lot of opportunities are being created as well. TWINO has more than 10 years of experience in lending and it was launched at the peak of the previous financial crisis. This expertise will help us to ensure financial inclusion in the markets, where we have lending operations, while also creating new investment opportunities for our investors. For example, our new initiative TWINO Ventures for investment in the real-estate sector will be launched already in a week and you will be able to earn up to 12% p.a.

Stay safe and if there are any questions then do not hesitate to contact us.