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Granit Bank total assets reach HUF 32bn

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Total assets of Granit Bank, a lender established a year and a half ago by construction magnate Sandor Demjan to help the country’s SMEs out of the crisis, have risen to HUF 32bn, CEO Eva Hegedus said in Thursday’s issue of business daily Vilaggazdasag.

The bank aims to raise its total assets to HUF 600bn by 2020, Ms Hegedus said.

Ms Hegedus confirmed the bank’s plan to become profitable in 2014.

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