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Zaim Credit Systems weathering the coronavirus storm with good amount of cash on hand

Zaim Credit Systems PLC CEO Siro Cicconi tells Proactive the Russia-based lender is maintaining a good amount of cash on hand to come out of the coronavirus quarantine on top. Cicconi says while its stores are open, its online demand is growing more than in-store.

He says the situation is 'much better than expected.'

Quick facts: Zaim Credit Systems

Price: 2.8 GBX

LSE:ZAIM
Market: LSE
Market Cap: £12.24 m
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Zaim Credit Systems says online operations are growing in 'double digits...

Siro Cicconi of Zaim Credit Systems PLC (LON:ZAIM) talks to Proactive London about the rapid surge of its online business. He explains that the online operation now represents largest portion of the Group's business and is continuing to grow. Cicconi mentions the shift to a more flexible and...

4 weeks ago

2 min read